Kayla Tausche joined CNBC in January 2011 as a general assignment reporter covering corporate finance and deals for CNBC's Business Day programming.
Tausche covers the banking industry, as well as corporate finance and deals—and frequently breaks news. Outside her primary beats, she has covered a wide variety of high-profile stories, including the Facebook IPO, the Occupy Wall Street movement, the MF Global bankruptcy and the UK phone hacking scandal.
She reports across NBC properties as a contributor to MSNBC, "TODAY" and "Nightly News with Brian Williams." In addition to reporting, Tausche serves as a substitute anchor for flagship CNBC programs "Squawk Box," "Squawk on the Street" and "Power Lunch."
Previously, Tausche was based in London as the assistant editor of DealReporter, a Financial Times-owned publication, covering mergers and acquisitions. Prior to DealReporter, she worked on the consumer and retail beat at Bloomberg News. She began her career in journalism at the Brussels bureau of The Associated Press, where her bilingual interview experience included Jacques Chirac and Peter Mandelson.
An Atlanta native, Tausche graduated with honors in business journalism and international politics from University of North Carolina at Chapel Hill, where she was an Ameel J. Fisher scholar. She sits on the alumni boards of the UNC journalism school and the Steamboat Foundation, where she was a fellow.
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Wall Street’s dogma has long been that grueling hours would be matched with job security — and a fat paycheck. That’s what led Tristan Walker to the trading floor. The 27-year-old grew up on welfare in Queens, N.Y., in the shadow of Manhattan’s towering skyline. The promise of being able to get rich quick was Wall Street’s lure.
As part of Tuesday’s offering, it will sell only 1.8 million shares to the public – a small 1.4 percent of the company. A select group of co-investors will also be allowed to sell a block of roughly 11 million shares once the stock opens for trading.