Wall Street

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Sloan Reviews the Blackstone IPO Filing

Not quite financial porn, but some revealing moments

(Newser) -  The IPO filing for the notoriously secretive Blackstone Group wasn't the tell-all Wall Street watchers had hoped for, says Newsweek’s Wall Street editor Allan Sloan, who searched in vain for how big a stake is held by the private equity partnership's  two Mr. Bigs, Steve Schwarzman and Pete...

Financial Action Flees to London
Financial Action Flees
to London

Financial Action Flees to London

Goldman Sachs is now doing as much business abroad as on Wall Street

(Newser) - Wall Street’s position as the center of the financial universe—unchallenged for more than a century—is under serious threat from the City of London, according to John Gapper. London is catching up with Gotham in bond trading, already ahead in derivatives and the place to be for really...

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