Columns

Did Jefferies’ Ben Lorello Bail on Interns?

Hot shot Jefferies & Co. investment banker Ben Lorello once said that what is most inspiring about working at the firm is its “culture to rise to every occasion.”

Bankers: First Data IPO Rapidly Approaching

Wall Street’s top firms believe the initial public offering of First Data Corp., a little known payment processing company, could be among the most lucrative deals in the coming months, generating as much as $40 million in fees, the FOX Business Network has learned.

Exclusive: Gov’t to Press Former AIG Chief on Crisis Plan

Hank Greenberg will be pressed by government attorneys this week during the AIG bailout trial to specifically outline what type of private market solutions he had at the ready as the insurance giant faced a massive liquidity crunch during the 2008 financial crisis, sources tell the FOX Business Network.

Jefferies Loses Clients In Wake of Messy Scandal

FOX Business Network has learned that investment bank Jefferies and Co. is losing clients in the wake of ugly revelations tied to a messy divorce case involving one of the firm’s top bankers.

JPMorgan Bracing For 'Spear Phishing' Campaign: Sources

Insiders at JPMorgan say the bank is preparing for a spear phishing campaign in which bank customers are targeted by a phony but official-looking email or get a phone call from a fake JPMorgan account executive.

SeaWorld of Earnings Problems

SeaWorld operates parks that are supposed to provide family fun, but the company has become embroiled in a high-stakes fight with the government.

What About Me, Goldman's Cohn Asks

It may be unlikely that Gary Cohn will get the top job imminently, but people inside Goldman say Cohn has been bristling over a firm strategy to heighten Lloyd Blankfein’s profile.