Archegos ripple effects - Goldman snacks - Barclays internship update
Good morning and welcome to Insider
- Barclays updated interns around the world on how their programs will work this summer
- Goldman Sachs bosses reportedly sent snack boxes to junior staff after a survey revealed 100-hour weeks
- Experts in the product that triggered Archegos' $20 billion margin call break down the blowup
- Insatiable demand for riskier debt is enabling sponsors to draft aggressive credit agreements
Blackstone is limiting investors' voting rights in a $1.6 billion deal that could leave bondholders short-changed if things go awry
For the second time in recent memory, Blackstone has included language in a new bond deal that caps investors' voting rights at 20%. Here's what you need to know.
Barclays just told its global 2021 internship class that their 8-week summer gigs will be virtual again this year
Barclays is the latest
2 experts in the risky product that triggered Archegos' $20 billion margin call break down the market implications of the blowup
It's been called one of the biggest margin calls in market history, and some say it's still not over yet. See more here.
Hedge funds are raking in big bucks from their private markets bets. Here's how a new fund from Deerfield exec Alex Karnal and ex-Bridgewater COO Brian Kreiter plans to tap into that trend.
A new fund from Deerfield's Alex Karnal and Bridgewater's Brian Kreiter is jumping on the hybrid train. Braidwell - which sources say is still in the early days of getting set up and meeting with potential backers - will focus on healthcare and life sciences companies that are both public and private. Read more here.
- Nifty, Sensex witness volatility, IT stocks under pressure
- Pro-Khalistani protests held outside Indian diplomatic missions in Canada
- Indian NGOs registered under FCRA will have to give details of foreign funds now
- The 100-bagger stocks that survived the test of time and market cycles over 20 years
- Looking to travel abroad? 5 tips to help you save on airfare