JPMorgan mask mandate - Nasdaq diversity plan - Evercore offer letters

Jordan Parker Erb   

Welcome to Insider Finance. If this was forwarded to you, $4. Plus, download Insider's app for news on the go - $4 and $4.

On the agenda today:

• JPMorgan Chase will require all employees to wear masks - $4
• The SEC has approved Nasdaq's $4
• Evercore's offer letters for 2022 analysts $4

Let's get started.

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JPMorgan Chase will make all US employees wear masks indoors>$4

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Masks will be required for all JPMorgan employees - even if they're vaccinated. The bank is following CDC guidance that says all people, vaccinated and unvaccinated, should mask up in places where COVID-19 is spreading. What we know about the mask mandate.>$4

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The SEC approved Nasdaq's plan for more corporate board diversity>$4

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Nasdaq's new rules require the 3,249 companies listed on its main US exchange to have at least two diverse directors, one woman and one member of an underrepresented minority group - or risk being delisted. Here are 21 female tech leaders ideal for those seats.>$4

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Evercore offer letters for 2022 analysts just went out>$4

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Evercore will pay first-year investment bankers $110,000 - and those who accept will receive a separate $15,000 start bonus within 60 days. Get the full rundown here. >$4

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Plaid agreed to settle a class-action lawsuit for $58 million>$4

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The suit, which alleges users were unaware of Plaid's role in accessing banking data for apps like Venmo, comes as financial data becomes a more of a priority for both consumers and regulators. Here are the other details of the settlement.>$4

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FactSet is helping investment banks automate their pitching process>$4

Junior bankers, rejoice: FactSet is working on a way to automate the pitching process, one of the most time-consuming parts of the job. Newly appointed Chief Product Officer Kristina Karnovsky told Insider about the company's plans.>$4

UBS is launching a team focused on winning over diverse clients>$4

UBS's global wealth management division is preparing to launch a group focused on better serving diverse investors, and has hired a private banker from JPMorgan to lead the charge. Meet her here.>$4

JPMorgan's SPAC business has been dwarfed by rivals>$4

Though ​​JPMorgan is an investment-banking powerhouse, its SPAC business is well behind peer firms - but some research analysts say that could be a good thing. Here's why "it doesn't necessarily pay to be first.">$4

Crypto and "super apps" are about to transform finance>$4

We spoke with analysts who explained why crypto and "super apps" will transform finance - and shared three stock picks that are "about to take over the world." See their top fintech stock picks and investing ideas.>$4

On our radar:

• Execs from Morgan Stanley, Mastercard, and Robinhood dished on their summer reading recommendations. From books about social media algorithms to Winston Churchill, here are their favorites.>$4
• Our reporter tried the nighttime rituals of CEOs like Bill Gates for a week. Here's how it went. >$4
• A 24-year-old VC who raised $7.6 million on his own explains how Gen Zers can launch their own venture firms. Check out his advice.>$4
• Per the Financial Times, hedge funds that exploit bond market dislocations hit $1 trillion in assets for the first time. More on that here.>$4
• The Delta variant is upending Wall Street's return to the office, Bloomberg reports. What you need to know about the return-to-office chaos.>$4
• More from Bloomberg: Companies like Goldman Sachs are trying to woo bankers with new food perks.>$4