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Goldman Sachs considers sending more 100 traders, salespeople to West Palm Beach

West Palm BeachFlavio Vallenari/Getty Images

Summary List Placement

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Goldman Sachs is in talks to move more than 100 salespeople and traders to West Palm Beach, as the move from Wall Street to Florida accelerates

finance firms leave new york for florida 4x3Samantha Lee/Business Insider

Leaders of Goldman's sales-and-trading operation have asked desk heads to poll workers on if they want to relocate to West Palm Beach, according to a source. Read more on the once-unthinkable move.


Morgan Stanley CEO James Gorman wants US employees back in the office by Labor Day: 'If you can go into a restaurant in New York City, you can come into the office'

James GormanYuri Gripas/Reuters

Morgan Stanley CEO James Gorman took a strong stance on the importance of employees getting back into the office. Here's what he said


JPMorgan CEO Jamie Dimon says he intends to stay in his role for a 'significant amount of time' despite a recent leadership shake up hinting at his succession plan

jamie dimon jpmorganMike Blake/Reuters

JPMorgan's Jamie Dimon said he wouldn't retire within the next three years while speaking at a conference Monday. The statement comes despite recent talks of his successor


Goldman Sachs just tapped Stephen Scherr's chief of staff to serve as CFO of its consumer business. Read the full memo announcing the promotion.

Marcus Goldman SachsReuters

Goldman Sachs promoted Liz Ewing, a nine-year veteran of the bank, to be CFO of the consumer division. Here's what we know


Plaid quietly acquired a startup founded by 2 Robinhood alums in March, hinting at plans to push further into paymentsZach Perret PlaidPlaid

Plaid's March acquisition of Flannel, a fintech building payment APIs, is a signal of bigger plans at the $13.4 billion startup. Here's what we know about the deal


Morgan Stanley is doubling down on its wealth business, and its co-president says client assets could swell by more than 50%, topping $7 trillion

Andy Saperstein, the head of Morgan Stanley Wealth Management.REUTERS/Brendan McDermid

Morgan Stanley's sprawling wealth management unit could add some $3 trillion in five years. Here's what Andy Saperstein, Morgan Stanley's co-president, said about the future of the unit.


Crispin Odey believes inflation will bring a 'golden period' for M&A. He highlights why his bet on Distell could be a big winner.

Crispin OdeyAaron Chown/PA Images via Getty Images

In a letter to investors, Crispin Odey said inflation will provide his fund with big opportunities — specifically, he said, merger arbitrage is an attractive strategy during periods of inflation. Get the full rundown here.


Odd lots:

Investors Clamor for a Bigger Piece of Payments Company Stripe (WSJ)

Wall Street's Return-to-Office Gulf Exposed by Goldman, Citi (Bloomberg)

Barely Hired at Morgan Stanley, Trading Savior Nears CEO's Perch (Bloomberg)

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