Goldman’s president talks burnout — Inside Charles Schwab’s remote internships — Why embedded finance is hot

• Goldman Sachs president John Waldron details ways the bank is keeping its junior talent amidst a ‘war on talent.’
• Charles Schwab’s internship program is going virtual. An exec details how the brokerage giants plans to do it.
• Here’s why embedding banking services at non-finance firms is all the rage, according to VCs.

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Goldman Sachs president John Waldron just laid out 3 ways the bank is aiming to win the war on burnout, and it doesn’t include special bonuses or fancy vacations

Goldman Sachs.

While speaking at a virtual event for the Economic Club of New York, Goldman’s president explained steps the firm is taking to repel burnout — including hiring junior reinforcements and embracing the efficiency of automation.

Here’s what else the firm plans to do to beat burnout.

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Charles Schwab’s 400-person intern program will be remote again this year. A talent exec shared what worked in 2020 and what will change this time around

Charles Schwab

Rob Mundell, senior vice president of talent solutions at Charles Schwab, details how the brokerage giant is rolling out its virtual internship program. Get the full rundown here.

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JPMorgan could make its first bitcoin fund available to private rich clients as soon as this summer, report says

Mike Blake/Reuters/Alain Pitton/NurPhoto via Getty Images

The firm is in the process of offering an actively-managed bitcoin fund to its private wealth clients for the first time. Here are some of the details.

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3 venture capital investors explain why embedded finance is the hot new space in fintech

Primer

VC investors are chasing startups in the embedded finance market, which enables non-finance firms to offer banking services. Why three investors believe the $230 billion market is one to watch.

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Odd lots:

SPAC Insiders Can Make Millions Even When the Company They Take Public Struggles (WSJ)

Carlyle CEO Kewsong Lee Plots Rebound for Private-Equity Pioneer (WSJ)