I took the personality test Ray Dalio helped design and uses at Bridgewater. The results were mortifying.

Summary List Placement Taking a personality test — a quiz in which every single question revolves around you and purportedly tells you everything you need to know about yourself — may be the ultimate exercise in narcissism. Don’t get me wrong. I am not above navel-gazing now and then. Personality tests are fun. And even […]

[FREE SLIDE DECK] Accelerator Snapshot: Wells Fargo

Summary List Placement A number of major banks have launched fintech accelerator programs in recent years, likely in response to the need to introduce new digital financial services. In accelerator programs, banks provide startups with access to mentorship, development resources, and sometimes funding opportunities. In return, banks can leverage the innovative solutions that fintech startups […]

Insider finance: Automation threatens bond bankers

Summary List Placement Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: Banks are automating the process of selling new bonds, potentially putting jobs at risk.  The new battlefield for talent wars? Equity derivatives traders. BlackRock is staffing up with new ESG executives. If you’re not yet […]

Citi plans to launch crypto trading services after a boom in client interest in digital currencies, report says

Summary List Placement Citi could be the next major bank to enter the digital currency market after surging client interest, the Financial Times reported on Friday. With Goldman Sachs and JPMorgan warming up to cryptocurrencies, other large investment banks are having to look at making them more accessible to the public. Itay Tuchman, Citi’s global […]

Jack Dorsey’s Square reports Q1 bitcoin revenue grew 1,000% to $3.5 billion — and is the 3rd-largest corporate holder of the cryptocurrency

Summary List Placement Square reported first-quarter earnings that beat analyst estimates on Thursday, powered by surging demand for bitcoin. Quarterly revenue from bitcoin grew eleven times to $3.5 billion, from $306 million a year ago, the company said in a shareholder letter. But gross profit from these transactions were only $75 million, or about 2% […]

The founder of $5 billion healthy snack company Kind on how to build a culture of empathy without losing your competitive edge

Summary List Placement Daniel Lubetzky, founder and executive chairman of snack company Kind, guest judge on “Shark Tank,” and founder of multiple foundations and nonprofits, grew up with empathy in his blood. The child of a Holocaust survivor and Jewish immigrant to Mexico, his parents taught him the importance of deeply caring about other people […]

3 women leaders share their experiences in the male-dominated cryptocurrency industry and what its future looks like for women

Summary List Placement Just like the startup boom in Silicon Valley during the early 2000’s, jumping into a career in crypto is not for everyone. It requires a lot of commitment and time. The best reason to pivot your career to crypto full-time is because you are passionate about what can be achieved.  The three […]

Leaders reveal why they’ve decided to forgo a hybrid workplace in favor of staying remote, and how it’s helped them diversify talent and boost productivity

Summary List Placement The headquarters of peer-to-peer boat rental company Boatsetter was a 6,000-square-foot open-floor plan space on the New River in Fort Lauderdale, Florida. When the pandemic hit, Boatsetter gave up its lease and moved to a completely virtual workforce, a move that’s provided unexpected benefits for the company, Founder and CEO Jaclyn Baumgarten […]

Banning political talk at work — like Basecamp and Coinbase have done — alienates employees and discourages inclusion

Summary List Placement In the wake of mass shootings, an insurrection, restrictive voting laws, and George Floyd’s murder, CEOs are increasingly facing pressure to speak out on social and political issues and facilitate conversations with employees on such topics. But in an attempt to steer clear of hot-button issues, some business leaders are moving away […]

BlackRock just hired a climate scientist from the World Wildlife Fund in a top research role according to a memo naming new ESG executives (BLK)

Summary List Placement BlackRock is continuing to double down on sustainability as it expands its environmental, social, and corporate governance-centric (ESG) leadership. The world’s largest money manager has hired a climate scientist from the World Wildlife Fund into a top sustainability research position and appointed a new COO for its sustainability-focused division, according to a […]

Here’s where Americans are moving to and from

Summary List Placement Americans were moving during the pandemic, even if at least temporarily, and new data from the Census Bureau shows just how many counties saw more Americans moving in than those moving out to somewhere else in the US.    One Zillow survey released last month found 11% of Americans moved during the […]

$9 billion cybersecurity firm Tanium just announced its new CFO as it assesses whether it’s ready to IPO

Summary List Placement The $9 billion cybersecurity startup Tanium has announced its new chief financial officer. Tanium said Thursday that it has appointed Marc Levine as its new CFO to lead its global finance organization and other finance-related operations, effective May 17. Most recently, Levine served as CFO of RSA security where he helped the […]

A former analyst at $200 million distress investing fund Foxhill Capital sues firm after claiming he was fired for whistleblowing on alleged insider trading

Summary List Placement Foxhill Capital founder Neil Weiner has been accused by his former analyst Joshua Nahas of insider trading in a new lawsuit filed in a New Jersey district court. Nahas, according to the suit, was fired by Weiner after making an internal whistleblower complaint. He is suing for breach of contract and a […]

A talent war has broken out for equity derivatives traders at Wall Street’s top investment banks — here are the latest moves

Summary List Placement Equity derivatives traders have become one of Wall Street’s hottest commodities.  Following record trading hauls in 2020 — thanks in part to market shocks from the pandemic that amped up volatility throughout the year — derivatives traders at top investment banks have seen their market value soar, and many have seized the […]