Michelle Abrego

Finance editor @businessinsider.

[Michelle Abrego @Mabrego]

Venture inside the race to find a replacement for Larry Fink with @ungarino. See the lineup of potential candidates and its backup plan if those names don't work out: https://t.co/UVeNy4tUQg

[Business Insider @BusinessInsider]

Ken Griffin, the hedge fund manager who built Citadel into a powerful and hugely profitable player in the markets, is moving it to Miami.

After becoming a mega-donor for Ron DeSantis, Griffin is expanding his reach into the political domain. ⬇️

https://t.co/X3m6OUUT1j

[Hayley Cuccinello @HCuccinello]

What do AC Milan, the Yankees, and Ben Affleck have in common? Goldman alum Gerry Cardinale.

His PE firm RedBird is a power player in sports & media. Jeff Zucker just joined to run a $1B venture.

Here's his winning playbook and what's next for RedBird: https://t.co/9o9wHrUN1Q

[morgan chittum @morgan_chittum]

NEW: Internal forums, major deals, and employee exits: Inside BlackRock's long road to embracing crypto

Spanning back to 2015, @ungarino and I charted the $8 trillion asset management firm's venture into digital assets

latest @BusinessInsider
https://t.co/JHN8cXCgWm

[James Baca (AGGREGATOR/The Notorious Banker) @notoriousbanker]

Thread:
This article was great. Yes, it did echo all the stuff BofA retail branches go through too. I just find it funny that Wealth Managers are complaining about short staffing just like branch mgrs do. Will it hit harder w/BofA since it's Merrill that is complaining?
1/

[Jeffrey Cane @Jeffrey_Cane]

What will the future of Wall Street look like? Start here with 25 rising stars, as identified by @alexmorrell @aleevelati @AsiaJMartin @hcarterjohnson @caseyreports @dakincampbell @daniellewlkr @HCuccinello @ungarino @reedalexander and led by @Mabrego https://t.co/Q1mOr5aXLR

[Reed Alexander @reedalexander]

“I’m running late.” Sending a seemingly innocuous text like this to a client on the way to dinner could land you in boiling hot water under Bank of America’s ironclad rules following a sweeping SEC probe that’s costing Wall Street 💰. Scoop by @alexmorrell https://t.co/9l62KNCU60

[Jeffrey Cane @Jeffrey_Cane]

Not all is gloomy on Wall Street. Here are 25 bright young things who are in line to be tomorrow's leaders in finance: https://t.co/Q1mOr5t6ZZ

[dakin campbell @dakincampbell]

NEW: Goldman Sachs insiders say they are concerned about CEO David Solomon's push to build his personal brand.

They point to staff help for his DJing and use of the firm's planes, among other things.

https://t.co/p846GBOaGg $GS

[Michelle Abrego @Mabrego]

Climate scientists are the hottest new hires on Wall Street. And they're paying them generously. https://t.co/BFAwDcr6wQ

Great look into how big banks and money managers are finding talent to deliver on promises to combat the climate crisis. By @ungarino and @ceboudreau

[Insider Finance @insiderfinance]

$7 billion WorldQuant is launching a new competition to crowdsource talent and return-boosting code. Those battling it out can win cash — or land a job. https://t.co/1dnfCJnFsA

[Spiros Margaris @SpirosMargaris]

Fintechs are shifting their #recruiting efforts to #hire seasoned #veterans

who can help them weather the rough #market #environment

https://t.co/KaCKYjhMDx #fintech #insurtech #futureofwork #VC @AsiaJMartin @BusinessInsider

[Spiros Margaris @SpirosMargaris]

Betterment changed the game for #investors,

but #WallStreet banks have caught up

https://t.co/nOv6tE1GgO #fintech #wealthtech #roboadvisor @aaronw11 @thisisinsider @JimMarous @efipm @TheRudinGroup @RAlexJimenez @leimer @UrsBolt @helene_wpli @jaypalter @psb_dc @Xbond49

[Alex Morrell @alexmorrell]

Fear and loathing on Wall Street: Inside the paranoid, hyper-competitive onslaught to prevent quant traders from defecting to rivals https://t.co/836e7JHYvh via @BusinessInsider

[Dan DeFrancesco @dandefrancesco]

Before Robinhood or Coinbase, Betterment got attention for being the next big disruptive force in personal finance.

Then things changed.

Now the fintech has shifted strategy and overhauled leadership in a bid to refocus efforts.

Great stuff from @ungarino + @AsiaJMartin

[Hayley Cuccinello @HCuccinello]

The Manchin-Schumer deal would close the carried-interest tax loophole for PE/hedge fund managers. Some worry it will hurt their paycheck, industry, even the economy.

@TomSteyer told me that nixing a loophole for the rich is not "an unfair thing to ask."
https://t.co/w8PkY3Ex8X

[Hayley Cuccinello @HCuccinello]

Wall Street recruits top advisors with big loans that are eventually forgiven, but there's a catch.

These loans can top $1 million but usually last 9-12 yrs. Advisors who leave earlier have to repay them ASAP.

"It's the ultimate golden handcuffs." 1/2
https://t.co/v2juLyDzCp

[Dan DeFrancesco @dandefrancesco]

"For what we did, they paid way too much"

Ex-Coinbase employees detail the firm's bottomless budget when it came to hiring and building teams in the lead up to layoffs.

Great stuff from @biancachan_
@hcarterjohnson
@kyliebytes + @crossingjessica
https://t.co/iWWUrFgoA8

[Hayley Cuccinello @HCuccinello]

SoftBank-funded View Inc went public via SPAC 15 months ago.

Since then, $VIEW was almost delisted for missing financial statements, understated its warranty liabilities, and needs more cash to meet forecasted costs.

This is the tip of the iceberg🧵
https://t.co/JfUdt8fBFA

[Alex Nicoll @nicollsanddimes]

I am absolutely thrilled to announce that @dangeiger79 and I won a @NYPressClub award for best internet consumer reporting for our story on real estate scion Kent Swig's cryptocurrency that's backed by gold he says is buried outside of Las Vegas. https://t.co/kVYUKlWueY