Early news out of Pfizer about a successful phase-three trial for its COVID-19 vaccine led US stocks to reach record highs.
If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.
We're also launching a new newsletter — 10 things in Politics You Need to Know Today — later this month. Sign up here.
Like the newsletter? Hate the newsletter? Feel free to drop me a line at [email protected] or on Twitter @DanDeFrancesco.
Family offices, wealth managers for the world's richest people, are ramping up hiring efforts.
Rebecca Ungarino took a look at the key people tasked with recruiting fresh talent into these secretive firms.
Check out the top headhunters for family offices.
Click here to read the entire story.
Blackstone just rebranded its $135 billion credit arm to erase the initials of the unit's founders
Casey Sullivan with a nice scoop on a change in branding for Blackstone's credit division. Name changes aren't usually all that interesting, but this one has a bit of a back story, which Casey provides. Read the full story here.
Goldman's CFO said he's feeling a 'much greater degree of confidence' about plans to move employees to lower-cost hubs
Goldman Sachs is pushing forward with plans to move a good chunk of employees and businesses to lower-cost cities, according to comments from its CFO on Monday. Reed Alexander has the full recap of comments from Stephen Scherr, Goldman Sachs' CFO. Read more here.
Here's our exclusive org chart for Bank of America's stock-trading group after months of shakeups.
Lots of recent changes have occured within Bank of America's global banking and markets businesses. It's worth revisiting the updated org chart created by Alex Morrell and Shayanne Gal. Check it out here.
Biden taps Gensler to work on Wall Street oversight review – source (Reuters)
Elite litigation firm Boies Schiller is looking to sublet its glitzy NYC office after a firm-wide restructuring and attorney exits (BI)
SoftBank removes Rajeev Misra and Marcelo Claure from board (FT)
America's parking lots are sitting empty, and REEF Technology is ready to cash in by turning them into ghost kitchens and shipping hubs (BI)
Supreme Streetwear Brand Sold to VF in $2.1 Billion Deal (WSJ)
Learn more about the financial services industry.
Source: Read Full Article