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Empire State Dispatch

New York's daily record — from the Bronx to the Battery

Section

Finance & Wall Street

Markets, banks, and the money that moves through Lower Manhattan.

Wall Street Hits Fresh Records as the Rally Broadens
Finance & Wall Street

Wall Street Hits Fresh Records as the Rally Broadens

The market's climb is no longer powered by a handful of giants, as gains spread across industries in a sign of renewed confidence.

Wall Street's War for Quant Talent Reaches a Fever Pitch
Finance & Wall Street

Wall Street's War for Quant Talent Reaches a Fever Pitch

Banks and hedge funds are competing with tech giants for the mathematicians and coders who now drive modern finance.

The IPO Window Swings Open Again on Wall Street
Finance & Wall Street

The IPO Window Swings Open Again on Wall Street

A parade of companies is finally going public after a long drought, testing investors' appetite for new listings.

The ESG Investing Boom Cools Into a More Cautious Middle Ground
Finance & Wall Street

The ESG Investing Boom Cools Into a More Cautious Middle Ground

After years of hype and political backlash, New York's money managers are quietly recalibrating their sustainability pitch.

The Hedge Funds That Left New York Are Quietly Coming Back
Finance & Wall Street

The Hedge Funds That Left New York Are Quietly Coming Back

After a much-hyped exodus, a growing number of funds are reopening Manhattan offices to chase the one thing they can't relocate: talent.

Private Credit Becomes Wall Street's Hottest — and Riskiest — Business
Finance & Wall Street

Private Credit Becomes Wall Street's Hottest — and Riskiest — Business

Non-bank lenders are financing ever-larger deals, moving risk into a corner of finance regulators can barely see.

AI Trading Desks Are Quietly Rewiring Wall Street
Finance & Wall Street

AI Trading Desks Are Quietly Rewiring Wall Street

Banks are handing more decisions to machine-learning models, reshaping the trading floor and the careers built on it.

New York Becomes a Global Hub for Green Bonds
Finance & Wall Street

New York Becomes a Global Hub for Green Bonds

The city's banks are underwriting record volumes of debt tied to clean energy and climate projects, building a new specialty.

Private Equity's Dealmaking Machine Roars Back to Life in New York
Finance & Wall Street

Private Equity's Dealmaking Machine Roars Back to Life in New York

After a prolonged slump, buyout firms are writing checks again, unleashing a backlog of deals across the city's advisory world.