Goldman junior bankers' reluctant return
Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:
- Goldman Sachs has taken a hard line on getting employees back in the office, but junior bankers aren't as keen to come in.
- We found another one of Jeffrey Epstein's little black books with some high-profile names.
- JPMorgan just tapped Robinhood's former head of content to help with the expansion of its wealth business.
Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco.
Goldman Sachs offices are open. But actually getting junior bankers to return full-time is proving tough.
Three sources told Insider that employees have been milling in and out on an ad hoc basis. Here's what we know about Goldman employees holding off on returning to the office full-time.
We found Jeffrey Epstein's other little black book from the 1990s. Search all 349 names in our exclusive database.
We've obtained a never-before-seen address book that appears to have belonged to Jeffrey Epstein in the '90s, connecting him to a network of prominent financiers and political figures, including prominent VCs and the former chairman and CEO of JPMorgan.
Check out our searchable database of Epstein's connections.
Billionaire Philippe Laffont's Coatue trails the S&P 500 halfway through 2021
Philippe Laffont's Coatue is up 5.8% for the first half of the year, sources tell Insider. Here's what else we know.
JPMorgan is stepping up marketing for its wealth business and hired Robinhood's former head of content for a new role
David Moss will help the firm's US wealth business attract new investors, per a company memo. Learn more about his role here.
Centerview rainmaker Blair Effron says the boutique bank is embracing a 'primarily in-office experience' but will keep some degree of flexibility permanently
Centerview is embracing the benefits of in-person work after reopening on June 14 while allowing flexibility. Here's what we know.
The 12 top bankers in the hottest part of healthcare reveal their predictions for the future of the industry
We spoke with bankers at Morgan Stanley, Goldman Sachs, and seven other leading firms to get a sense of what's behind this year's record M&A activity. Here's what they told us.
10 execs from top US banks, including Chase, Wells Fargo, and Bank of America, highlight their strategies for the new version of branch banking
The pandemic has changed banks' approach to branches, as some have looked to deals to broaden their footprint, while others are expanding on their own. Meet these 10 executives, who explain their vision for the future of branch banking.
Odd lots:
MOVES Deutsche Bank hires five senior wealth managers from UBS (Reuters)
JPMorgan, Goldman Call Time on Work-From-Home. Their Rivals Are Ready to Pounce. (WSJ)
Wall Street Bids Up Junior Banker Salaries in Battle for Talent (Bloomberg)
EXCLUSIVE As fund board diversity lags, U.S. SEC advisers push for details on race, gender (Reuters)
More Credit Suisse Senior Bankers Depart in Wake of Archegos Loss (WSJ)
Credit Suisse's #Zoltan Warns of Trouble Ahead in Money Markets (WSJ)