In a rebuke to remote work - and in an attempt to lure employees back with posh amenities like soaring views and filtered air - high-flying financial players are expanding their New York offices. As the rest of corporate America grapples with how and when to bring employees back to the office, these financial firms are expanding - no matter the cost.
During the second quarter of 2021, Klarman's Baupost Group trimmed its stake in one high-profile SPAC: Bill Ackman's Pershing Square Tontine Holdings. More on that here.
Some senior bankers are opting for flexible-work policies over big paychecks - and many at the managing-director level and above won't even consider new roles if they're based in the office full time. Experts explain why it's no longer all about the money.
Big 3 consulting firms - McKinsey, Bain & Co., and the Boston Consulting Group (BCG) - have already begun their summer 2022 internship recruitment process, and deadlines are whizzing by. Insiders say it's a way to compete with investment banks in luring the best talent, but some say the expedited timeline could be detrimental.
Just weeks after Amazon posted a similar job offering, Walmart announced it's on the hunt for a senior director to lead its digital currency strategy. The increase in crypto-related job postings points to retailers' expanded interest in the potential benefits of crypto. Here's what Walmart is looking for in a crypto lead.
Retailers aren't the only ones exploring cryptocurrency. A fifth of hedge funds are now investing in digital assets, and funds like Point72 are looking for talent to help them understand and invest in the asset class - and the war for crypto talent is heating up as a result.
Andreessen Horowitz is beefing up its New York operations to fight threats from rival firms. Here's what you need to know.
The WSJ reports that State Street, the firm behind the statue of Wall Street's "Fearless Girl," is vacating its NYC offices. Why it's ditching its Midtown offices.
Hedge funds want their SPAC money back, Bloomberg reports. More on that here.
China's crypto cowboys are fleeing to Texas, per Rest of World. Here's why.
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