Finance
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Inside the crazy world of whistleblower lawsuits, where anonymous tipsters make millions
The CFTC’s whistleblower program could go bust thanks to a high-dollar payout. Whistleblowers earn millions by providing inside knowledge about people defrauding...
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A rising star at $8.8 billion Perceptive Advisors breaks down why the biotech hedge fund is so bullish on BridgeBio ($BBIO)
Perceptive Advisors’ Ellen Hukkelhoven broke down why the $8.8 billion manager is a fan of BridgeBio. The manager believes they have optimized...
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SEC commissioner Hester Peirce says the agency created an ‘investor protection problem’ by not approving a Bitcoin ETF — a day after chairman Gary Gensler dashed hopes of that happening this year
Hester Peirce said SEC refusal to approve a crypto ETF created an “investor protection problem.” She said US crypto investors are now...
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Crypto’s carbon footprint is a ‘stumbling block’ for big investors. Here’s how money managers like Fidelity and Invesco are addressing those concerns.
Asset managers are building new products to satisfy growing investor demand for cryptocurrencies. Crypto’s high carbon emissions are a “stumbling block” for...
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The SEC has proposed cracking down on blank-check companies. Why the ‘SPAC Mafia’ hedge funds aren’t worried about regulation.
The SEC has proposed new regulations on special-purpose acquisition companies. Hedge-fund managers say the rule changes won’t affect their outlook on the...
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The Carlyle Group is rolling out a special incentive program specifically tied to D&I initiatives
Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: Carlyle is rolling out special...
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‘Champions League of tax avoidance:’ Uber used 50 Dutch shell companies to dodge taxes on nearly $6 billion in revenue, report says (UBER)
Uber used around 50 Dutch shell companies to help reduce its global tax burden, an Australian research group found. Despite earning $5.8...
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Deutsche Bank just nabbed a 21-year veteran of Morgan Stanley to serve as vice chairman of its global industrials group
Deutsche Bank has recruited a new MD and vice chair in global industrials. Richard Robinson previously spent 21 years at Morgan Stanley....
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Digital-only banks are poised for significant growth
Adoption of digital-only banks is increasing. Neobanks, including Chime, are raising the bar for customer expectations. Do you work in the Banking...
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Automation is coming for bond syndicate desks, and bankers worry it could make them obsolete
Banks are embracing digital software to cope with a spike in transactions across the bond markets. As administrative tasks become automated, bankers...