• The real-estate company owned by Jared Kushner's family is reportedly dumping its financially troubled flagship skyscraper in New York City

    12 days ago - By Business Insider

    The Kusher Companies, the real-estate company owned by Jared Kushner's family, is dumping its stake in its flagship 666 Fifth Avenue building, according to the Wall Street Journal.
    The Kushner Companies bought 666 Fifth Avenue for $1.8 billion in 2007 but struggled with debt payments on the building.
    Real-estate giant Brookfield will take over the 99-year lease from the Kushner Companies.
    The Kushner Companies, the real estate empire owned by the family of President Donald Trump's son-in-law Jared Kushner, is close to dumping its stake in the long-troubled 666 Fifth Avenue skyscraper...
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  • Wall Street bonuses are set to soar as volatility breathes new life into trading desks once left for dead

    Wall Street bonuses are set to soar as volatility breathes new life into trading desks once left for dead

    12 days ago - By Business Insider

    "Substantial growth" in trading and equity underwriting across Wall Street points to good news come yearend, when employees learn what they will get for bonus pay, according to a new report from Johnson Associates.
    Equity sales and trading personnel may see incentive pay surge 15% to 20%, while fixed-income colleagues may see a 5% to 10% bump.
    Wall Street workers who trade stocks or derivatives linked to equity markets may see annual bonuses surge as much as 20% as market volatility picks up and more startups head to the public markets to sell shares, according to a new report.
    People who...
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  • What you need to know on Wall Street today

    What you need to know on Wall Street today

    12 days ago - By Business Insider

    Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox.
    Wall Street bonuses are set to soar
    Wall Street workers who trade stocks or derivatives linked to equity markets may see annual bonuses surge as much as 20% as market volatility picks up and more startups head to the public markets to sell shares, according to a new report.
    People who work in sales and trading, regardless of their product area, are in line for a strong year, compensation consultant Johnson...
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