Julie Steinberg on Muck Rack

Julie Steinberg Verified

New York
Wealth Management and Private Banking Reporter — Wall Street Journal

@WSJ banking reporter, proud new landline owner. julie.steinberg@wsj.com. Opinions are my own, not my employer's.

Ally Financial exits TARP as Treasury sells remaining stake

marketwatch.com — The Treasury Department has sold its remaining stake in Ally Financial Inc., the U.S. government's last major Troubled Asset Relief Program investment. The investment in Ally generated $19.6 billion for taxpayers in total, $2.4 billion more than the $17.2 billion Treasury initially sank into Ally.

Ally Financial Exits TARP As Treasury Sells Remaining Stake

wsj.com — The Treasury Department has sold its remaining stake in Ally Financial Inc., the department announced on Friday. The Treasury sold 54.9 million shares at $23.25 per share, generating $1.3 billion, the Treasury said. The sale signified Treasury's last major Troubled Asset Relief Program investment. The investment in Ally generated $19.6...

Ally Financial Gets Subpoena Related to Subprime Automotive Finance

wsj.com — Ally Financial Inc. said it has voluntarily agreed to extend the statutes of limitations to allow the Justice Department to continue its investigation related to former mortgage unit Residential Capital LLC. Ally severed itself from ResCap, which filed for Chapter 11 bankruptcy protection in May 2012. The Justice Department is...

Does Knowing You Are a Banker Make You More Dishonest?

blogs.wsj.com — Does banking culture lead people to be more dishonest? A new study released today in Nature magazine attempted to answer that question and the results will likely be troubling to those who think the industry's ethical troubles are overblown.

5 Reasons to Still Go into a Bank Branch

blogs.wsj.com — Technological advances are now allowing people to transfer money, deposit checks and pay their bills from their home computers and smartphones. Getting cash from an ATM often requires only walking or driving by the outside of a branch. (One side effect: fewer bank tellers, along with diminished stature and pay for those workers.)

http://online.wsj.com/articles/bank-of-america-global-fixed-income-trading-head-to-retire-1415645498

efinancialnews.com — David Sobotka, Bank of America's head of global fixed income, currencies and commodities trading, will retire by the end of the year, according to an internal memo sent to employees on Monday and people familiar with the matter.

Bank of America Global Fixed Income Trading Head to Retire

online.wsj.com — David Sobotka, Bank of America Corp.'s head of global fixed income, currencies and commodities trading, will retire by the end of the year, according to an internal memo sent to employees on Monday and people familiar with the matter.

Sports-Agents Laws to Cover Some Financial Advisers

online.wsj.com — A committee that creates the model for the country's sports-agents laws broadly agreed to expand the definition of an agent to include certain types of financial advisers.

College Sports’ Financial-Adviser Problem

blogs.wsj.com — It is illegal in most states for sports agents to provide gifts or other items of value to college athletes. But those laws rarely apply to financial advisers-and as a result, they often contact athletes who are promising pro prospects, according to college athletic officials.

Colleges Push to Keep Financial Advisers Away From Athletes

online.wsj.com — Former Dallas Cowboys linebacker Steve Octavien recently landed a marketing job, got married, brought his newborn daughter home from the hospital and is saving up for the down payment on a house. But as he gets on with life after six years of professional football, the 29-year-old Mr. Octavien regrets handing over $80,000, including his signing bonus, to a stockbroker named Mary Wong in 2008.
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