Finance
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Goldman bankers vent — Wealth management talent war — Iconiq celebrity clients
Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: A war for talent is...
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Jefferies is giving analysts and associates swanky gifts like Pelotons, iPads, and Apple Watches as the bank looks to show appreciation for junior employees
Jefferies Financial Group is offering its 1,124 analysts and associates a choice of luxurious gifts. They can choose between a Peloton, a...
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Bank of America just told its 1,800 incoming interns it’s going virtual for the summer as Wall Street grapples with how to handle upcoming internships
Bank of America told incoming interns it will run its summer internship program virtually. In the note, the bank mentioned the possibility...
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Hollywood stars like Tom Hanks and Ryan Reynolds are joining Iconiq, a secretive Silicon Valley firm for the ultra-wealthy. Here are dozens of its top clients.
Iconiq Capital is known for its most famous client: Mark Zuckerberg. Iconiq founder Divesh Makan first met Zuckerberg more than a decade...
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464The BUZZ ETF backed by Dave Portnoy has passed $500 million in total net assets (DKNG, AAL, FB, F)
Barstool Sports founder Dave Portnoy. Barstool Sports VanEck Vectors Social Sentiment ETF (BUZZ) now holds $503.1 million in total net assets. The...
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Credit Suisse is overhauling its asset management business and has suspended bonuses after Greensill collapse
Credit Suisse is shaking up its asset management business following the collapse of Greensill. Ulrich Körner will become the new CEO of...
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How the vaccine roll-out and private equity cash are fueling the advisor talent war, according to 8 industry insiders
A year from the pandemic’s start, recruiters tell Insider many advisors are contemplating moves. Rival wealth managers are continuing to poach from...
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558‘Big Short’ investor Michael Burry says he’ll stop tweeting after SEC regulators paid him a visit
Michael Burry. Getty Images/ Astrid Stawiarz Michael Burry’s Twitter habit led to a visit from federal regulators. “The Big Short” investor has...
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Hedge funds’ plans for interns — Inside Tiger Global’s investor letter — Future of payments
Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: Some of the biggest hedge...
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Goldman Sachs has poached a senior trader from Bank of America’s derivatives desk — one of the hottest corners of trading in 2020
Goldman Sachs has hired a senior trader for its equity derivatives desk. Mitchell Story, a index volatility MD at BofA, has joined...