Insider finance: Jamie Dimon predicts maskless October
Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:
- Two Sigma is getting into real-estate investing, and looking to a former WeWork executive for help.
- JPMorgan's CEO Jamie Dimon predicts employees will be maskless in the office by October.
- Systematic trading firm Vatic just hired a former finance professor to launch a new quant strategy.
Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco.
JPMorgan CEO Jamie Dimon expects the bank's employees will back in the office 'within weeks' and going maskless by October
JPMorgan CEO Jamie Dimon wants people back in-person, blaming partying, not the office, for getting people sick. Read more here.
Two Sigma is getting into real-estate investing and has tapped a former WeWork executive to lead the chargeQuant giant Two Sigma is launching a real-estate investing arm, Two Sigma Real Estate, and tapped former WeWork executive Rich Gomel to serve as its CIO. Click here to learn about its new plans.
Systematic trading firm Vatic is launching a new quant strategy, and it's hired a former finance professor who worked at Citadel and D.E. Shaw to lead the charge
Vatic Investments has hired former Citadel and D.E. Shaw quant Allen Poteshman as CIO. Read more about the systematic trading firm's plans.
JPMorgan gets backlash from soccer fans after backing the much maligned European Super League
JPMorgan is facing criticism for its decision to underwrite an initial investment into the controversial European Super League. Read more here.
MUFG hires former Nomura fixed income strategist as it ramps up its leveraged finance unit in the US
MUFG has hired George Goncalves to lead its macro fixed income strategies in the US. Read more about the hire here.
Odd lots:
Credit Suisse's Prime Unit Risk Chief Had Been Archegos Salesman (Bloomberg)
Goldman Survey Finds Insurers With $13 Trillion Ready for Risk (Bloomberg)
Top JPMorgan Traders Talk Robots, Brexit Impact and Remote Work (Bloomberg)
Amazon to let Whole Foods shoppers pay with a swipe of their palm (Reuters)
As banks hire 100s of new juniors, students seem to be in luck (eFinancialCareers)