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Wall Street Daily New Wall Street Daily Paradigm Press editor, and ex-Wall Street Insider Dr. Nomi Prins shares the story of the shocking invitation she received from the Federal Reserve Bank to speak at their annual conference with the IMF and the World Bank. “I was in shock. But I was assured they knew exactly who I was and that the invitation wasn’t a mistake. I couldn’t say no. I had a chance to personally confront the Fed and give them a piece of my mind.” ....
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 fund. Warford, chairman of the firm s stock committee and de facto head of the fund, is departing after 18 years. He was tapped to head up the stock committee in 2012 and became a managing partner in 2013 as ....
SEO Career; Courtesy of Clyde Bennett; MLT; Courtesy of Jaden Woodard; Deloitte Corporate Finance; Samantha Lee/Insider The timeline to nab a summer internship on Wall Street can start as early as two years beforehand. Banks like RBC Capital Markets and BMO Capital Markets are among the first to open applications for summer analyst positions. Insiders explained how competition among firms is accelerating the start of the process. For more on battles for best talent: Here s how private-equity giant Blackstone transformed Bumble, the dating app targeting a valuation of more than $7 billion in its upcoming IPO. Bumble CEO Whitney Wolfe Herd ringing the Nasdaq opening bell wit her 1-year-old son, Bobby Lee Bo Herd II. ....
SEO Career; Courtesy of Clyde Bennett; MLT; Courtesy of Jaden Woodard; Deloitte Corporate Finance; Samantha Lee/Insider The timeline to nab a summer internship on Wall Street can start as early as two years beforehand. Banks like RBC Capital Markets and BMO Capital Markets are among the first to open applications for summer analyst positions. Insiders explained how competition among firms is accelerating the start of the process. For more on battles for best talent: Advertisement Here s how private-equity giant Blackstone transformed Bumble, the dating app targeting a valuation of more than $7 billion in its upcoming IPO. Bumble CEO Whitney Wolfe Herd ringing the Nasdaq opening bell wit her 1-year-old son, Bobby Lee Bo Herd II.Bumble ....
Finance. Here s a rundown of the must-know stories from the past week: Lee Ainslie tells investors Maverick Capital is poised to take advantage of the post-GameStop-frenzy How The inside track on the next big innovations in IPOs and direct listings Read our roundup of Wall Street power moves If this email was forwarded to you, sign up here to get your daily dose of the stories dominating banking, business, and big deals. Advertisement Generation Robinhood: How the trading app conditioned inexperienced users to obsessively play the market The app aims to make trading easy and fun for a simple reason: The more users trade, the more money Robinhood makes. The startup s business model, in fact, is based in large part on what is known as payment for order flow (PFOF) - taking the buy and sell orders that users place and selling them directly to large trading firms. ....