Inside JPMorgan’s startup banking strategy

Inside JPMorgan’s strategy to hold on to more startup clients as they mature with a growing team of VC and ‘disruptive commerce’ bankers

JPMorgan

Melissa Smith, head of specialized industries for middle-market banking, and Pamela Aldsworth, who leads VC coverage, explain JPMorgan’s next steps for retaining startup clients.

Kirkland & Ellis has offered up to $250,000 signing bonuses to young lawyers amid nonstop M&A and capital markets work

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With M&A activity continuing to heat up, Big Law firms are scrambling to hire top legal talent. Here’s how Kirkland & Ellis is trying to poach talent.

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Bank of America’s top tech exec Cathy Bessant just added a new direct report that hints at the increased focus the bank is putting on its infrastructure and cloud initiatives

Bank of America

Tony Kerrison, BofA’s CTO, will now report directly to Bessant, the bank’s top tech exec and have a larger remit. Here’s why that matters.

Key takeaways from Goldman-backed Marqeta’s IPO paperwork, from how Square is a key part of its business to how the $4.3 billion fintech makes money

Marqeta

Marqeta’s S-1 filing outlined the startup’s business model and key risk factors — one of which is that 70% of Marqeta’s 2020 revenue came from Square, including Cash App and seller cards. See other major points from the filing.