Goldman Sachs considers sending more 100 traders, salespeople to West Palm Beach

• Goldman Sachs is considering moving more than 100 salespeople and traders to West Palm Beach.
• Morgan Stanley CEO James Gorman wants the bank’s US employees back in the office by Labor Day.
• JPMorgan CEO Jamie Dimon said he isn’t planning on retiring anytime soon despite the bank’s recent leadership shakeup.

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Goldman Sachs is in talks to move more than 100 salespeople and traders to West Palm Beach, as the move from Wall Street to Florida accelerates

Samantha Lee/Business Insider

Leaders of Goldman’s sales-and-trading operation have asked desk heads to poll workers on if they want to relocate to West Palm Beach, according to a source. Read more on the once-unthinkable move.

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Morgan Stanley CEO James Gorman wants US employees back in the office by Labor Day: ‘If you can go into a restaurant in New York City, you can come into the office’

Yuri Gripas/Reuters

Morgan Stanley CEO James Gorman took a strong stance on the importance of employees getting back into the office. Here’s what he said.

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JPMorgan CEO Jamie Dimon says he intends to stay in his role for a ‘significant amount of time’ despite a recent leadership shake up hinting at his succession plan

Mike Blake/Reuters

JPMorgan’s Jamie Dimon said he wouldn’t retire within the next three years while speaking at a conference Monday. The statement comes despite recent talks of his successor.

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Goldman Sachs just tapped Stephen Scherr’s chief of staff to serve as CFO of its consumer business. Read the full memo announcing the promotion.

Reuters

Goldman Sachs promoted Liz Ewing, a nine-year veteran of the bank, to be CFO of the consumer division. Here’s what we know.

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Plaid quietly acquired a startup founded by 2 Robinhood alums in March, hinting at plans to push further into payments

Plaid

Plaid’s March acquisition of Flannel, a fintech building payment APIs, is a signal of bigger plans at the $13.4 billion startup. Here’s what we know about the deal.

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Morgan Stanley is doubling down on its wealth business, and its co-president says client assets could swell by more than 50%, topping $7 trillion

REUTERS/Brendan McDermid

Morgan Stanley’s sprawling wealth management unit could add some $3 trillion in five years. Here’s what Andy Saperstein, Morgan Stanley’s co-president, said about the future of the unit.

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Crispin Odey believes inflation will bring a ‘golden period’ for M&A. He highlights why his bet on Distell could be a big winner.

Aaron Chown/PA Images via Getty Images

In a letter to investors, Crispin Odey said inflation will provide his fund with big opportunities — specifically, he said, merger arbitrage is an attractive strategy during periods of inflation. Get the full rundown here.

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Odd lots:

Investors Clamor for a Bigger Piece of Payments Company Stripe (WSJ)

Wall Street’s Return-to-Office Gulf Exposed by Goldman, Citi (Bloomberg)

Barely Hired at Morgan Stanley, Trading Savior Nears CEO’s Perch (Bloomberg)