Finance
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Here’s a look at 9 business lines Stripe is hoping to grow as the $95 billion fintech targets bigger customers with more complex needs
Stripe was just valued at $95 billion following a $600 million Series H announced March 14. All signs point to an IPO,...
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Citigroup’s 10-week internship program is going virtual for the second year in a row as Wall Street prepares for another summer of remote work
Citigroup’s 10-week summer internship program will be virtual this year, the bank said in a memo. Internships worldwide will begin either June...
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WATCH: 4 Payments experts discuss uses cases for crypto, what’s next for buy now, pay later, and how e-commerce is set to evolve
After a massive 2020, Insider spoke with payments experts about what 2021 holds for the space. From BNPL and e-commerce to real-time...
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Wells Fargo’s head of small business details lessons learned from the PPP rollout and the bank’s digital-first approach to SMB lending going forward
Banks have lent more than $700 billion as part of the Paycheck Protection Program. At Wells Fargo, small business head Steve Troutner...
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Goldman junior bankers raised red flags over WFH issues
Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: Looking to start a hedge...
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486Veteran investor Joel Greenblatt warned many tech stocks are hugely overpriced and explained how he’s finding bargains in a recent masterclass. Here are the 7 best quotes.
Joel Greenblatt. Brendan McDermid/Reuters Joel Greenblatt warned many tech stocks are greatly overpriced. The value investor prefers fast-growing companies with stellar cash...
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WeWork lost $3.2 billion last year. Now it wants to go public with a SPAC advised by Shaquille O’Neal
WeWork lost $3.2 billion last year, down from $3.5 billion in 2019, Financial Times reported Monday. Now WeWork is seeking $1 billion...
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The former co-head of one of Goldman Sachs’ most elite investing groups is making his own bets on banks and fintechs. He’s poaching ex-colleagues and angering his old bosses.
Former Goldman Sachs partner Sumit Rajpal is starting his own investment firm. He has identified one or two investments and is raising...
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Goldman Sachs CEO promises to protect junior bankers’ Saturdays off following survey detailing ‘inhumane’ conditions (GS)
Goldman Sachs CEO David Solomon responded to complaints by junior bankers. Solomon in a message to staff said the firm would work...
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GoldenTree Asset Management’s longtime top lawyer is retiring, and the firm has a new general counsel picked out
Investment firm GoldenTree Asset Management is getting a new general counsel. Sources tell Insider that its longtime general counsel, Barry Ritholtz, is...