Finance
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Goldman Sachs just tapped Stephen Scherr’s chief of staff to serve as CFO of its consumer business. Read the full memo announcing the promotion.
Goldman Sachs promoted Liz Ewing, a nine-year veteran of the bank, to be CFO of the consumer division. Ewing was formerly chief...
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Plaid quietly acquired a startup founded by 2 Robinhood alums, hinting at its plans to push further into payments
Plaid is pushing deeper into payments with an acquihire and a slew of new partnerships. Plaid acquired Flannel, a fintech building payments...
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JPMorgan CEO Jamie Dimon says he intends to stay in his role for a ‘significant amount of time’ despite a recent leadership shake-up hinting at his succession plan
JPMorgan CEO Jamie Dimon said he planned to stay at the bank for a “significant amount of time.” In May, the bank...
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As Citi Ventures embarks on its busiest year of investing, its global head details why he’s excited about real estate, wealth, and embedded finance
Arvind Purushotham is the global head of Citi Ventures, the venture-investing arm of Citigroup. Purushotham said property tech, embedded trade finance, and...
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Goldman Sachs is in talks to move more than 100 salespeople and traders to West Palm Beach, as the move from Wall Street to Florida accelerates
Goldman Sachs is discussing moving some roles in its global-markets division to Florida, sources said. While the plans are still in the...
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Mapping out all the recent key Credit Suisse departures
Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: We’ve got a running list...
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Shell considers selling assets in the largest US oil field, Reuters reports, highlighting pressure to focus on low-carbon investments
Royal Dutch Shell is reviewing its holdings in the Permian Basin, Reuters reported on Sunday. That may mean Shell sells some or...
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How billionaires like Jeff Bezos and Elon Musk avoid paying federal income tax while increasing their net worth by billions (AMZN, FB, TSLA, MSFT)
Amazon CEO Jeff Bezos didn’t pay any income taxes for at least two years between 2006 and 2018, ProPublica reported. Tesla CEO...
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Fintech is exploding in Latin America, a region long ignored by VCs. But a firm who backed Klarna, Credit Karma, and SoFi has a plan to find the next all-star there.
The next financial services all-star could come from Latin America, where fintech is exploding. QED Investors is betting on the region with...
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Get to know 12 top fintech bankers
Hello readers, Happy Saturday, and welcome to Insider Finance. Here’s a rundown of the must-know stories from the past week: Get to...