Wall Street Cash Bonuses Highest Since 2008 Crash

The average bonus on Wall Street jumped 15 percent last year to the highest level since the 2008 financial crisis and was the third largest on record, New York State's budget watchdog said on Wednesday.


Global Debt Exceeds $100 Trillion as Governments Binge, BIS Says

The amount of debt globally has soared more than 40 percent to $100 trillion since the first signs of the financial crisis as governments borrowed to pull their economies out of recession and companies took advantage of record low interest rates


Why Bitcoin Isn't Dead Yet

The digital cryptocurrency which may or may not have been founded in 2009 by a 64-year-old Japanese recluse — was hit by the biggest challenge it's faced so far when Mt. Gox, the world's largest bitcoin exchange.


Goldman Sachs Leans In, Merrill Lynch Leans Out

Back in the real world of Wall Street and away from the absurdity of the @GSElevator hoax we have the bizarre story of Alice “A.J.” Murphy, one of the most highly respected women in finance.


SNL Financial Announces the Top 50 US Banks from Q4'13

In a report released today, no changes were seen in the largest banks and thrifts in the final quarter of 2013. JPMorgan Chase & Co. and Bank of America Corp. remain the only companies to have more than $2 trillion in assets