Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:
- Erika Najarian resigned from her role as Bank of America’s top bank researcher.
- We mapped out the list of all the key cloud partnerships across Wall Street.
- Blackstone’s Steve Schwarzman celebrated the PE giant’s stock hitting $100 with a memo.
- Evercore is taking big steps to staff up its healthcare team.
You’re invited: Join us Tuesday at 12 p.m ET for a virtual event presented by PwC, spotlighting the biggest trends CEOs will focus on in the next 12 months. Register here.
Evercore has snagged 4 healthcare bankers from Citi, including an MD, and a Goldman Sachs banker. Here’s what we know about the hires.
Top equity researcher Erika Najarian resigned this week, sources told Insider.
The major public cloud providers – AWS, Google Cloud, IBM, and Microsoft Azure – are battling it out to win over financial institutions. Here’s our running list of key cloud partnerships announced so far.
JPMorgan Chase is aiming to staff all US branches with licensed bankers who can offer investment advice by the end of the year
JPMorgan Chase is also training associate bankers to handle less transactional and more advice-based work. Here’s what we know about the plans.
In his celebratory memo, Schwarzman said “we’re seeing the public markets start to recognize the specialness of our business.” Read the full memo here.
Managing Director Katie Hyde urged anyone considering transferring assets or selling their business to act now. Here’s what else she said.
In the first half of 2021, more Canadian lawyers joined US firms than in all of 2020. More on law firms’ international search for talent.
Exchanges like Coinbase, eToro, and Blockfolio have hired ad agencies in recent months. Read more here.
Internet research analyst Eric Sheridan is moving from UBS to Goldman Sachs. More on that here.
Halé Behzadi previously served as MD and global market manager of the western region within the firm’s private-banking division. Here’s what we know about the promotion.