The regulations meant to strengthen our big banks may be leaving the U.S. with more troubled small banks.
FORTUNE -- The number of banks in danger of failing is the lowest since the beginning of the financial crisis. That sounds like good news, until you consider this: There are still 11 times more problem banks in the U.S. than there were back in early 2007, before the financial crisis. And the MOREStephen Gandel, senior editor - May 31, 2013 5:00 AM ET
The highly anticipated JPMorgan shareholder meeting felt more like a lunch gathering of a local Toastmasters than Ground Zero of the governance movement.
By Jennifer Reingold, senior editor
FORTUNE -- It was just another beautiful day in Tampa. The sun shone, birds sang, and the manicured lawn at the suburban campus of JPMorgan Chase sparkled as though it had never been touched by shoes before. It probably hadn't before Tuesday morning, MOREMay 21, 2013 1:11 PM ET
Mark Zanoli leaves UBS.
FORTUNE -- Mark Zanoli has stepped down as head of U.S. technology investment banking at UBS, Fortune has learned.
Zanoli originally joined UBS (UBS) in July 2010, following 17 years with J.P. Morgan (JPM) and Hamrecht & Quist.
He was based in San Francisco, and at one point led a team of around 40 professionals. That figure was slashed by more than half late last year in a large round MOREDan Primack - Mar 25, 2013 2:44 PM ET
New York City bean counters would like you to believe that Wall Street bonuses have plummeted since 2006. In fact, the reality is much different, at least for those who are left in the industry.
By Cyrus Sanati
FORTUNE -- Wall Street compensation may look shoddy compared to the boom years, but it's really not as bad as the numbers suggest. Estimates released Tuesday by New York State show bonus payouts MOREFeb 28, 2013 8:34 AM ET
With the Liberty Global deal for Virgin Media, Aryeh Bourkoff's boutique firm takes the spotlight.
FORTUNE -- Liberty Global's $23.3 billion agreement to acquire Virgin Media has thrust little-known investment advisor LionTree into the spotlight, giving it a place among the likes of Goldman Sachs (GS) and JPMorgan Chase (JPM).
LionTree was the lead advisor to Liberty (LBTYA) on its bid for Virgin (VMED), which by any measure was a very big deal. Liberty-Virgin would be MOREKatie Benner - Feb 7, 2013 8:37 AM ET
Vikram Pandit's surprise departure from Citigroup.
FORTUNE -- Here's the lead from today's NY Post story on Citigroup's third quarter earnings:
After five years of languishing in the doghouse, Citigroup's boss, Vikram Pandit, may be enjoying a stint in the sun.
Maybe they meant he would be riding into the sunset...
Citi (C) this morning announced that Pandit has stepped down as CEO and a member of the Citi board, effective immediately. He will MOREDan Primack - Oct 16, 2012 8:23 AM ET
The bankruptcy of Lehman Brothers almost killed Neuberger Berman. Can the company succeed now by embracing Lehman's global ambitions?
FORTUNE -- The asset management business isn't the bastion of stability it used to be. Long known for oh-so-reliable fees and enviable profit margins, traditional equity managers have seen clients stampede to alternatives as the stock market stalled for a decade. They've lost customers to everything from low-cost ETFs to emerging-markets funds, MOREScott Cendrowski, writer - Sep 26, 2012 5:00 AM ET
Investment bankers are making less, but don't expect Occupy Wall Streeters to be happy.
FORTUNE -- The 99% may soon have some new members - employees of Goldman Sachs.
The average compensation at Goldman (GS) is likely to fall by nearly $100,000 by the end of next year as new regulations, fewer deals and legal payouts hurt the firm's profitability. That's the conclusion of a recent report from a European division of MOREStephen Gandel, senior editor - Sep 10, 2012 4:33 PM ET
Why this boutique investment bank matters on Wall Street -- and beyond.
FORTUNE -- As big investment banks wrestle with tarnished reputations and accusations of conflicts of interest, the allure of Wall Street boutiques only grows. They offer advice -- nothing else -- and have none of the other operations, such as trading, that breed conflicts. One firm little known outside of financial circles, Centerview Partners, has become a key player. MOREShawn Tully, senior editor-at-large - Aug 27, 2012 5:00 AM ET
If you look beyond recent mishaps and scandals, there are values to be found in financial shares.
By Russell Pearlman, contributor
FORTUNE -- Disaster and misbehavior have dominated recent headlines about big banks. Whether it's multibillion-dollar trading losses (J.P. Morgan Chase), a settlement for rigging interest rates (Barclays), a Senate report asserting money laundering for drug cartels (HSBC), or assorted bad press for Standard Chartered, Capital One, Wells Fargo, and others, MOREAug 21, 2012 5:00 AM ET
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