Wall Street's top tech projects - Remote work comp wars - Nabbing an internship 101
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On the agenda today:
- We profiled 14 ambitious tech projects redefining Wall Street.
- The next big battle for remote workers could be over compensation.
- Everything you need to know to nab an investment-banking internship.
Let's get started.
14 tech projects redefining Wall Street
Much attention is given to the innovation coming from buzzy fintechs. But some of the largest financial firms have their own set of ambitious tech projects. Insider identified executives at top firms like Blackstone, AQR, Bank of America, and Two Sigma leading cutting-edge teams. Here's how Wall Street's biggest players are looking to disrupt trading, banking, and investing.
The lawyers that sued Ackman's SPAC are targeting 50 more
The same lawyers that sued Bill Ackman's Pershing Square SPAC are reportedly targeting 50 more, according to Reuters. The lawyers allege that the SPACs are operating illegally by not registering as investment companies. More on who the attorneys are targeting.
D1 Capital backs new crossover fund from Darsana and Blue Ridge alum
Billionaire Dan Sundheim's D1 Capital is backing Kinetic Partners, a new hedge fund run by former Darsana partner Christopher Golden. Here's what we know about the launch of the fund, which will be eyeing investments in both public and private companies.
Remote workers' next big fight is over compensation
The coronavirus pandemic has already changed the way we work. Now it might change the way we get paid. As more workers leave behind expensive cities for more affordable regions, the fight over whether or not compensation should be adjusted is heating up.
Everything you need to know to nab an investment-banking internship
From when the recruiting process starts to what you can expect to get paid, Insider has mapped out everything you need to know about nabbing an investment-banking internship. Here's a breakdown of all the key things to consider.
Billionaire Simon Nixon's family office plans crypto investments
Simon Nixon, co-founder of UK price comparison website Moneysupermarket.com, wants his family office to increase its crypto holdings, Bloomberg reported. The family office is also looking to hire an analyst to focus on the sector. This marks the latest ultra-rich family's bid to gain exposure to digital assets.
On our radar:
- Goldman Sachs is reportedly considering a new office space in downtown Dallas for up to 6,000 workers, according to The Dallas Morning News. More on why it's looking to double down on the Lone Star state.
- Merrill Lynch Wealth Management is rolling out an initiative to address issues raised by brokers, according to Advisor Hub. Here's a peak inside 'Project Thunder'.
- KPMG execs want employees to raises concerns internally, as opposed to going to the press. Financial News reports on the consultancy's attempt to stop leaks.
- Cryptocurrency trading venue Coinbase just nabbed a Facebook veteran to serve as its CMO. Here's what we know so far.