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Rob Copeland
Posts
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How Does the World’s Largest Hedge Fund Really Make Its Money?
Ray Dalio’s investing tactics have always been a closely kept secret, even inside Bridgewater Associates. Several years ago, some of Wall Street’s biggest names set...
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Morgan Stanley Names Ted Pick, a Bank Veteran, Its Next C.E.O.
Mr. Pick’s ascension caps an unusually public three-way race to replace James Gorman, who presided over steady growth after taking over in 2010.
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For Goldman Sachs, No Bad News Is Good News After a Brutal Stretch
The Wall Street bank disclosed $2 billion in quarterly profit, just above expectations and propelling the bank further in its turnaround.
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Warning of ‘Grave’ Errors, Powerful Donors Push Universities on Hamas
Wall Street financiers are pressing elite schools to condemn criticism of Israel. Amid pressure, the University of Pennsylvania on Sunday issued a statement referring to...
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Goldman Sachs Sells GreenSky BNPL Business
Goldman sells the consumer lender GreenSky after significant losses, less than two years after buying it.
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Why Cashing Savings Bonds Has Become So Hard
Citing potential fraud, banks are making it increasingly difficult to pay out savings bonds. An unlikely beneficiary is the federal government.
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Billionaire Ray Dalio Pushes for Return to Hedge Fund in Succession Clash
Mr. Dalio retired from Bridgewater last year. But his successors at the world’s biggest hedge fund are discovering it’s not easy to operate with the...
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Citi, Falling Behind Peers, Unveils ‘Uncomfortable’ Changes and Layoffs
The bank’s chief executive, Jane Fraser, said the lender had grown bloated and needlessly bureaucratic.
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Neeraj Khemlani, CBS President, Is Stepping Down
The executive, Neeraj Khemlani, has signed a deal to stay with the company in a less senior role. His successor has not yet been named.
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Zuckerberg Says It’s ‘Time to Move On’ From ‘Cage Fight’ With Musk
Mark Zuckerberg, the chief executive of Meta, wrote on his Threads platform that Elon Musk did not seem “serious” about the much-ballyhooed match.