Walmart's mystery fintech - PR cashes in on SPAC craze - Goldman exodus
Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:
- Experts speculate on what Walmart is planning with its mysterious fintech venture.
- BlackRock is making changes to how it handles employee complaints after discrimination and harassment claims.
- We mapped out all the big Goldman Sachs names who are jumping ship - and where they landed.
We are also looking for nominations for upcoming list of top equity research analysts under 35. Find out more about the list, and how to nominate someone here.
Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco.
Walmart's mysterious new fintech startup just made some high-profile hires. Here's what experts predict these moves mean for the new venture.
Walmart is making a push into the world of fintech with the help of two former Goldman executives.
Experts speculate on what the retail giant is looking to do with the mysterious venture.
Click here to read the entire story.
BlackRock's HR boss details steps, including forming a new team, to address employees' complaints in new memo as it faces discrimination allegations
BlackRock is taking new steps to address employee concerns, including forming a new team, according to a recent memo from the HR head viewed by Insider. Read more here.
UBS doubles down on the workplace wealth business as it leads a $10 million investment round in student loan fintech FutureFuel.io
UBS is investing in a startup that helps people pay down student loan debt. See more here.
Bank of America has promoted Laura Chepucavage to global markets leadership team, running financing and futures desk
Laura Chepucavage, a two-decade veteran of Bank of America, has been promoted to head of global financing and futures, according to an internal memo. Get the full rundown here.
PR firm Bevel hired a Goldman Sachs alum to cash in on the SPAC craze and win market share from financial communications heavyweights
PR firm Bevel has brought on a Goldman alum to lead a new SPAC communications and advisory practice. Find out more here.
An exodus is under way at Goldman Sachs. Here's a running list of all the big names jumping ship and where they're heading.
We mapped out all the recent partner departures from Goldman Sachs and where they are headed. Read more here.
Odd lots:
The new screening interviews used by investment banks (eFinancialCareers)
German Financial Regulator Refers Greensill Matters to Criminal Prosecutors (WSJ)
Goldman to Swell to Record Size in Singapore With 100 Tech Hires (Bloomberg)
Big exits from Goldman Sachs' New York equities business (eFinancialCareers)
A $21 Trillion Treasuries Mystery Is Bedeviling Global Markets (Bloomberg)
Citi's $900 Million Mistake Prompts Banks to Seek New Safeguards (Bloomberg)
JPMorgan Seeks to Reduce Office Space in Two Manhattan Towers (Bloomberg)