Finance
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JPMorgan’s big 2021 plans — 5 crypto-linked stocks to watch — Goldman Sachs’ transformation
Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: From fintech competition to M&A...
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Billionaire hedge-fund manager Steve Cohen just sold his New York City penthouse after 8 years and a 74% discount
Billionaire Steve Cohen’s Manhattan penthouse is in contract after 8 years on the market and multiple price cuts, per Bloomberg. The sale...
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Goldman Sachs has been going through a huge transformation under CEO David Solomon
Goldman Sachs CEO David Solomon is taking big steps to transform the bank. Goldman has been pushing into consumer banking and wealth...
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From fintech competition to M&A plans, here are 4 things JPMorgan analysts are keeping an eye on (JPM)
JPMorgan, the largest US bank by assets, reports Q1 earnings April 14. Analysts will be watching how growth in credit cards and...
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A crypto exec listed Goldman, Lending Club and RBC on his resume. A bankruptcy examiner claims he’s a prison escapee.
A former crypto exec escaped from prison and took on a new name, according to an investigation by a bankruptcy examiner. The...
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Melvin Capital takes a hit — Big hiring plans at Marcus — Goldman’s busy 3 months
Goldman Sachs bankers had a busy start to the year. But analysts are already wondering how long rapid-fire dealmaking can last. David...
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434GameStop short-seller Melvin Capital suffered a 49% loss in the 1st-quarter after being hit by the Reddit-fanned trading frenzy
Melvin Capital founder, Gabe Plotkin. Alex Flynn/Getty Images/Bloomberg Gabe Plotkin’s Melvin Capital extended its first-quarter losses to 49%, Bloomberg reported, citing sources....
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China’s digital currency will be distributed using a two-tiered system to help get it into consumers’ hands
China has become the first major economy to roll out a digital currency. The e-yuan will bypass the global financial system. Economists,...
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Goldman Sachs bankers had a busy start to the year. But analysts are already wondering how long rapid-fire dealmaking can last. (GS)
Goldman Sachs reports its first-quarter earnings on Wednesday, April 14. The bank is expected to report record results in ECM and M&A...
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A crypto exec’s resume listed Goldman, Lending Club and RBC. He didn’t mention a prison break. Now a bankruptcy examiner claims he’s an escapee.
A former crypto exec escaped from prison and took on a new name, according to an investigation by a bankruptcy examiner. The...