Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Israel-Hamas war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    Most Read
    • Israeli intelligence ‘dismissed’ detailed warning of Hamas raid
    • Argentina’s Javier Milei backs away from dollarisation as central bank pick rejects role
    • Geert Wilders faces early setback in Dutch coalition talks
    • Hamas releases 24 hostages as Israel truce takes hold
    • Rioting breaks out in central Dublin after stabbing attacks
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Companies
      Sections
      • Companies Home
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
      Most Read
      • KPMG extends pay freeze to 12,000 UK staff
      • Tesla strikes in Sweden are ‘insane’, says Elon Musk
      • How BP’s ‘Sun King’ court enabled the rise and fall of Bernard Looney
      • Jeff Zucker hits out at rival Telegraph bidders for ‘slinging mud’
      • Boots offloads £4.8bn pension scheme to Legal & General
    • Tech
    • Markets
      Sections
      • Markets Home
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Wealth Management
      • Trading
      • Moral Money
      • ETF Hub
      Most Read
      • News updates from November 24: Hamas releases hostages as Israel truce begins, Netherlands’ VVD party deals blow to Geert Wilders’ government hopes
      • Argentina’s Javier Milei backs away from dollarisation as central bank pick rejects role
      • How BP’s ‘Sun King’ court enabled the rise and fall of Bernard Looney
      • Investors dump dollar in bet that US rates have peaked
      • Montenegro court clears crypto chief Do Kwon for extradition
    • Climate
    • Opinion
      Sections
      • Opinion Home
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
      Most Read
      • OpenAI has just fused its corporate ‘kill switch’
      • Europe’s problem? It’s too attractive
      • Crypto power struggle enters new stage with Binance settlement
      • Parallel US and UK elections could bring dangers
      • A much-needed truce between Israel and Hamas
    • Work & Careers
      Sections
      • Work & Careers Home
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      • Working It
      Most Read
      • Business Books: What to read this month
      • Brexit negotiator Michel Barnier: ‘The EU is not the same one the UK left’
      • In search of chief executives who never grow ‘old’
      • Start-ups challenge culture of the Japanese salaryman
      • The inescapable tyranny of the bad boss
    • Life & Arts
      Sections
      • Life & Arts Home
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
      Most Read
      • Tom Hanks: ‘I was a pretty lucky guy’
      • Why the breakdown of the 9-to-5 job is making us lonelier
      • The most decorated mountaineer ever (and why you’ve never heard of him)
      • Leon Black’s downfall confounds the legacy of #MeToo on Wall Street
      • Could younger homebuyers turn Belgravia from staid to ‘buzzy’?
    • HTSI
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Climate
    • Opinion
    • Work & Careers
    • Life & Arts
    • HTSI
    Financial Times
    SubscribeSign In

    William Cohan

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Friday, 24 November, 2023
      Markets InsightSpecial purpose acquisition companies
      The Spac bubble and bust is one for the history books

      Collective amnesia is a reminder of the risks of investments offering an illusory prospect of easy wealth

      A scene from the film ‘House of Games’
    • Saturday, 21 October, 2023
      On Wall StreetCapital markets
      Some sanity is returning to bond markets

      We are at last returning to a world where risk and return can be priced in a more real way after the artificial era of cheap money

    • Saturday, 23 September, 2023
      On Wall StreetInvesting in funds
      The risks of money-market funds need careful watching

      If a financial tremor comes along, investors might flee to FDIC-guaranteed deposits

    • Saturday, 12 August, 2023
      On Wall StreetIPOs
      IPOs are back — but investors should keep their enthusiasm in check

      Investment bankers are slowly resurrecting the moribund market for initial public offerings

      People outside a large building with an American flag
    • Saturday, 15 July, 2023
      On Wall StreetUS & Canadian companies
      How much is it worth to retain a star CEO?

      New pay package for Disney’s Bob Iger is just the latest in a series of inducements for high-profile bosses

    • Saturday, 17 June, 2023
      On Wall StreetPrivate credit
      Apollo’s mission in finance

      Marc Rowan talks up the firm’s strategy that is challenging the traditional Wall Street powerhouses

      Marc Rowan, chief executive officer of Apollo Global Managemen
    • Saturday, 13 May, 2023
      On Wall StreetInvestment Banking
      The relative decline of the M&A banker

      The pay and prestige of deal advisers at the big firms have slipped

      Wall Street signage
    • Saturday, 25 March, 2023
      On Wall StreetPrivate equity
      Wall Street’s big shift raises case for a new regulatory stance

      Private investment groups such as Apollo, KKR and Blackstone are increasingly challenging traditional banks in the credit world

      A street sign for Wall Street outside the New York Stock Exchange
    • Saturday, 4 March, 2023
      On Wall StreetCorporate governance
      Time for US boards to step up

      Too many directors are failing to act as a much-needed check on imperial chief executives

      Sumner Redstone
    • Saturday, 4 February, 2023
      On Wall StreetGoldman Sachs Group
      How Goldman can regain its swagger

      The investment bank should consider buying a commercial bank such as Bank of New York Mellon

      David Solomon, chief executive of Goldman Sachs Group
    • Saturday, 21 January, 2023
      On Wall StreetMergers & Acquisitions
      Musk vs Arnault: the tale of two tycoons

      The takeovers of Tiffany and Twitter reveal vast differences between the businessmen

      Bernard Arnault in front of a Tiffany logo and Elon Musk in front of a Twitter logo
    • Saturday, 3 December, 2022
      On Wall StreetFinancial services
      Twitter should note: Making money from money is difficult

      The failings of Lehman and FTX should be a warning if the network is expanded to payments

      Former General Electric chief executive, the late Jack Welch, speaks during the World Business Forum in New York in October 2010
    • Thursday, 5 May, 2022
      FT Magazine
      How Rivian’s CEO became the anti-Elon

      The electric truckmaker’s RJ Scaringe isn’t using Musk’s playbook in his battle with Ford and Tesla

    • Thursday, 30 December, 2021
      ObituaryBear Stearns Cos Inc
      James Cayne, Bear Stearns chief, 1934-2021

      Wall Street executive and bridge fanatic who led the investment bank through many of its triumphs — and tragic mistakes

      James ‘Jimmy’ Cayne, former chairman and chief executive officer of Bear Stearns
    • Saturday, 2 October, 2021
      On Wall StreetUS banks
      Wall Street needs to be clearer on succession stakes

      Uncertainty at the top of two of the biggest banks in the world is not a good look

      A sign for Wall Street hangs in front of the New York Stock Exchange
    • Wednesday, 11 August, 2021
      Markets InsightBanks
      Fortress-type resilience makes big banks hard to topple

      Major lenders have become cartel-like institutions that suffer only fleeting impact from scandals

      Jamie Dimon, the chief executive of JPMorgan
    • Wednesday, 18 November, 2020
      Markets InsightLeveraged loans
      Lender civil warfare pierces credit euphoria

      Battles over ‘cov-lite’ loans signal long overdue correction in markets

    • Wednesday, 23 September, 2020
      US economy
      Jay Powell adds voice to small business cry for help

      US recovery will never come until the companies that account for most jobs get back on their feet

      An employee works at Dependable Cleaners in Quincy, Massachusetts, this month. Small and medium-sized business owners across the US are hurting
    • Friday, 16 March, 2018
      US banks
      Goldman Sachs’ change of CEO reignites an old Wall Street debate

      David Solomon’s expected ascension says much about the future direction of banking

    • Wednesday, 1 September, 2010
      Books
      Rich history of Lehman’s demise
    Previous page You are on page 1 Next page

    Useful links

    Support

    View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

    Legal & Privacy

    Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & Policies

    Services

    Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

    Tools

    PortfolioToday’s Newspaper (FT Digital Edition)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

    Community & Events

    FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme

    More from the FT Group

    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
    The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
    Financial Times

    International Edition

    Subscribe for full access
    • Switch to UK Edition

    Top sections

    • Home
    • World
      • Israel-Hamas war
      • Global Economy
      • UK
      • US
      • China
      • Africa
      • Asia Pacific
      • Emerging Markets
      • Europe
      • War in Ukraine
      • Americas
      • Middle East & North Africa
    • US
      • US Economy
      • US Companies
      • US Politics & Policy
    • Companies
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
    • Tech
      • Artificial intelligence
      • Semiconductors
      • Cyber Security
      • Social Media
    • Markets
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Wealth Management
      • Trading
      • Moral Money
      • ETF Hub
    • Climate
    • Opinion
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      • Working It
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • HTSI
    • Special Reports

    FT recommends

    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • Visual and data journalism
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • FT Live Events
    • FT Forums
    • Board Director Programme
    • myFT
    • Portfolio
    • Today’s Newspaper (FT Digital Edition)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In