JPMorgan's Dimon preaches patience — Ex-Coatue MD to launch new fund — Election fallout continues

JPMorgan's Dimon preaches patience — Ex-Coatue MD to launch new fund — Election fallout continues
A trader looks up at stock prices as he works on the main trading floor of the New York Stock Exchange early in the trading session, November 10, 2008.Mike Segar/Reuters

Still trying to make heads or tails of the election? Click here to get the full rundown on all the races.

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's Dimon: 'patience and fortitude'

79061718

As George Michael said, sometimes you gotta have faith.

Jamie Dimon, JPMorgan's CEO, had a similar message to his staff in a memo seen by Rebecca Ungarino.
Advertisement

In short, Dimon told employees at the bank to "have faith in our electoral and judicial systems."

Click here to read the entire memo.

A rising star from billionaire Philippe Laffont's Coatue is starting his own hedge fund

79061722
Advertisement

Nice scoop from Bradley Saacks about a former managing director at Coatue looking to go out on his own. Read more about the new fund, which has at least $300 million in commitments from investors already. Click here for the full story.

In leaked email, Knotel CEO lays out how the troubled office company will rethink office spaces

79061725

Speaking of emails, Meghan Morris has the scoop from an email sent by Knotel's CEO about the company cutting its real estate footprint. Get the full rundown on the flex-space company. Click here for the story.
Advertisement

Odd lots:

BP, Stricken by Low Oil Prices and High Debt, to Sell London Headquarters (WSJ)

Bankers Reel as Ant IPO Collapse Risks $400 Million Payday (Bloomberg)

{{}}