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Wall Street intern diaries - Millennium poaches JPM star - 411 on NDAs

Jul 28, 2021, 16:24 IST
Business Insider
Kseniia Perminova/Shutterstock

Welcome to Insider Finance. If this was forwarded to you, sign up here. On the agenda today:

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Introducing: the Wall Street intern diaries

We asked an intern at a top bulge-bracket investment bank to document an entire week in their life on Wall Street. From late-night ice cream parties to cramming on their final project, here's a look inside their world.

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Millennium has poached a star equities trader from JPMorgan

Phil McCarten/REUTERS

Millennium has struck again. This time, amid growing demand for volatility traders, it snagged Borzu Masoudi, head of equity macro derivatives at JPMorgan. Read up on Masoudi's move.

These top eight recruiters are scouting talent for family offices

Russell Reynolds Associates; Spencer Stuart; BraddockMatthews; StevenDouglas; Samantha Lee/Business Insider

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A talent war is unfolding between traditional firms and family offices, the privately held, loosely regulated wealth managers for the world's richest individuals and their families. We rounded up the must-know recruiters in the industry, who you can meet here.

Goldman Sachs requires employees to get vaccinated. Could your boss do the same?

Jack Guez/AFP via Getty Images

The short answer is yes - employers can legally require employees to get a COVID-19 vaccine, which Goldman Sachs has already done. To help you understand what this means for your work environment, we spoke with six labor and employment lawyers. Here's what they told us.

Nium used this pitch deck to raise $200 million at a $1 billion valuation

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Nium

Nium, a Singaporean payments startup, has become Southeast Asia's first business-to-business payments unicorn after raising $200 million in fresh funding. Check out the pitch deck that turned Nium into a unicorn.

Better Mortgage is using hardball tactics to lock up its shares in a SPAC deal, investor says

Samantha Lee/Insider

Pine Brook Capital Partners, which owns 7% of Better, has sued over the company's SPAC merger. Here are the details on the lawsuit.

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These are the six most important things to watch out for when you sign an NDA

Provided to Insider by tech employees; Samantha Lee/Insider

Despite the widespread use of nondisclosure agreements, many workers say they are confused by their NDA and don't understand what they can and can't say about their work. We reviewed 36 NDA's from workers at giant tech firms and at startups, and found six things to look for in your own agreement.

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