Matt Nesto joined CNBC in August 2007 as a general assignment reporter for the network’s Business Day programming.
Prior to joining CNBC, Nesto spent nine years at Bloomberg Television where he most recently served as anchor of its "Morning Call" program. Nesto was also an anchor and stocks editor for "Bloomberg’s Market Week" based in New York.
Previously, Nesto was a European correspondent for Bloomberg Television based in London and was also an anchor, producer and news director for Bloomberg Television in Tokyo, Malaysia and Singapore. While in Asia, Nesto created and launched "Bloomberg Malaysia," an unprecedented joint-venture program in Kuala Lumpur, which earned him a nomination for "Best Newscast in Asia" at the Asian TV Awards in 2000.
Before joining Bloomberg Television, Nesto held financial consultant and investment advisor positions at Lehman Brothers, Prudential Securities and Merrill Lynch.
Nesto began his broadcasting career as a general assignment reporter for WPTZ-TV in Burlington, VT/Plattsburgh, NY as well as Bureau Chief and general assignment reporter for WMUR-TV in Manchester, NH.
Nesto earned a Bachelor’s degree in mass communications and broadcast journalism from Emerson College in Boston, MA.
As we eulogize two legendary Wall Street firms today and have several others on-watch to receive last rights, I can only think that more could have -- and should have -- been done to prevent this financial homicide. What I'll call "firmslaughter."
Maybe Wall Street really is drunk. Somehow the Biblical parable ''the last shall be first and the first shall be last" is shaping up to be the dominant theme this earnings season. E.g., in the past two weeks, the Financial and Discretionary sectors have dominated the market...
CRAZY Money: It would have been hard to miss the 30-plus percent pop in shares of Wells Fargo today -- an astonishing rebound that added $22 billion dollars in market value to the beleagured bank. ... But what might have escaped your probing eyes today were the crazy gains made in the options market -- specifically, Wells Fargo Calls...