Deutsche Bank teamed up with 6 firms led by women, people of color, and veterans on a $750 million bond sale as Wall Street looks to elevate minority shops
For the first time ever, Deutsche Bank appointed six firms led by women, people of color, and veterans to lead its $750 million bond. Read more on how appointing minority-led firms promotes equity on Wall Street.
A new Goldman Sachs team is on a $7 trillion mission: conquer mobility by making deals with Tesla and Waymo rivals
Goldman Sachs sees the auto industry’s tech revolution as a big opportunity to win new business. The bank is now bringing together its industrial and tech teams to focus on auto tech deals. Get the full rundown here.
Must-know promotions, exits, and hires at firms like BlackRock, JPMorgan, Citadel, and Goldman Sachs
Samantha Lee/Business Insider
The top people moves across the street, from Carey Halio taking over as Goldman’s new head of investor relations to Paul Bodnar being named global head of BlackRock Sustainable Investing. Read them all here.
Here’s why it’s time to shorten the settlement cycle for US stocks
Michael Bodson, the president and CEO of the DTCC, makes the case for moving the settlement cycle for US securities from two days to one. Here’s why.