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On the agenda today:
- Evercore just became the highest-paying investment bank $4
- Two of BofA's top tech executives $4
- The red-hot job market is making employers $4
Let's get started.
Evercore is now the highest-paying investment bank for juniors>$4
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Evercore just bumped base comp to $120,000 for first-year analysts - making it the investment bank with the highest base pay for first-years on the Street. Everything we know about the pay raises so far.>$4
Two of Bank of America's top tech execs are retiring>$4
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Bank of America execs Laurie Readhead and Jim O'Neil are retiring as Cathy Bessant's team reshuffles. Bessant, BofA's chief operations and technology officer who oversees $4, will also be getting a new direct report, Susan Yung. More on the team's reshuffling.>$4
The red-hot job market has employers afraid to mandate vaccines>$4
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It's easier than ever to find a job, making it hard for employers to mandate vaccines. With labor so scarce, workers have the freedom to leave jobs they don't like - including those that would require them to get a vaccine they don't want. Why corporate America is hesitant to mandate the shot.>$4
Wall Street's grip on derivatives trading is being upended>$4
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Derivative Path, a little-known fintech out of San Francisco, has opened up derivatives from interest rate hedges to FX trading for small lenders - leveling the playing field for regional banks. Get the full rundown here.>$4
Gladstone hired a Fidelity manager and an ex-Arrowgrass partner>$4
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Hedge fund Gladstone Capital has boosted its leadership team with a new sector head of technology and a new COO. The manager tapped Sumant Wahi as partner and tech head, after appointing James Coltman as partner and chief operating officer in June. What we know about the fund's latest hires.>$4
On our radar:
