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Top finance news: JPMorgan poaches Marcus exec, Morgan Stanley reveals Archegos hit, Carlyle power players, and Houlihan Lokey vacations.
Hello, readers! Happy Saturday, and welcome to Insider Finance. Here's a rundown of the must-know stories from the past week: Moving season is in full swing on Wall Street. Here's what 8 headhunters are seeing. Roblox CEO Dave Baszucki told us why he found a direct listing the most "authentic" way to go public. Goldman Sachs tells summer interns it's hoping to provide some in-office experiences this year. Truist execs map out the bank's hybrid-cloud approach and new roboadvisor. If this email was forwarded to you, sign up here to get your daily dose of the stories dominating banking, bus...
Samantha Lee/Business Insider Bank of America has promoted Laura Chepucavage to help lead the firm's sales and trading division under new head Jim DeMare. DeMare, who was promoted to president of the firm's global markets division last July, added Chepucavage to his leadership team as head of global financing and futures, according to an internal memo seen by Insider. MUFG has filled another senior role in its junk-bond finance roster as it continues its quest to win more of the US market. The bank has hired Ryan Munro as its head of leveraged finance syn...
TIAA named Thasunda Brown Duckett as its next president and CEO. She will join the firm on May 1 from her current employer, JPMorgan Chase, where she has served as CEO of Chase Consumer Banking. At TIAA, Duckett will succeed Roger Ferguson, who is departing the firm after 13 years as chief executive. JPMorgan co-president and COO Gordon Smith said in an internal memo that, in the meantime, leadership of the consumer bank will report in to him and that the firm will announce plans around succession shortly. Maverick Capital executive Andrew Warford is leaving the $9 billion hedge ...
Top Wall Street stories including Goldman earnings, and update on Merrill Lynch's trainee program, and. a rundown of Carlyle credit power players.