Finance
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Soaring stocks in pharma giants has minted these 9 new ‘vaccine billionaires,’ according to a report
Nine people have become “vaccine billionaires” since the start of the pandemic, a report said. They include Moderna and BioNTech’s CEOs, plus...
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The Wall Street crowd is flocking to oyster bar happy hours and running up $6,000 wine tabs
Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: The Wall Street crowd is...
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Elon Musk says he isn’t selling his dogecoin: ‘I haven’t and won’t sell any’ (TSLA)
Billionaire Tesla CEO Elon Musk says he’s holding on dogecoin, the volatile cryptocurrency. “I haven’t and won’t sell any,” he told a...
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Here are 4 key details from Goldman-backed Marqeta’s plans to go public, including Square’s role in its business and the $4.3 billion fintech’s reliance on partner banks
Marqeta helps companies like Instacart and Square issue credit and debit cards An Instacart shopper picks up an order. Instacart Marqeta is...
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Meet 10 top recruiters helping fintechs like Coinbase, Stripe, and Square nab top executives and staff up teams in a red-hot market for tech talent
Dean Nacey, SPMB SPMB Key placements: NerdWallet, Juniper Square. Based in San Francisco, SPMB’s practices range across sectors within fintech. The executive...
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How Blackstone turbocharged Oatly’s growth ahead of the plant-based milk company’s IPO
When Oatly goes public, it will likely signal success for Blackstone’s nascent growth equity group. The Swedish oat milk producer has grown...
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Inside JPMorgan’s startup banking strategy
Inside JPMorgan’s strategy to hold on to more startup clients as they mature with a growing team of VC and ‘disruptive commerce’...
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Meet Zhang Yiming, the secretive Chinese billionaire behind TikTok worth $44 billion who just stepped down as ByteDance CEO
Zhang Yiming has built a $44.5 billion fortune since cofounding ByteDance, the Chinese tech giant behind TikTok. Despite being one of the...
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Wells Fargo’s CEO is looking to use wealth clients to drive growth in the consumer bank, taking a page from rivals’ playbooks (WFC)
Wells Fargo’s CEO said the bank can look to better link wealth and consumer units for growth. “It’s what we see with...
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Bank of America’s top tech exec Cathy Bessant just added a new direct report that hints at the increased focus the bank is putting on its infrastructure and cloud initiatives
Tony Kerrison, BofA’s CTO, will now report directly to Cathy Bessant, the bank’s top tech exec. Kerrison, who leads the bank’s tech...