Insider finance: What it's like working for David Solomon
Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:
- Insiders describe what it's really like to work for Goldman Sachs' David Solomon.
- We mapped out 19 of the top up-and-coming analysts in equity research.
- M&T Bank executives detail their push to hire 1,000 technologists in the bank's new Buffalo tech hub.
Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco.
What it's really like to work for Goldman Sachs CEO David Solomon
Goldman Sachs has enjoyed huge profits and a record stock price, but it's come at the loss of key partners. Find out what it's like to work for the bank's top boss, David Solomon. Read more here.
Meet the rising stars of equity research, up-and-comers making calls on everything from the next big electric car maker to the return of live events
We selected 19 young analysts - under 35 years old and covering a wide range of sectors - to comprise our lineup of up-and-coming talent in the world of equity research.
See the pitch deck that an ex-Goldman partner and a public-health doctor used to convince Verily and Venrock to pour $8 million into a startup taking a new approach to fighting disease outbreaks
The Public Health Company, a startup that wants to help businesses and governments navigate public health crises, saw investments from Venrock, Sweat Equity Ventures, and Verily, Alphabet's secretive healthcare arm. See the pitch deck here.
London's finance sector isn't rushing back to the office. Workers tell Insider about their year of near empty floors, struggling with online training, and shifts in views on WFH.
Even though JPMorgan was the first bank to say it wants US staff to return to the office, it and other big banks are taking much softer approach to their London offices. We spoke with financial workers in the UK, who told us what their year has been like.
M&T Bank executives lay out plans to hire 1,000 people at new Buffalo tech hub as part of the regional bank's push into digital
M&T Bank is launching a 13-floor, $58 million tech site in downtown Buffalo, a city that's in a race for talent "relevance." More on the bank's pivot towards agile, customer-driven tech development.
Raleigh, Nashville, and Austin are luring Big Tech firms with lavish grants and tax breaks, pushing their cash-strapped governments to the brink
Secondary American cities are granting incentives to firms like Oracle and Apple to move there - but watchdog groups worry that municipalities, sapped by the pandemic, can't afford to dole out so many perks. How the cities are luring big companies.
M Science's bounceback: The CEO details how the alt-data pioneer has nearly doubled its staff and is courting large, corporate clients after a difficult 2019
Jefferies' M Science unit ended 2019 in a rut, with several executives leaving the firm. But the alt-data pioneer has surged over the past year and a half. Here's what the CEO told us about its comeback.
The SEC's top Wall Street cop just resigned after less than a week on the job. Here's what went down.
Alex Oh, the first woman of color to hold the job, stepped down after less than a week as the SEC's director of enforcement. Here's what we know so far.
Advisors to the wealthy are fielding a frenzy of calls from clients worried about estate planning and taxes. Here's how they're navigating the chaos.
Advisors told us how they are bracing for changes that could upend estate planning. Here's what they said.
Odd lots:
Goldman Sachs to track employee vaccinations (eFinancialCareers)
Goldman, Citi Stave Off Investor Calls for Racial Audits (Bloomberg)
Is the U.S. Student Loan Program Facing a $500 Billion Hole? One Banker Thinks So. (WSJ)
The man in the MTA's money room (Curbed)