Home > Technology > Here Are the Top Finance Stories of the Day for May 3

Here Are the Top Finance Stories of the Day for May 3

111 Views

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 [email protected] or on Twitter @DanDeFrancesco


These 10 headhunters are helping fintechs like Coinbase, Stripe, and SoFi land big hires and stand out in the startup tech talent war

top fintech recruiters4x3



Chime; Coinbase; Daversa; SoFi; Korn Ferry; Bowdoin Group; Marianne Ayala/Insider


Fintechs are increasingly relying on outside recruiting firms to attract top talent. We polled startups, venture capitalists, and industry insiders to highlight 10 of the top fintech recruiters. 

Check out the entire list.


After a year of market shocks and monster trading profits, hedge fund giants like Citadel and Millennium are raiding investment banks for volatility traders 

hedge funds versus bankers in pandemic 4x3



Phil McCarten/Reuters; Lucy Nicholson/Reuters; Erin Scott/Reuters; Michael Kovac/Getty Images; Denis Balibouse/Reuters; Samantha Lee/Insider


Buy-side trading firms have poached a slew of star derivatives traders from investment banks. Find out what’s causing the latest war for talent.


Investment banks are racing to staff up as deal work surges, and one recruiting firm has even formed a ‘SWAT team’ focused on hiring associates and VPs

The Bull of Wall Street

Wall Street’s Famous Bull


Brendan McDermid/REUTERS



Investment banks are seeking backup as they struggle to retain junior staffers. Here’s how recruiting firms are racing to help them poach talent.


Apollo’s dealmaking went into overdrive in the first quarter during a tumultuous period for the investment giant

Marc Rowan

Marc Rowan, Apollo co-founder.

Reuters


Apollo logged $17 billion in PE sales in the first quarter, Dealogic said, a firm record over the past decade. Get the full rundown here.


Fintech-focused headhunters are seeing a rush of work as startups scramble to staff up after mega rounds

digital wall street virtual remote work 3 4x3



Samantha Lee/Business Insider


Fintech recruiting is hotter than ever as startups with fresh funding look for help staffing up. Find out more here.


A new China-focused hedge fund is coming from a former Blue Ridge Capital managing director

beijing skyline



Shutterstock


Eric Wong is launching a China-focused hedge fund, sources tell Insider. Here’s what we know.


Exclusive: $4.3 billion fintech darling Marqeta is planning an IPO as early as June

Jason Gardner_Marqeta Headshot 2021

Jason Gardner, Marqeta CEO

Marqeta


Last valued at $4.3 billion, fintech startup Marqeta is going public in June, sources tell Insider. Read more here.


Must-know promotions, exits, and hires at firms like Blackstone, American Express, and Citadel

Doug Buckminster

Doug Buckminster, global president of American Express

Chris Sorensen


Blackstone hired Yifat Oron to head its new office in Tel Aviv. Citadel nabbed Dan Baranovsky, Citigroup’s North America head of equity derivatives trading. These are all the people moves you need to know across the Street.


Odd lots:

A Brawl Between Billionaire Founders at Apollo Sidelines One of Its Own (Bloomberg)

Google Cloud’s swell of big, longer-term deals are a sign that customers trust it won’t kill off its cloud products (Insider)

Donald Trump is set to share a $617 million windfall with Vornado Realty Trust, due to a property refinancing deal, reports say (Insider)

Robinhood deepens ties with JPMorgan by using bank for money transfers ahead of expected IPO (CNBC)

Wall Street Bonuses at Risk Amid New Clamor to Finish Dodd-Frank (Bloomberg)

Source link

TAGS
Hi guys, this is Kimmy, I started LicensetoBlog to help you with the latest updated news about the world with daily updates from all leading news sources. Beside, I love to write about several niches like health, business, finance, travel, automation, parenting and about other useful topics to keep you find the the original information on any particular topic. Hope you will find LicensetoBlog helpful in various ways. Keep blogging and help us grow as a community for internet lovers.