Finance
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383JPMorgan is looking to draw in budding investors with a hire from Robinhood
JPMorgan has hired Robinhood’s former head of content as it expands its wealth business. Banks have gone all-in on “content” — newsletters,...
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The 12 top bankers in the hottest part of healthcare reveal their predictions for the future of the industry
Bank of America’s Justin Walter said there was an opportunity to create a better data solution for the whole care journey as...
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The SEC’s probe into Charles Schwab’s robo-advisor is an early glimpse of a fintech crackdown, industry insiders say (SCHW)
The SEC is investigating Charles Schwab’s robo-advisor, the firm disclosed in a filing on Friday. The probe, which appears to be the...
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Citi bumps pay for junior bankers
Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: Citi is the latest Wall...
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How Robinhood reduced paid marketing expenses by 14% and its average customer acquisition cost by more than 60%, according to its S-1 filing
Robinhood has relied on word-of-mouth marketing and its referral program to grow its user base. The company has managed to grow its...
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Apollo turned to law firm Paul Weiss over and over again. The lucrative client stoked tensions at the law firm and opened it up to criticism about the close relationship, insiders say.
Over the past decade, private equity giant Apollo has boosted the coffers of law firm Paul Weiss. But the cozy relationship has...
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452Barclays bans UK customers from making card payments to Binance, citing a notice from the national regulator
Oliver Morris/Getty Images Barclays banned UK customers from making card payments to Binance on Monday. The bank acted after UK financial watchdog...
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Jeff Bezos believes multibillion-dollar failures are actually a good thing: ‘If the size of your failures isn’t growing, you’re not going to be inventing at a size that can actually move the needle’
As Amazon’s CEO, Jeff Bezos said he made big bets that sometimes ended as, “multibillion-dollar failures.” This view lines up with Bezos’...
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Crypto scams are preying on vulnerable people, as cases surge. Many victims are deceived online, including an elderly woman who lost thousands.
A 77-year-old-woman lost more than $12,000 in a bitcoin scam, Chicago Tribune reported. The Indiana-based victim was deceived into handing over personal...
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IBM’s Wall Street-focused cloud is helping banks onboard vendors in as quick as 1 week. Here’s how it’s doing it.
IBM publicly launched its financial services-specific hybrid cloud in April. IBM’s top cloud exec explained how it helps customers reduce vendor onboarding...