JPMorgan Chase – Here Are the Top Finance Stories of the Day for May 14
Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:
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The crypto talent war is heating up as big money managers warm to digital assets
Recruiters are seeing an uptick in searches for crypto roles as legacy firms start wading into the space.
Here’s a look at Wall Street’s latest talent war.
JPMorgan Chase execs detail how the bank’s Columbus, Ohio, hub is a critical piece of its tech strategy, including everything from digital banking to the public cloud
The bank has more than 19,000 employees in Columbus, Ohio, where much of its tech work — from
to cloud deposit engineering — is hosted. We spoke with two execs, who told us about the future of Columbus and tech at JPMorgan.
Blue Owl, the result of the Dyal-Owl Rock SPAC merger, is targeting tech deals. Its president talks how private lending is key to growing the $51 billion tie-up.
Marc Lipschultz, co-founder of alternative asset manager Owl Rock Capital, details what the future holds for Blue Owl, the product of a Owl Rock-Dyal Capital
merger. Here’s what he said.
Portland Trail Blazers’ CJ McCollum is part of a new generation of athletes taking a shot at becoming smart investors. The N(BA) star told us how he makes his bets and who he calls for advice.
29-year-old McCollum is already preparing for a life after the N(BA) with a wide range of investments, and gave us an inside look at his investing strategy and famous mentors. Take a peek at his strategy.
JPMorgan just released new carbon-reduction targets for clients in the auto, power, and oil & gas sectors
The bank’s new carbon-reduction targets will align with the Paris Agreement. More on JPMorgan’s big climate push.
Public.com is offering up SPAC-specific data to users. The $1.2 billion fintech’s COO explains why it’s trying to simplify complex blank-check deals for investors.
The personal finance app is launching a new feature to detail key information about SPACs. Stephen Sikes, Public’s COO, explains the thinking behind the feature.
JPMorgan Chase, Wells Fargo, and several other banks plan to offer credit cards to people with no credit score, report says
Major banks are planning to take part in a government-backed plan to help people with no credit scores get credit cards. Here’s how it would work.
A Citigroup senior banker offered details on a new group focused on helping clients transition to sustainable energy
Sandip Sen, a managing director at Citigroup, shared more details with Insider about the new subdivision. Learn more here.
Fed privately presses big banks on risks from climate change (Reuters)
Biden could be the most pro-labor president in decades. These 80 government power players will take a major role in shaping policy during his administration. (Insider)