Happy Saturday, and welcome to Insider Finance. Here’s a rundown of the must-know stories from the past week:
- Goldman Sachs is fast-tracking analyst hiring with junior bankers in short supply
- Bank of America’s top bank stock researcher is leaving the firm
- 21 key public-cloud partnerships on Wall Street
- Execs from Deutsche Bank, AllianceBernstein, and Accenture on return-to-office plans
- Rich founders look to cash out ahead of possible tax hikes
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A Goldman Sachs private wealth exec is urging rich founders to take steps to avoid any 2022 tax hikes
Goldman’s private wealth arm helps clients save on taxes by advising on estate and asset sales. Tax proposals from the Biden Administration and Democratic Senate would cost the wealthy millions.
a16z is zeroing in on the New York fintech scene with a new general-partner hire. He explains why the best minds on Wall Street are pivoting to startups.
Andreessen Horowitz is on a hiring spree, and David Haber is its latest get. Here’s how he’s thinking about fintech investing.
Wall Street firms are picking favorites in their public cloud journey. Take a look at 21 key partnerships.
Financial companies, from big banks to startups, are increasingly embracing the public cloud. Preferred partnerships are cropping up between these companies and the industry’s four main cloud providers.
Goldman Sachs is fast-tracking analyst hiring and may cut down on interview rounds as Wall Street gets desperate for junior bankers
The move comes as Wall Street is battling a shortage of junior talent. Get the full scoop here.
WATCH: Execs from Deutsche Bank, AllianceBernstein, and Accenture share return-to-office plans, from COVID-19 vaccinations to long-term hybrid models
Wall Street is beginning the return to to the office, but banks, hedge funds, and asset managers are approaching the transition in different ways.
Executives from Deutsche Bank, AllianceBernstein, and Accenture joined Insider finance reporter Reed Alexander on June 24 to explain how they’re navigating the process.
Wall Street people moves
- Top bank research analyst Erika Najarian is joining UBS, leaving Bank of America after more than a decade
- Goldman Sachs hired a top internet-research analyst away from UBS
- Read our full roundup here.
More stories readers loved this week
- Truist’s new investment-banking head says he’s adopting a “mindset of disruption” to take on Wall Street’s elite
- From “vanilla” skirt suits to “too-tight” shirts: Female lawyers describe how it’s impossible to win when it comes to professional dress codes
- Northwestern Mutual quietly built a $220 billion wealth business. Now it’s eyeing its next big hiring push.
- Blackstone’s Steve Schwarzman celebrated the PE giant’s stock hitting $100 with a congratulatory note to staff
- Raymond James is staffing up with healthcare bankers