Goldman poaches Uber engineering exec to lead consumer biz
Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:
- Goldman Sachs took a big step to replenish talent in its consumer business by nabbing an Uber engineering exec to lead the group.
- Insurance giant Prudential is following in the footsteps of PayPal and Chobani to analyze its employee benefits and comp.
- PJ Solomon's CEO details the boutique investment bank's plans for a hybrid work model.
Goldman Sachs just poached an Uber engineering exec to head its consumer business. Read the full memo announcing the hire.
Peeyush Nahar, vice president of technology at Uber, will replace Omer Ismail as head of the bank's consumer business, which includes its digital bank Marcus.
Prudential just joined an initiative to analyze employee compensation and benefits. Here's why the insurance giant believes it's 'an opportunity to do better.'
The insurance giant joins PayPal and Chobani in investigating its employees' financial health - a move toward stakeholder capitalism, the idea that companies are responsible for not only their shareholders, but also their employees and communities. More on that here.
PJ Solomon's CEO breaks down how the boutique investment bank is going to save $10 million by remodeling its New York HQ and adopting a hybrid model
PJ Solomon plans to reconstruct its NYC headquarters and introduce a hybrid work model enabling some employees to permanently split their time between home and the office. Take an inside look at the bank's back-to-office reboot.
Morgan Stanley, Citi, and The Carlyle Group discuss why sustainable finance is good for the world - and companies' bottom lines
Leaders from Morgan Stanley, Citi, and The Carlyle Group spoke about the importance of sustainable finance during Insider's virtual event "Financing Net-Zero" last week. Get a rundown of the discussion - and a full recording - here.
ESG terms and reports can be confusing. Investors should look for companies that are authentic and honest about their goals, and their challenges
Investors looking to focus on ESG goals might find the inconsistent reporting and broad range of information confusing. Here's a recap of what industry experts had to say about the issue - along with a full recording of their Insider panel.