Business Insider logo The words "Business Insider".
Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

Premium Finance 2020-07-28T17:32:00Z
Sandeep Mathrani

WeWork is tapping big brokerage firms to help it fill space it gobbled up in NYC and Los Angeles. It shows how troubled the office market is.

Faced with large vacancies in its sprawling portfolio of office space across the country, WeWork has hired major brokerages to help it fill millions of square feet of space.
Premium Finance 2020-07-28T16:34:38Z

Meet 9 top recruiters financial advisers should know as remote work sparks a wave of moves across the industry

Recruiters for financial advisers have been busy. Very busy. Business Insider has identified some prolific recruiters in the wealth management arena.
Premium Finance 2020-07-28T13:03:00Z
Anthony Scaramucci 1

Anthony Scaramucci's flagship fund is getting hit with a huge wave of redemptions. He explained why investors are pulling up to $900 million and where he's finding new money.

About a quarter of investors in Anthony Scaramucci's flagship fund asked for their money back in recent weeks, the SkyBridge Capital founder said.
Finance 2020-07-29T12:00:00Z

THE GLOBAL SMB NEOBANKS REPORT: How 17 upstarts are tailoring solutions to tap the $850 billion annual opportunity in addressing the unmet needs of SMBs

In a new 2020 report, Business Insider Intelligence explores the key factors driving an explosion of neobank activity in the small business segment.
Markets 2020-07-29T11:18:19Z

10 things you need to know before the opening bell

This is what traders are talking about.
Markets 2020-07-29T11:09:00Z

Kodak surged 200% to a 30-month high after securing a $765 million government loan to make drug ingredients

President Trump described the agreement with the camera company as "one of the most important deals in the history of US pharmaceutical industries."
Finance 2020-07-29T09:00:00Z

A look at the global fintech landscape and how countries are embracing digital disruption in financial services

With large banks and agile startups both competing to get a piece of the rapidly growing fintech industry, new fintech hubs are sprouting in cities across the world. See how the landscape has evolved and where it's likely to go.
Markets 2020-07-29T08:42:42Z

Barclays profits plunge 66% for the first half of 2020 as it sets aside $4.7 billion to brace for pandemic pain

Profits attributable to shareholders dropped to $899 million in the first half, down from $2.6 billion last year.
Markets 2020-07-29T08:27:55Z

Deutsche Bank slashes its 2nd-quarter losses as investment-banking revenues surge 46%

The German banking giant's stock price rose more than 1% on Wednesday as investors cheered its progress.
Finance 2020-07-29T06:04:00Z

ACCOUNTS PAYABLE AUTOMATION: The multitrillion-dollar accounts payable market is finally digitizing — here's how payments providers can grab a piece of it

This report breaks down analog and digital processes at all three stages of an accounts payable transaction, evaluating barriers toward digitization.
Finance 2020-07-29T05:03:00Z

Why are Apple Pay, Starbucks' app, and Samsung Pay so much more successful than other wallet providers?

A new report from BI Intelligence addresses how in-store mobile payments volume will grow through 2021, why that’s below past expectations, and what successful cases can teach other players in the space.
Premium Tech 2020-07-28T23:52:37Z

Amazon said it would spend all $4 billion of its Q2 profits on COVID-19 responses. Wall Street still expects a profitable quarter.

Wall Street expects Amazon to report a profitable quarter, backed by strong COVID-driven sales and faster growth in high-margin businesses.
Finance 2020-07-28T23:03:00Z

THE MONETIZATION OF OPEN BANKING: How legacy institutions can use open banking to develop new revenue streams, reach more customers, and avoid losing out to neobanks and fintechs

Business Insider Intelligence identifies various open banking monetization strategies and outlines actionable steps to make them successful.
Premium Tech 2020-07-28T22:40:00Z

Millions of Americans now find their bank branches closed and their paychecks gone. A new generation of VCs is looking to back financial technology startups that help

Business Insider spoke with 25 young investors who are looking to back startups addressing many of the problems that surfaced in the last 6 months.
Finance 2020-07-28T22:03:00Z

THE PAYMENTS ECOSYSTEM: The biggest shifts and trends driving short- and long-term growth and shaping the future of the industry

In this report, Business Insider Intelligence examines the payments ecosystem today, its growth drivers, and where the industry is headed.
Military & Defense 2020-07-28T21:01:18Z

Republican lawmakers are trying to include $30 billion for military projects in the new COVID-19 emergency package

The bill, which is an acronym for "Health, Economic Assistance, Liability protection, and Schools," would pay for America's jets.
Finance 2020-07-28T19:04:00Z

These are the winning strategies for AI in banking

Download this FREE report to read Business Insider Intelligence's analysis of effective strategies to capture AI's potential in banking.
Premium Finance 2020-07-28T18:57:13Z

4 Schulte Roth partners who rep lenders like Cerberus and Sixth Street Partners are moving to Proskauer after a dispute over firm leadership

A four-partner group from Schulte Roth is leaving the firm, potentially taking millions in business with them.
Markets 2020-07-28T18:23:00Z

Here are the 13 best Twitter accounts to follow for technical stock market analysis

Today more than ever, technical analysts are sharing invaluable charts and insights with the Twitter community.
Finance 2020-07-28T18:04:00Z

These 5 banks offer the most sought-after mobile features in the US

Business Insider Intelligence's Mobile Banking Competitive Edge Study ranks banks according to strength of their mobile offerings.
Finance 2020-07-28T17:38:51Z

RBC is running a virtual summer camp to keep bankers' and traders' kids entertained, with MDs to analysts pitching in leading coding workshops and sing-alongs

RBC Capital Markets is rolling out a Kids Club, a new virtual summer camp-inspired program to keep employees' kids occupied this summer.
Premium Finance 2020-07-28T16:15:47Z

How top law firm Mintz is using AI to help reduce costs for clients and alleviate work for associates

Managing director John Koss offers insight into Mintz Levin's new e-data consulting group, which uses AI to streamline casework across practices.
Finance 2020-07-28T16:00:00Z

This is the 19-slide pitch deck two 22-year-olds used to nab $57 million in funding from Silicon Valley

BI Prime received Brex's permission to offer a look into the startup's full 19-slide pitch deck from its Series B funding round.
Finance 2020-07-28T14:44:00Z

US neobank Dave was hit with a data breach earlier this week

US neobank Dave was hit with a security breach earlier this week, where a malicious party reportedly gained unauthorized access to certain user data.
Finance 2020-07-28T13:53:00Z

A drive-in Hamptons concert where the Chainsmokers played and Goldman Sachs' CEO DJed is under fire for drawing crowds that weren't social distancing

Goldman Sachs CEO David Solomon hit the turntable in the Hamptons on Saturday, dropping some beats as the opening act for the Chainsmokers.
Premium Finance 2020-07-28T13:37:00Z

Republicans just revealed their student-loan plan, and it means millions of people could have to start making payments again

People who aren't making money wouldn't have to pay down their student loans under the GOP plan.
Premium Finance 2020-07-28T13:17:00Z

Billionaire Ray Dalio's Bridgewater is having a really bad year. Inside the layoffs, lawsuits, and double-digit losses at the world's largest hedge fund.

Bridgewater's Pure Alpha is still down double-digits for the year, and Ray Dalio's firm is facing a lawsuit from former co-CEO Eileen Murray.
Finance 2020-07-28T13:16:00Z

WeWork is looking to pull off a huge turnaround. Here's the latest on key enterprise deals at the coworking giant.

WeWork has been looking to turn itself around. Here's the latest on job cuts, legal battles, landlord negotiations, and enterprise clients.
Finance 2020-07-28T13:13:00Z

We've been tracking big hires and exits across Wall Street. Here's a look at this year's must-know people moves.

Hires over the last few months reflect where banks, hedge funds, and other financial firms think the opportunities will lie in the near term.
Finance 2020-07-28T12:59:00Z

Amex adjusted its reward offerings to bounce back from the drop in travel and entertainment spending

Amex is changing its rewards strategy –– hoping to bounce back faster than other issuers from the drop in spending on travel and entertainment.
Premium Finance 2020-07-28T12:40:00Z

Charles Schwab expects to shutter branches when its TD Ameritrade deal goes through. Here's exactly where they have the most overlap.

Schwab execs have flagged "geographic footprint rationalization" and "workforce overlap" as ways to find billions in cost savings from the mega-deal.
Finance 2020-07-28T12:40:00Z

Amazon is launching car and bike insurance in India

Amazon's car and bike insurance in India will likely perform well due to the underserved insurance market and high interest in insurance offerings.
Premium Finance 2020-07-28T12:37:00Z

Billionaire Ken Griffin's Citadel has a sprawling alumni network of more than 80 hedge funds. Take a look at our exclusive list.

Citadel was modeled after Goldman Sachs' analyst program. And just like Goldman, when employees leave the fund, they have a leg up in the industry.
Markets 2020-07-28T11:28:24Z

10 things you need to know before the opening bell

This is what traders are talking about.
Finance 2020-07-28T11:27:00Z

From warehouses to office space, real-estate markets are getting turned upside down. Here's a look at key trends and must-know deals.

Flex-office firms are struggling, and companies are rethinking leases for offices. Meanwhile, demand for warehouse space is emerging as a bright spot.
Markets 2020-07-28T11:04:03Z

Goldman Sachs says gold will surge another 20% and hit $2,300 in the next year, driven by rock-bottom interest rates

The bank previously projected that the safe-haven metal would touch $2,000 an ounce in the next 12 months.
Markets 2020-07-28T09:29:18Z

The US Mint is slowing down how many gold coins it makes because of the coronavirus pandemic

To avoid chances of employees contracting COVID-19, the bureau decided to slow production as a safety measure.
Markets 2020-07-28T08:55:00Z

Warren Buffett pumps another $400 million into Bank of America, boosting his stock purchases to $1.2 billion in 8 days

The famed investor and Berkshire Hathaway CEO bought about 16 million shares, raising his stake to 11.5%.
Finance 2020-07-27T21:03:25Z

Goldman Sachs just overhauled how it does performance reviews, and 10% of staff will get rated underperformers each year

Goldman Sachs is introducing a new performance ranking distribution that will be applied at the end of 2020, and more regular performance check ins.
Finance 2020-07-27T21:01:00Z

Meet 2019's Rising Stars of Wall Street from firms like Goldman Sachs, Blackstone, and Apollo shaking up investing, trading, and dealmaking

From starting a hedge fund before 30 to running alternative-data shops and helping lead $27 billion investments, this group is in a league of its own.
Premium Finance 2020-07-27T19:22:31Z

Meet 9 legal tech startups that top VCs say are poised to take off as law firms look to cut costs and boost productivity

Investments in legal tech startups have steadily increased as law firms, in-house general counsel, and clients seek greater efficiency.
Premium Healthcare 2020-07-27T16:43:00Z

The 21 billion-dollar startups to watch that are revolutionizing healthcare in 2020

These are the top-valued private biotech and healthcare companies, according to PitchBook, CB Insights and our reporting.
Premium Finance 2020-07-27T15:46:00Z

POWER PLAYERS: Meet the 8 PayPal execs shaping the payment giant's future as its stock skyrockets and e-commerce surges

PayPal is set to report second-quarter earnings on July 29. Here's a look at top executives who have been steering the payment giant's growth.
Premium Finance 2020-07-27T14:46:00Z

Apollo is revamping recruiting and trying to soften its culture amid a big growth push. From MBA summer internships to kids' story time, here's a look.

Apollo hired its head of talent from BlackRock last year to help usher in changes to ensure the firm recruits and retains the best and brightest.
Finance 2020-07-27T14:16:00Z

What's driving an exodus at Deutsche Bank's vaunted credit desk

This week's top stories: Bank of America and Deutsche Bank traders, WeWork vacancies, Neiman's Hudson Yards exit, profile of Goldman Sachs' Ram Sundaram.
Markets 2020-07-27T14:03:59Z

Deutsche Bank says it will no longer invest in fracking or Arctic oil as banks turn away from fossil fuels

The bank is cutting ties with fracking projects in countries with short water supply, and aims to end business activities in coal mining by 2025.
Markets 2020-07-27T13:59:00Z

Warren Buffett may not be the 'kindly grandfather' figure he presents to the public, Elon Musk says

The billionaire investor and Berkshire Hathaway chief's benevolent public image might be "overstating the case," the Tesla boss said.
Premium Finance 2020-07-27T13:46:00Z

Top law firms like Kirkland & Ellis and Jones Day have delayed their first-year associate classes. Here's everything we know about new start dates, pay, and benefits so far.

Many major law firms have deferred their incoming first-year classes amid the coronavirus pandemic. This is what they're doing with their start dates.
Premium Finance 2020-07-27T13:40:00Z

Real estate developers are building costly cold storage space before they even have tenants. They're betting the risky move could be a winning investment as grocery delivery booms.

Cold storage was once an obscure segment dominated by specialized players. Investors are now piling in as legacy spaces age out and demand surges.
Premium Finance 2020-07-27T13:40:00Z

Greg Fleming's $43 billion Rockefeller Capital has hired 19 adviser teams from top wealth firms in 7 months. Execs lay out where it's focused next.

The stock market's volatility and the challenges with remote work have put the firm to the test, but it's hired 19 adviser teams so far this year.
Loading Something is loading.
View more