Finance

Melvin Capital takes a hit — Big hiring plans at Marcus — Goldman’s busy 3 months


Goldman Sachs bankers had a busy start to the year. But analysts are already wondering how long rapid-fire dealmaking can last.

David M. Solomon, President and Co-Chief Operating Officer of Goldman Sachs, speaks during the Milken Institute Global Conference in Beverly Hills

David Solomon is the CEO of Goldman Sachs.
REUTERS/Lucy Nicholson

As Goldman prepares to report first quarter earnings on Wednesday, we asked analysts what they are looking at. From wealth management to trading, these topics are top-of-mind. Click here to read the entire story.


The cofounder of Greenwood, a digital bank geared toward Black and Latinx users, details the fintech’s $40 million Series A and how it’s grown a waitlist 550,000 strong

Ryan Glover

Greenwood

We spoke with Greenwood cofounder Ryan Glover and Truist Ventures head Vanessa Vreeland, who detailed how the $40 million Series A came together. Here’s what they told us.


William Blair told investment-banking analysts, associates, and VPs they’ll receive special bonuses up to $20,000 as Wall Street’s arms race to hang onto junior talent continues

money sheet

BRENDAN SMIALOWSKI/AFP via Getty Images

Chicago-based boutique bank William Blair is the latest firm to extend offers to its junior bankers. In an internal memo, executives told employees they’d receive “a special, one-time spot bonus.” Read more from the memo.


Balyasny poaches a top derivatives trader from Goldman Sachs as demand for volatility traders heats up

Travis Potter Balyasny

LinkedIn

Goldman Sachs derivatives trader Travis Potter is headed to hedge fund Balyasny. More on his move here.


Must-know promotions, exits, and hires at firms like BlackRock, Citadel, Balyasny, and Goldman Sachs

CaitlinMcLaughlin Lafayette Square

Asset manager Lafayette Square announced that Caitlin McLaughlin will be the company’s next chief people officer.
Lafayette Square

BlackRock hires Stephanie Smith as COO of its alts business. Goldman Sachs appoints Jason Hill as its new chief operating officer for global marketing. An executive exodus at Credit Suisse. We’ve got all the people moves across Wall Street.


Billionaire Lee Ainslie’s Maverick Capital soared in March despite the struggles of his Tiger Cub peers

Lee Ainslie Maverick Capital

SUN VALLEY, ID – JULY 08: Lee S. Ainslie, head of hedge fund Maverick Capital, attends the Allen & Company Sun Valley Conference on July 8, 2015 in Sun Valley, Idaho. Many of the world’s wealthiest and most powerful business people from media, finance, and technology attend the annual week-long conference which is in its 33rd year. (Photo by Scott Olson/Getty Images)
Scott Olson/Getty Images

Maverick Capital is outpacing fellow Tiger Cubs like Lone Pine, Coatue, and Tiger Global this year. Read more here.


Klarna is one of the biggest names in buy now, pay later. But cofounder Niklas Adalberth questions the consumerism at the heart of the $31 billion fintech.

Niklas Adalberth

Klarna cofounder and philanthropist Niklas Adalberth.
Courtesy of Norrsken Foundation

Niklas Adalberth, Klarna cofounder and former executive, thinks buy now, pay later isn’t “what the world needs.” Hear more about what he has to say.


A crypto exec’s resume listed Goldman, Lending Club and RBC. He didn’t mention a prison break. Now a bankruptcy examiner claims he’s an escapee.

james alexander cred inc fraud 4x3

Sussex Police; Facebook/James Alexander; Samantha Lee/Insider

A former crypto exec escaped from prison and took on a new name, according to an investigation by a bankruptcy examiner. We’ve got all the details here.


Odd lots:

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Popular

To Top