Employees of Goldman Sachs' consumer business are quitting in large numbers, sources say. Goldman engineers and product managers are suffering from burnout and top-down management.
Marcus instituted "audio only" meetings on evenings and Fridays and is hiring more engineers to offset the crunch. Read more here.
SoFi has said it is looking to compete against the largest investment banks by underwriting IPOs of certain companies itself, in addition to participating in IPOs like other retail brokerages. Here's how that could work and what the big challenges are.
Greenwood is a banking app designed for Black and Latinx communities. In late March, the startup announced a $40 million Series A round. Cofounder Ryan Glover and Truist Ventures head Vanessa Vreeland detail how the deal came together.
March was a rocky month, partially thanks to the implosion of Bill Hwang's family office Archegos. Big-name managers stumbled, including long-running Tiger Cub Lone Pine. Here's a rundown.
Across Wall Street, firms are competing with one another to retain junior talent. The push to incentivize young workers to stay comes after a grueling year of working from home on rapid-fire deals.
NewsletterSIMPLY PUT - where we join the dots to inform and inspire you. Sign up for a weekly brief collating many news items into one untangled thought delivered straight to your mailbox.
Richard Branson is leading a campaign to end the death penalty, along with other key business figures. The Virgin Group founder said there is an urgent need to abolish the practice.
Canada's 2nd-biggest bank is giving staff a subscription to meditation app Headspace and an extra day off
Wall Street billionaire Leon Black denied sexual-harassment allegations made by a former model and said he paid her to keep the 'affair' quiet