Goldman’s wealth hiring blitz — Fannie Mae shakeup — WarnerMedia’s HQ could shrink

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The last of the big US banks — Morgan Stanley — reports earnings today. We recently wrote about the big year its credit desk is having. 

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Goldman’s wealth plans

Here’s the latest installment in Goldman Sach’s push to become your friendly neighborhood bank. 

Rebecca Ungarino and Dakin Campbell sat down with Joe Duran, the CEO of Goldman Sachs Personal Financial Management, about future plans for the business.

In short, the wealth management division is looking to do a ton of hiring, in addition to expanding its footprint with new offices. 

Click here to read the entire story.

Mortgage giant Fannie Mae is shaking up leadership in its largest business, with 2 top execs leaving

Nice scoop from Rebecca Ungarino, Alex Morrell, and Sean Czarnecki about a shuffle in leadership at Fannie Mae. Read about two senior executives that have recently departed the US government-controlled mortgage giant. Click here to read more. 

EXCLUSIVE: AT&T is putting WarnerMedia’s huge NYC headquarters under review and could decide to cut hundreds of thousands of square feet of office space

Commercial real estate in New York takes another hit. Here’s a nice scoop from Daniel Geiger about AT&T reviewing WarnerMedia’s huge office space in Hudson Yards. Click here for the full story.

  Big Law is going through a huge transformation: here's the latest news on pay, hiring, and career prospects

Private-equity hiring is set to rebound in 2021, with firms looking to add investment pros to handle a jump in dealmaking

about what to expect here. 

Per-diem attorneys could make $200,000 a year from freelance lawyer gigs. But as work has vanished, they’ve become Instagram cooks, motivational speakers, and reiki coaches.


Odd lots:

A Latin American short-term rental startup just raised $48 million in a Series A led by a16z. Here’s the deck it uses to pitch institutional landlords it looks to partner with. (BI)

The world’s largest digital currency asset manager took in $1 billion in new investment in the third quarter. Here’s why investors are feeling so bullish about bitcoin and ethereum. (BI)

A portfolio manager at $20 billion Lone Pine says value investing is alive and well with a new class of company leading the way — and explains why hyper-growth firms like Facebook now fit the bill (BI)

8 consulting firms where MBA students can earn more than $30,000 during their internships (BI)

Robinhood Considers Making Customer Trading Data Public Again (Bloomberg)

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Source:: Businessinsider – Finance


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