Jamie Dimon's $50 million surprise

Advertisement
Jamie Dimon's $50 million surprise
Brendan McDermid/REUTERS

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

If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.

Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco.

Advertisement

JPMorgan CEO Jamie Dimon just got a big new incentive to stay on for 5 more years. Here's everything you need to know.

The bank has granted Dimon a major stock award - but he'll have to stick around another five years to collect it.

Advertisement

A look at what we know so far.


UBS is raising salaries for investment bank analysts, associates, and directors. We have all the details for each level.

Advertisement

UBS has joined the ranks of banks bumping compensation for junior and mid-level bankers. Get the details for each level.


Inside the rise of Ryan Tolkin, the 34-year-old investing mastermind behind Schonfeld's transformation from family office to 600-employee hedge fund heavyweight

Advertisement

How Tolkin got to his lofty perch is a combination of natural ability and extreme focus and discipline, said those who know him best. We spoke with Tolkin's professors, colleagues, and friends to understand how he turned Schonfeld into an $8.8 billion hedge-fund heavyweight - and what comes next. Here's what we learned.


13 promising consumer fintechs aiming to be the next household names like Robinhood, Chime, and Coinbase

Jamie Dimon's $50 million surprise
Daylight; First Boulevard; Marianne Ayala/Insider

From Daylight, which provides a digital bank account designed for the LGBTQ+ community, to Vinovest, an app for investing in wine, these are the top fintechs that you should be keeping an eye on. See the full list here.

Advertisement

57 promising fintechs building the behind-the-scenes tech revolutionizing Wall Street

We asked more than 40 investors to nominate the most promising fintechs, and of the 70 nominations received, 57 were fintechs selling directly to businesses (B2B). Check out the 57 most promising B2B fintechs of 2021.

Advertisement

Wells Fargo is looking to hire a lead investor focused on trading-tech startups to keep pace with a surging market

Wells Fargo Strategic Capital is on the lookout for a new lead investor who will run a team focused on trading tech. An MD told Insider about the hiring plans, which you can read up on here.

Advertisement

Angela Miller-May was just tapped to run a $54 billion investment portfolio. She shares her advice for young, Black professionals looking for workplaces where they can thrive.

Miller-May shared advice for young Black professionals seeking inclusive workplaces. Here's what she said.

Advertisement

Odd lots:

With bids starting at $96,000, a Y Combinator founder is selling his shuttered startup as an NFT to 'embrace failing' (Insider)

Robinhood's Biggest IPO Winners (The Information)

Zero-Down Mortgages Stoke U.S. Subprime-Like Fears in Canada (Bloomberg)

Advertisement

Carlyle Launches Renewable-Energy Infrastructure Unit (WSJ)

Credit Suisse Exodus in Full Swing as More Senior Bankers Leave (Bloomberg)

How Coatue's Arielle Zuckerberg convinced a hot pandemic startup to quit fundraising and sign a deal with a hedge fund (Insider)

Advertisement
{{}}