Zoom nabs JPM banker — Citi DEI head's plans — BofA's new org chart

View in browser
Insider Finance
Subscribe

Welcome to Insider Finance. If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go – click here for iOS and here for Android.

On the agenda today:

Let's get started. 


Zoom just nabbed a JPMorgan tech banker

Zoom logo

After 16 years with JPMorgan, Sanjay Rao has joined video-conferencing company Zoom to head its M&A strategy. The tech investment banker joins following a year of record-breaking growth for Zoom. More on Rao, the latest Wall Streeter to jump to tech.


Citi's new head of diversity wants to shake up Wall Street

Erika Irish Brown photo 2015

For Insider's first installment of The Equity Talk, we sat down with Erika Irish Brown, Citi's head of DEI. Brown discussed how she's measuring the effect of DEI at the bank — see what she told us here.


Bank of America reveals its new org chart

An org chart with photos of Bank of America's management team

Bank of America announced sweeping changes to its leadership team earlier this month, with more than 15 leaders seeing their roles change. We've got two charts breaking down BofA's new leadership, and who's running which business lines.


BofA's CEO detailed the firm's approach to tech and ops budgeting

Brian Moynihan gesturing on a TV set wearing a suit and blue tie.

Bank of America's Brian Moynihan explained the "constant fight" his new tech and ops leaders will face when cutting costs in their $14 billion budget. Even though the bank has cut the budget down by billions, Moynihan said it's still seeing client volumes grow. Here's what else he said.


Procore just agreed to acquire Levelset

Scott Wolfe, CEO of Levelset, and Tooey Courtemanche, CEO of Procore

Procore, a cloud-based construction-management software company, announced it will buy software firm Levelset for $500 million. The deal will help Procore solve one of the construction industry's biggest problems: getting paid. Here's what you need to know.


A top European bank research analyst is leaving Goldman Sachs

David Solomon

Jernej Omahen, Goldman Sachs' head of research for its European financial institutions group, is leaving the bank. Omahen, a partner and 20-year Goldman veteran, announced his plans to retire this week, marking another partner exit from the firm. What we know so far.


ExodusPoint has poached two portfolio managers

A race car with sparks flying off of it.

ExodusPoint Capital is looking to supercharge its macro trading business — and has poached two star portfolio managers to do so. Pablo Duran Steinman, head of macro at the family office of George Soros, will join the $14 billion fund, as will Eisler Capital's Mukesh Murarka. More on that here.


On our radar:

Business Insider

Email sent to: you   |   Manage preferences   |   Unsubscribe

Terms of Service   |   Privacy Policy   |   © 2021 Insider Inc. 1 Liberty Plaza, New York, NY 10006
Powered By SailthrU

Key phrases

Older messages

Anti-vaxxers in Vancouver delayed an ambulance carrying someone bleeding out from getting to the hospital

Wednesday, September 22, 2021

An individual with an arterial bleed was being transported by the ambulance to St. Paul's Hospital, where protesters were blocking the entrance. View in browser Business Insider Business Insider

PayPal's 'super app' — JPM loses top tech exec — Merrill's pay plans

Wednesday, September 22, 2021

View in browser Insider Finance Insider Finance Subscribe Welcome to Insider Finance. If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go – click here for

One map shows how long it could take for each US state and DC to get back to pre-pandemic employment

Tuesday, September 21, 2021

Utah and Idaho have already seen their labor markets return to pre-pandemic levels. This map shows when the rest of the country could recover. View in browser Business Insider Business Insider Business

Elliott under fire — Deutsche poaches BNP exec — SoftBank's Miami digs

Tuesday, September 21, 2021

View in browser Insider Finance Insider Finance Subscribe Welcome to Insider Finance. If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go – click here for

Inside private equity's power struggle with investors

Monday, September 20, 2021

The legal war is leading to frustration on all sides... View in browser INSIDER INSIDER Subscribe Insider Exclusive FINANCE Inside private equity's power struggle with investors A battle between

This Show Might Be Netflix's Biggest Hit Ever

Wednesday, September 29, 2021

Plus, the WFH lunch the internet's obsessed with, and more. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Sep. 29 2021 Bustle logo alt_text This Show Might Be Netflix's Biggest Hit Ever Squid Game,

Bombshell revelations about the Manchin family

Friday, September 24, 2021

According to newly unsealed court documents, Heather Bresch, the former president and CEO of the drugmaker Mylan — and Sen. Joe Manchin's daughter — colluded directly with the CEO of Pfizer to keep

Longreads + Open Thread

Saturday, October 23, 2021

Ports, Bits About Money, Sneakers, Carbon, Omakase, Nietzsche ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

One map shows how long it could take for each US state and DC to get back to pre-pandemic employment

Saturday, October 23, 2021

Utah and Idaho have already seen their labor markets return to pre-pandemic levels. This map shows when the rest of the country could recover. View in browser Business Insider Business Insider Business

Biden hunts for taxes

Saturday, October 23, 2021

View in browser Bloomberg Follow Us Get the newsletter Since the Covid-19 pandemic arrived in America, earnings have soared, stock markets have hit records and consumers lucky enough not to have been

Get ready to pay more

Friday, October 22, 2021

View in browser Bloomberg US Federal Reserve Chair Jerome Powell reiterated on Friday that “it's time to taper,” shorthand for the slow removal of financial supports that held up a once pandemic-

FTT Update: Hailey Bieber Just Invested In Fintech

Friday, October 22, 2021

​ ​ Hi all, Julie here. Excited to hang out with some fintech folks in Austin tonight at Point72 Ventures' happy hour! Jordan is stoked to meet more of you at Money2020 in a few days too. I'm

The Value of Experts

Friday, October 22, 2021

Inside GLG, the World's First "Expert Network" ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Inside the investment craze changing the face of Las Vegas

Friday, October 22, 2021

Big real estate investors known as REITs have been... View in browser INSIDER INSIDER Subscribe Insider Exclusive FINANCE Inside the investment craze changing the face of Las Vegas Big real estate

Asset manager Valkyrie's bitcoin futures ETF will start trading on Friday, reports say

Friday, October 22, 2021

The company's bitcoin futures ETF will start trading in the US on Friday, October 22, rivalling ProShares' own launch earlier this week, reports said. View in browser Business Insider Business

Blimps, Bots, and the Future of Cargo

Friday, October 22, 2021

Plus! Bitcoin's Long March: Pensions; Last Mile; Google's Laffer-Style Tax Cut; Sales ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Fintech News Issue #334

Friday, October 22, 2021

The Other Side of Pandemic See Online Issue #334 2021-10-21 COVID-19 reshaped our financial world. From the way we transact, to our digital knowledge, now it seems like if we can't use cash as we