Goldman CEO wants interns in the office - The rush to educate rookie traders - Warford out at Maverick

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Goldman CEO wants interns in the office - The rush to educate rookie traders - Warford out at Maverick
The Wall Street bullReuters/herval

Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:

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Goldman Sachs CEO David Solomon wants this summer's interns in the office and says remote work has had an 'enormous impact' on how the bank operates

Goldman CEO wants interns in the office - The rush to educate rookie traders - Warford out at Maverick
Danny Moloshok/Reuters

Goldman Sachs' CEO David Solomon had some strong thoughts about remote work, specifically how it applies to summer analysts looking to learn the ropes of investment banking.

In short, Solomon is keen to get this summer's class of interns back in the office.

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Click here to read the entire story.


Meme stocks and FOMO are attracting millions of newbie traders. Here's how giant brokerages are scrambling to help them navigate wild markets.

Goldman CEO wants interns in the office - The rush to educate rookie traders - Warford out at Maverick
Prostock Studio/Getty Images; Samantha Lee/Insider

The surge in retail traders from the GameStop fiasco has brokerages rolling out education tools for novice investors. Read more here.


SIGN UP NOW: Execs from Bain Capital Ventures, PayPal, Mastercard, and JPMorgan on what's in store for payments in 2021

Goldman CEO wants interns in the office - The rush to educate rookie traders - Warford out at Maverick
Samantha Lee/Business Insider

Ashley Paston of Bain Capital Ventures, Sherri Haymond of Mastercard, Peggy Alford of PayPal, and Lia Cao of JPMorgan join Insider's Shannen Balogh to discuss what's in store for the payments space in 2021. See more here.

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Maverick Capital's top stock-picker Andrew Warford is leaving the $9 billion fund to run his own family office

Goldman CEO wants interns in the office - The rush to educate rookie traders - Warford out at Maverick
SUN VALLEY, ID - JULY 12: Lee Ainslie, head of Maverick Capital, attends the second day of the annual Allen & Company Sun Valley Conference, July 12, 2017 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)Drew Angerer/Getty Images

Maverick Capital exec Andrew Warford, who owns at least 25% of the fund, is leaving the firm after 18 years. Read more here.


Meet the Stripe mafia: These 14 former employees are raising millions for their own startups, from climate tech to a Slack competitor

Goldman CEO wants interns in the office - The rush to educate rookie traders - Warford out at Maverick
Rafael Henrique/SOPA Images/LightRocket via Getty Images

Meet the former Stripe employees who have started their own venture-backed startups. See more here.


Odd lots:

From 'Butter' Deal to Lucid: Inside Citi's 15-Year-Old SPAC Desk (Bloomberg)

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Media veterans like Joanna Coles are betting big on SPACs. Here are 11 media-focused blank-check companies to watch. (BI)

Clearinghouse Urges Faster Trade Settlement Amid GameStop Scrutiny (WSJ)

Take a look at the confusing bank interface behind Citigroup's $500 million mistake (BI)

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McKinsey's partners have reportedly voted out Kevin Sneader, its global managing partner, after he served just one term (BI)

Covid-19 Shopping Makes Card Fees a Bigger Burden for Merchants (WSJ)

3 top execs at hedge fund Elliott Management have put their New York apartments up for sale as the firm moves to Miami. See inside one of the $39.5 million homes. (BI)

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The 2 meetings a fintech founder swears by to help balance a hybrid workforce of office and remote staff (BI)

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