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New York
Money and Investing Reporter — Wall Street Journal

Following #Fintech, Wall Street and banks @WSJ. Occasional sports/politics tweets, no additional charge. DM ideas or send to aaron.lucchetti@wsj.com

Missing Funds at MF Global May Have 'Vaporized'

wsj.com — Nearly three months after MF Global Holdings Ltd. collapsed, officials hunting for an estimated $1.2 billion in missing customer money increasingly believe that much of it might never be recovered, according to people familiar with the investigation.

Occidental Faces a New Fight At the Top

wsj.com — Major shareholders of Occidental Petroleum Corp. are taking sides in an executive-suite drama that has split the energy producer into camps supporting either the chairman or chief executive. The divide comes just two years after the chairman, 78-year-old Ray Irani, left the CEO job over questions about his pay.

Occidental CEO to Stay Through 2014

wsj.com — In a surprise turnabout, Occidental Petroleum Corp. on Monday reversed plans to immediately replace Chief Executive Steve Chazen, giving in to investor pressure less than a week before its annual meeting. The fourth-largest U.S.

Former Direct Edge CEO to join bond upstart

efinancialnews.com — A startup hoping to transform the $13 trillion market for US treasuries has hired a stock exchange veteran to help it get there. William O'Brien, who ran stock-trading platform Direct Edge Holdings from 2007 to 2014, will join bond-trading platform Direct Match as executive chairman, the New York company is expected to announce as soon as April 6.

Direct Match Taps a Booster of High-Speed Trading

wsj.com — A startup hoping to transform the $13 trillion market for U.S. Treasurys has hired a stock-exchange veteran to help it get there. William O'Brien, who ran stock-trading platform Direct Edge Holdings LLC from 2007 to 2014, will join bond-trading platform Direct Match as executive chairman, the New York company is expected to announce as...

Wall Street’s Veeps

blogs.wsj.com — No. 2's are trending on Wall Street these days. Over the last year, three of the six largest U.S. banks have named No. 2 executives. Wednesday, Morgan Stanley announced that longtime executive and former Chief Financial Officer Colm Kelleher was being promoted to the role of president under CEO James Gorman.

The Weekend That Wall Street Died

wsj.com — With his investment bank facing a near-certain failure, Lehman Brothers Holdings Inc.'s chief executive officer, Richard Fuld Jr., placed yet another phone call to the man he thought could save him. Mr. Fuld was already effectively out of options by the afternoon of Sunday, Sept. 14. The U.S.

MF Global Told to Boost Capital

wsj.com — Regulators ordered MF Global Holdings Ltd., the brokerage firm led by former New Jersey Gov. Jon Corzine, to boost its net capital in August after they grew concerned about its exposure to European debt. The New York firm was able to quickly remedy the situation, increasing its capital above required levels, according to people familiar with the situation.

AmEx Increases CEO Chenault’s Pay by 3%

wsj.com — American Express Co. awarded Chairman and Chief Executive Kenneth Chenault a pay package valued at $25.1 million for his work in 2014, up 3% from the previous year, the credit-card company disclosed in a regulatory filing Monday. The 63-year-old executive's pay rose from $24.4 million for 2013 as the New York company hit the top end of its...

Thain, in Interview, Reflects on Merrill and CIT

online.wsj.com — Former Merrill CEO John Thain, in an interview, said he regretted having to sell the firm to Bank of America amid the financial crisis. He also spoke about his plans for CIT Group.
More Articles →
Apr 29, 2016

RT @carney: This is a great story. Disgraced trader Alexis Stenfors’s struggle for redemption on.wsj.com/1SDhECC

Apr 29, 2016

This is some harsh high-school math: Bank of America or Apple: a Ninth-Grader’s Lament on.wsj.com/249jfuw HT @WSJheard @ReillyDavid

Apr 29, 2016

RT @NickTimiraos: Zero Hedge says certain facts were presented without proper context in an online news story. Oh, the irony. twitter.com/EddyElfenbein/…UmGQEDxYq

Apr 28, 2016

RT @KateDavidson: A law cutting the dividend the Fed pays member banks may be unconstitutional, @ABABankers is arguing on.wsj.com/1SNEIANiJ

Apr 28, 2016

Profits down, infighting up at Thian's Credit Suisse. Read this story via @jennystrasburg wsj.com/articles/insid…

Apr 28, 2016

RT @Chadbray: Barclays agreed to sell Barclaycard credit card business in Portugal, Spain to Spanish online bank Bancopopular-e. https://t.nyti.ms/1N3fBe9o/thWJFQvri3


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