Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today: 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. Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco. Launching a hedge fund has become more difficult as the price of technology, data, and talent rises. We spoke with more than a dozen industry experts, and compiled a list of people to know to get a hedge fund off the ground. This is who you need to know. Analysts at Goldman Sachs first raised issues to their bosses over the problems that can arise from working remote a year ago. Get the full rundown here. Former Goldman Sachs partner Sumit Rajpal is starting his own investment firm, and some of his former colleagues aren't happy. Find out why. Black's departure from the investment firm comes sooner than expected. In January, Apollo said Black would step down as CEO in July (but remain chairman) following an independent investigation into his relationship with the disgraced financier. Everything we know about his departure. Revolut, Europe's largest challenger bank, is looking to make inroads in the US. It just announced the official launch of business-banking accounts. Here's what you need to know. BofA analysts are questioning whether DeFi could potentially be more disruptive than bitcoin. They believe DeFi could be a radical challenge to modern finance, but it still has a long way to go. These are the five reasons why. From buy now, pay later and e-commerce to real-time payments and crypto, here are the trends experts are excited about. Watch the full webinar here. Barry Ritholtz is retiring from GoldenTree Asset Management as its general counsel. Roman Bejger, formerly of Allvue Systems, is going to replace him. Here's everything we know. Odd lots: |
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