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Goldman Sachs partner Adam Dell has stepped down from his role running Marcus as the bank prepares for a massive transformation in its consumer business
Adam Dell, a Goldman Sachs partner and head of digital product for its consumer business, has stepped down from his role.
We got some insight from Dell about leaving Goldman, and what could be next for him.
GameStop-ravaged Melvin Capital has an unlikely investor – the partners at the Silicon Valley VC Sequoia Capital that backs retail-trading app Robinhood
Get a peak inside Sequoia, a fund that backs both Robinhood and Melvin Capital. Read more here.
Ken Griffin has been at the center of the GameStop frenzy as a result of his two independent companies, Citadel and Citadel Securities, playing a key role in things. See more here.
Visa just launched a pilot program to help fintechs offer crypto trading, and its first partner is a digital bank focused on the Black community
Visa is pushing deeper into the crypto space and it’s working with First Boulevard, a digital-only bank with a goal of increasing financial empowerment in the Black community, on its pilot program. Get the full rundown here.
Another tech company is going public via a SPAC. Hear from Scott Galit, Payoneer’s CEO, about the decision. Find out more here.
Morgan Stanley just named a new operating chief for its tech and operations division, highlighting the group’s rising internal profile
Morgan Stanley has a new promotion in its tech, operations, and firm resilience division. Get the rundown on Peter Akwaboah’s new role. Read more here.
Deutsche Bank just poached a semiconductors dealmaker from Citi, adding to a string of hires in tech investment banking
Deutsche Bank is bringing longtime semiconductor dealmaker Mark Garcia onto its team. See more here.
Read the full memos Goldman Sachs just sent naming Susie Scher as chairman of its global financing group, plus other changes in investment-banking leadership
Some leadership changes within Goldman’s investment bank. Find out who moved where, and check out the full memo on the news. See more here.
A fintech aimed at streamlining how student loans are paid off just raised a $5 million seed round led by Bain Capital Ventures
This fintech is trying to make is easier for companies to build out ways to pay off student debt. Read more here.
Swedish fintech firm Klarna is making its Super Bowl debut to stand out from rivals like Affirm and PayPal (BI)
Citi’s incoming CEO Jane Fraser forms new operating team to build leadership accountability (BI)