Wall Street: For junior employees at investment banks, landing a job with a private equity firm can mean moving to the middle of a Wall Street war

A battle is raging on Wall Street as never before, with powerful factions scrambling for control of a precious resource. On one side are the giant inv(...)

S&P calculates that almost four in five US stock fund managers fail to beat broader indexes Photograph: Ralph Orlowski/Bloomberg

It’s become one of the toughest sells of a fund manager: pay a fee to underperform the rest of the market.Over the last three years, S&P calculate(...)

Gerry McCartney, vice president for IT and chief information officer, Purdue University, Indiana

It’s a long journey from joining the Christian Brothers to becoming one of the leading technology innovators in the US, but then Gerry McCartne(...)

Book review: Can China Lead?

Here, three senior US academics who have spent a lot of time studying China argue that China is at an inflection point, with changes in its economic p(...)