A crypto exec listed Goldman, Lending Club and RBC on his resume. A bankruptcy examiner claims he's a prison escapee.
James Alexander listed banks and a who's-who of fintech companies on his resume. But an investigator says he also broke out of prison 12 years ago.
JPMorgan Chase will report Q1 earnings on April 14. Here's what analysts think about wealth management, fintech competition, credit cards, and more.
Goldman Sachs is set to report Q1 earnings April 14. The firm has seen exits in its consumer division and mounting workloads on banking analysts.
The New York Stock Exchange is minting crypto art commemorating the first trades of 6 companies that recently went public
The NYSE said it minted the NFTs to commemorate several companies' very first trades, but the exchange has not put the tokens up for sale.
HYBRID ROBO-ADVISORS: Here's how incumbent wealth managers are successfully implementing the hybrid robo-advisor model
This report defines a maturity model for hybrid robo-advisors to showcase important capabilities that incumbents should take note of to find success.
We outline the four most in-demand digital money management features among Canadian respondents that banks can offer.
Billionaire Mike Novogratz recently said he expects bitcoin to overtake gold's market value as more institutional players enter the space.
Better.com raised $500 million, and consumer demand for digital mortgage application processes should entice more fintechs to add a mortgage product.
PayPal's suite of solutions include biometrics and machine learning technology to help merchants minimize the rising risk of digital fraud.
JPMorgan Chase & Co reports Q1 earnings on Wednesday. Here's the latest news on the biggest US bank.
Archegos chief Bill Hwang donated huge amounts of Amazon, Netflix, and Facebook stock to his private foundation. Those gifts would be worth $950 million today
The Grace and Mercy Foundation cashed in Hwang's gifts for $325 million, or roughly a third of their value today.
A look inside Klarna's influencer council, which the $31 billion 'buy now, pay later' giant hopes will set a standard for responsible influencer marketing
Klarna's new influencer council brings together industry experts like PrettyLittleThing's marketing director Nicki Capstick and influencer Amelia Liana.
The top finance stories for April 13, including the latest news on what to expect during JPMorgan's Q1 earnings.
Billionaire hedge-fund manager Steve Cohen just sold his New York City penthouse after 8 years and a 74% discount
The sale price was not disclosed, but the duplex penthouse was last asking $29.5 million — a 74% discount from its $115 million price tag in 2013.
Innovation Strategies at Small and Midsize FIs: How US Banks with Assets Below $100 Billion Are Punching Outside Their Weight Class on Digital User Experience
Insider Intelligence discusses the unique challenges and advantages small and midsize financial institutions face in relation to digital innovation.
What's driving IT spend growth in Canada, how it will be impacted by COVID-19, and what the new normal could look like
Insider Intelligence highlights factors and trends expected to remain significant drivers or inhibitors of Canadian banks' IT/tech spend through 2024.
The best offers from Insider Coupons
'Big Short' investor Danny Moses says meme stocks remind him of the dot-com bubble, slams the Fed, and calls out Archegos and Greensill in a new interview. Here are the 16 best quotes.
"There's really no difference between Yahoo chatrooms and Wall Street Bets and Reddit," Steve Eisman's former head trader at FrontPoint Partners said.
The 80/20 rule, also known as the Pareto Principle, is a theory that finds that, for any given situation, 80% of the effects come from 20% of the causes. It can be applied to many facets of life, but most typically used in business economics.
Key Digital Wealth Managers: How robo-advisors present an opportunity for fintechs and incumbents alike
Download this FREE report to read Insider Intelligence's analysis of key digital wealth managers demonstrating best practices for the industry.
Investor Dan Loeb's $17 billion hedge fund Third Point holds an undisclosed amount of cryptocurrencies with Coinbase
Third Point revealed in a regulatory filing in late March that five of its funds hold crypto assets under custody with Coinbase.
In this slide deck, Insider Intelligence explores the opportunities and hurdles of adopting the two technologies within financial services.
Nubank's $135 million investment could help secure market share dominance in the country, where a slew of neobanks are competing for consumers.
Addepar reached $2.5 trillion in assets, and its growth should continue as wealth transfers to younger and more tech-savvy HNWIs.
Chase unveiled the United Quest Card with a limited-time bonus mile promotion, signaling its growth ambitions as consumers warm up to traveling again.
USAA offers the most sought-after mobile banking tools among the largest US financial institutions in 2020
This report identifies the innovative mobile banking features that attract and engage users, and highlights how top FIs are deploying the features.
GameStop short-seller Melvin Capital suffered a 49% loss in the 1st-quarter after being hit by the Reddit-fanned trading frenzy
The hedge fund lost 53% in January, gained 22% in February, and then slid another 7% in March.
The top finance stories for April 12, including the latest news on the difficult March Gabe Plotkin's Melvin Capital had.
China's digital currency will be distributed using a two-tiered system to help get it into consumers' hands
The People's Republic of China has become the first major economy to create a digital currency. Real-world trials are already underway.
AI in Insurance: How three forward-looking insurers are infusing AI into their front, middle, and back offices
Insider Intelligence assesses the business impact of forward-looking insurers implementing AI in their front, middle, and back offices.
Nearly every significant leader in the business has walked out the door.
Business Insider spoke with Omer Ismail, US head of consumer digital finance for Goldman Sachs, about how the firm is disrupting retail banking.
THE PAYMENTS ECOSYSTEM: The biggest shifts and trends driving short- and long-term growth and shaping the future of the industry
In this report, Business Insider Intelligence examines the payments ecosystem today, its growth drivers, and where the industry is headed.
AI IN BANKING: How forward-looking banks are using maturing AI solutions to design both customer- and employee-facing innovations
This report identifies AI use cases transforming the way FIs operate, the business impact of those use cases, and real-world examples of each.
Goldman Sachs bankers had a busy start to the year. But analysts are already wondering how long rapid-fire dealmaking can last.
Ahead of Goldman's Q1 2021 results on April 14, we asked research analysts for predictions and what they'll be asking management on the earnings call.
Top Wall Street news: Goldman Sachs' Marcus, Jamie Dimon annual letter, raises at Bank of America, hedge-fund March performance roundup.
Must-know promotions, exits, and hires at firms like BlackRock, Citadel, Balyasny, and Goldman Sachs
Insider is tracking the industry intel you need to know. Here's a rundown of people moves from the past week at some of Wall Street's top firms.
Klarna is one of the biggest names in buy now, pay later. But cofounder Niklas Adalberth questions the consumerism at the heart of the $31 billion fintech.
"Buy now, pay later" spending has surged during the pandemic, propelling fintechs like Klarna. One of its founders doesn't think this is a good thing.
Playboy's Rachel Webber breaks down the company's NFT strategy as it launches a partnership with Nifty Gateway to showcase its 67-year art history.
Goldman Sachs is hiring up to 300 engineers in its consumer business after product sprints triggered burnout and a tech exodus
Goldman Sachs plans to hire 200 to 300 engineers for its consumer unit to fight burnout after a year of aggressive deadlines and product launches.
Richard Branson is leading a campaign to end the death penalty, along with other key business figures. The Virgin Group founder said there is an urgent need to abolish the practice.
A coalition of global business figures, led by the Virgin Group founder, is calling for capital punishment to be permanently abolished around the world
The Death of Cash report projects what the payments ecosystem will look like through 2024 by examining digital payment proliferation's driving forces.
Billionaire Lee Ainslie's Maverick Capital soared in March despite the struggles of his Tiger Cub peers
Maverick produced eye-popping numbers in the first quarter, when the firm announced that its chief stock picker, Andrew Warford, is leaving.
Gabe Plotkin's Melvin Capital, which came under siege from Wall Street Bets, took another hit in March
Melvin Capital lost big in January when a coordinated blitz of retail traders piled into one of its short positions, video-game retailer GameStop.
William Blair tells investment-banking analysts, associates, and VPs they'll receive special bonuses up to $20,000 as Wall Street's arms race to hang on to junior talent continues
The boutique Chicago investment bank said tiered bonuses for junior bankers would hit accounts as soon as the April 15 pay cycle.
Balyasny poaches a top derivatives trader from Goldman Sachs as demand for volatility traders heats up
Travis Potter is leaving Goldman's equity derivatives team for Balyasny Asset Management, which added dozens of money managers in the past year.
Canada's biggest bank is giving staff a subscription to meditation app Headspace and an extra day off
Royal Bank of Canada CEO Dave McKay said staff were more "exhausted" now that at any point during the pandemic.
Confessions of Big Law's burned-out associates: 5 current and former lawyers from firms like Cleary, Davis Polk, and Goodwin detail their nonstop daily work schedules
Big Law associates typically have long hours, but the pandemic has more of them feeling burned out. Five of them shared their stories with Insider.
Starling's collaboration with Funding Options will boost its exposure to potential borrowers, which will be key once government loan schemes end.
SoFi, headed up by a former Goldman tech banker, wants to get into actually underwriting IPOs. Here's how that could work out.
SoFi and Robinhood want to upend IPOs by competing for a slice of companies going public and, in some cases, underwriting the shares themselves.
Download a free preview of Insider Intelligence's UK Neobank Competitive Edge Report to see which digital banking features are important to consumers.