Finance

Inside Robinhood’s IPO filing

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Inside Robinhood’s IPO filing

Vlad Tenev, Robinhood

Vlad Tenev, CEO of Robinhood
Robinhood

Robinhood’s paperwork for its highly anticipated IPO was published Thursday.

Here’s everything you need to know:


These 10 execs will determine the future of branches at the biggest US banks. Here’s how they’re thinking about more than 24,000 locations.

Illustration of a futuristic glass bank with a large illuminated dollar sign logo above the entrance, surrounded by logos of Wells Fargo, Bank of America, and Chase Bank

Marianne Ayala/Insider

Executives at the top US banks — including JPMorgan Chase, Citi, and Wells Fargo — share their thoughts on the future of branch banking.

Click here to read the entire story.


An elderly couple is suing JPMorgan for $20 million over claims they were misled on risky investments

JPMorgan

Amr Alfiky/Reuters

The Doelgers say JPMorgan and investment manager Chickasaw Capital Management, which specializes in master limited partnership investments, pushed them to make complex investments without adequately explaining the risks involved. Learn more about the suit here.


Plaid is hiring like crazy and investing big in a new portal giving consumers control of their financial data

Headshot of Plaid’s CTO Jean-Denis Greze

Jean-Denis Greze, CTO of Plaid.
Plaid

Plaid’s consumer privacy group is one of the fastest growing teams at the company. Here’s a look at their its plans.


KKR wants its New York staff back in office this month. The return comes as the private-equity giant unveils a wealth of new deals.

KKR

Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018.
Brendan McDermid/Reuters

The private-equity firm expects New York staff to be vaccinated before returning to the office. Here’s what we know.


Rich snowbirds want to make their pandemic moves permanent and lower their tax bills. A family office director walks through the process of establishing a new residence.

Headshot of Clarfeld executive Donna Ciuffo

Donna Ciuffo, director of family office services.
Clarfeld

Clarfeld’s Donna Cuiffo says it takes a lot more than spending more than half a year in a new abode. Here’s her advice.


Tiger Global just netted $1 billion on a ride-hailing app bet. Here are 6 other startups in the $65 billion hedge fund’s portfolio that plan to go public this year.

coleman tiger global

Business Insider/ Mike Nudelman

The company has taken part in at least 165 startup financings in 2021, according to PitchBook. Here’s a list of startups it’s invested in that plan to go public soon.


Bank branches aren’t dead, but building redesigns and employee upskilling means they’ve changed forever

AP3970898496

People walk past a branch of Chase Bank in New York on Jan. 14, 2015.
AP Photo/Mark Lennihan, File

Redesigned locations that look more like an Apple store than a bank. Welcome to the future bank branch.


Odd lots:

LegalZoom surged 39% after making its trading debut. Here’s what you need to know about the legal tech company. (Insider)

TPG Is Evaluating a Public Listing (WSJ)

Republicans Ask Federal Retirement Plan for Details on BlackRock, State Street’s Votes (WSJ)

Banker’s Portrait of Racism at HSBC Prompts an Internal Probe (Bloomberg)

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