Good morning and welcome to Insider Finance . I'm Dan DeFrancesco, and here's what's on the agenda today:
Suzanne Shank details her rise to become one of the only Black CEOs on Wall Street .Robo-advisor Betterment brokered a deal for Wealthsimple's US customer base in the first big move under new CEO Sarah Levy. Adam Stone, Perceptive Advisors' chief investment officer, walked us through the healthcare and biotech specialist's SPAC strategy . Here's how Candlestick Capital, Cinctive Capital, and Holocene Advisors performed in February. We are also looking for nominations for upcoming list of top equity research analysts under 35. Find out more about the list, and how to nominate someone here.
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Suzanne Shank Siebert Williams Shank Suzanne Shank spoke to Insider about building and running a minority- and women-backed investment bank. The profile is the first in our series "Black Excellence on Wall Street," which includes stories about Black leaders and their impact in finance.
Find out more about Shank's rise at Siebert Williams Shank, which has partnered with Microsoft and Apple to invest in positive change for communities of color and been involved in high-profile IPOs like Airbnb and Oscar Health.
Click here to read the entire story.
Betterment Chief Executive Sarah Levy. Betterment Robo-advisor Betterment is buying Canadian rival Wealthsimple's US book of business in the first big move under new CEO Sarah Levy. Read more here .
Adam Stone is the chief investment officer for Perceptive Advisors Perceptive Advisors Perceptive Advisors chief investment officer Adam Stone walked Insider through its SPAC strategy. See more here .
REUTERS/Lucy Nicholson Get some insight into how Candlestick Capital, Cinctive Capital, and Holocene Advisors did in February. Get the full rundown here .
Odd lots: Melvin Capital Dusts Off From GameStop Fiasco With 22% Gain (Bloomberg)
Bank of America co-head of global oil trading departs - sources (Reuters)
Robinhood may dump the popular confetti animations that critics say help turn stock trading into a game, report says (BI)
JPMorgan Adds Goldman Dealmaker to Strategic Investors Team (Bloomberg)
The Wall Street Journal is revamping its digital strategy to get more traffic - and it's creating tension among some reporters (BI)
Credit Suisse has a new treat for its junior bankers (eFinancialCareers)
Deutsche Bank shakes up junior recruitment to diversify from MBA hires (Financial News)
PNC chooses new CIO for asset management group (Pensions & Investments)
Warren Buffett didn't mention SPACs, crypto, or meme stocks in his annual letter. Buffett scholar Lawrence Cunningham explains how the billionaire still managed to warn investors about them. (BI)