Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:
- JPMorgan is raising base compensation for first-year analysts to $100,000.
- Inside how Citizens Bank created a big boost in tech development thanks to an AWS partnership and a new strategy.
- Embedded finance is gaining momentum as customers want slick, easy-to-use interfaces, but the trend comes with risks to users.
- We mapped out all the roles at newly public or soon-to-be-public companies.
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.
JPMorgan is raising base pay for first-year analysts to $100,000, as the biggest US bank finally jumps in on the pay-bump frenzy
The pay increase comes months after many Wall Street firms showered junior talent with bonuses. Here’s what we know about the raise.
Citizens Bank CEO Bruce Van Saun told Insider how the bank has been able to plow efficiency gains back into tech spending.
IPO activity hit a record high in the first half of 2021. As companies go public, they are hiring talent in investor-relations and legal roles. We compiled a list of roles at newly public or soon-to-be-public companies, which you can check out here.
Anastasia Amoroso, a longtime JPMorgan investment strategist, is joining iCapital. More on her move here.
From ride-share apps and barbershops to the music industry, use of embedded finance is on the rise. Here are some of the pros and cons of fintech’s hottest new topic.
Blackstone’s ESG head, Christine Anderson, broke down the firm’s ESG growth and hiring plans. Find out more here.