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CEOs Describe How They Attract Candidates Into Battle For Dealmaker Talent
Samantha Lee / Insider
In a race for talent, boutique banks are struggling to recruit senior and junior negotiators. CEOs of Moelis, Evercore, PJT Partners and Lazard discussed the war for negotiating skills – and how they stay competitive. Here is what they said.
Hedge funds are alerted to the risks of investing in China
Jie Zhao / Getty Images
Hedge funds with large positions in Chinese companies will likely be cautious after the regulatory environment rocked the markets over the past week. A geopolitical analyst told us that while funds have often underestimated the risks of investing in China, they may now realize that it is a risky bet. More on that here.
Wall Street and Silicon Valley looking for “FinOps” professionals
FABRICE COFFRINI / AFP via Getty Images
The amount of money companies are spending in the cloud is higher than ever, paving the way for a search for workers – in this case, FinOps – who can help them keep their spending in check. Here’s why banks, retailers, and pharmaceutical companies are increasingly looking for cloud finance experts.
The rich and Wall Street ruined the housing market for everyone
Wang Ying / Xinhua / Getty
The housing market convulsions of 2020 and 2021 resulted in a new and lastingly higher floor for house prices. Home buyers have to thank wealthy Americans, Wall Street and Millennials.
How free trading will help Citi compete with Robinhood and Merrill Lynch
Spencer Platt / Getty Images
Citi is launching its no-fee trading offering, called Citi Self Invest, with the aim of attracting new traders while serving its own high net worth clients. We spoke with David Poole, who leads Citi’s consumer goods management business in the United States, who told us about his plans to attract casual traders and serve high net worth clients.
Famous short seller Carson Block lost money on bet on Chinese stocks Gaotu Techedu
Rick Wilking / Reuters
After Gaotu and other leading Chinese stocks plunged in the crackdown on China’s IPO, Block called it “the worst stock ever” for his company. Why Block’s short film on the online education company was “just brutal.”
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