Finance
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The world’s most prominent real-estate investor reveals what he would do with $100,000 — and it’s something he thinks most people should be doing with their money, too
Blackstone COO Jon Gray told Bloomberg his investing advice would be to bet on real estate. Gray, who has the No. 2...
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GOP House campaign will begin accepting cryptocurrency donations — the first national party committee to do so
The National Republican Congressional Committee (NRCC) will accept cryptocurrency donations, it told Axios. BitPay will process crypto donations into US dollars before...
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The great Wall Street cloud war
Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: How top cloud providers are...
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Here’s how AWS, Google Cloud, IBM, and Microsoft Azure are pitching themselves to finance firms in their fight to win Wall Street’s business
Wall Street firms are turning to the public cloud for analytics, scalability, and innovation. AWS, Google Cloud, IBM, and Microsoft Azure are...
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New documents show how an investment fund lost millions backing a litigation finance firm that predicted big wins in Chinese courts
Investors looking for high returns have poured at least $11 billion into litigation finance. One funder, patent-focused iPEL, said it would bring...
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1.1K$21 billion hedge fund D1 Capital has been on a private investing spree. Here are 35 companies it’s backed in 2021 from unicorns like Squarespace to corporate card startup Ramp.
Dan Sundheim’s D1 Capital has made private investments in startups since its inception in 2018. D1 participated in funding rounds in hot...
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Barclays has poached a Bank of America director to trade bonds in tech, media, and telecoms, as Wall Street’s battle for credit talent rages on
Barclays has hired a director in investment-grade bond trading from Bank of America. David Holliday will join later this summer, trading credit...
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Credit Suisse has lost at least 45 execs, bankers, and traders after a string of scandals in recent months. Here’s who left and where they’re going.
Bankers, traders, and other employees are departing Credit Suisse in droves in recent months. People are defecting to firms like Jefferies, JPMorgan,...
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Goldman Sachs considers sending more 100 traders, salespeople to West Palm Beach
Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: Goldman Sachs is considering moving...
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521Jamie Dimon says JPMorgan has stockpiled $500 billion in cash that it will look to invest as inflation picks up
JPMorgan CEO, Jamie Dimon. Brian Snyder/Reuters Jamie Dimon said JPMorgan has stockpiled $500 billion in cash to invest at higher rates. “I...