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News Every Day |

Meet Robinhood's legal team - PayPal eyes 1 billion active accounts - More Goldman banker shakeups

wall street

Welcome back. 

This week is already shaping up to be big one, with the House considering pushing ahead with impeachment proceedings for President Donald Trump. 

So what's that mean for the markets? It remains to be seen. As we've spoken about before, the ties between what's taking place in Washington and investor sentiment is often complex. 

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


Meet the 11 people helping Robinhood navigate regulatory matters and customer lawsuits

Robinhood Legal

Robinhood is arguably the most well-known fintech in the US after a huge 2020

However, the growth the trading app enjoyed came with some speed bumps in the form of regulatory issues and customer lawsuits.

Jack Newsham and Yoonji Han identified the 11 people leading Robinhood's legal efforts as it prepares for an upcoming IPO

Click here to read for the entire list.


PayPal CEO Dan Schulman has his sights set on acquiring 1 billion daily active accounts

Dan Schulman

Billion or bust. PayPal CEO Dan Schulman shared thoughts on why the payments giant is keen to reach a billion daily active accounts. Analysts explain why that's a plausible goal. Read more here.


A new startup run by a former Citadel quant is trying to create a better way for farmers to protect their crops from climate change

farmer, coffee farmer, coffee grower

Sid Jha has made quite the career change. The former quant for Ken Griffin's Citadel has launched a startup helping farmers easily obtain climate change insurance. Read more here.


Kim Posnett just became the youngest solo head of a Goldman Sachs unit known for being a launching pad for some of the bank's high-profile executives

Kim Posnett

Goldman Sachs has made a string of leadership changes in its investment bank in recent months. Here's some info on Kim Posnett, who at 43 has become the youngest solo head of a division known for launching high-profile stars at the firm. Read more here.


Odd lots:

Robinhood Weighs Selling Its Shares to Clients in IPO (Bloomberg)

The CIO of a $500 million crypto asset manager breaks down 5 ways of valuing bitcoin and deciding whether to own it after the digital asset breached $40,000 for the first time (BI)

Goldman Traders Score $2 Billion in Commodities' Comeback Year (Bloomberg)

Read the original article on Business Insider




Read also

Gunmen assassinate two Afghan women judges in Kabul ambush

Bob Arum On How Much He’s Willing To Pay Shawn Porter In Possible Terence Crawford Clash: “I’m Not Guaranteeing More Than A Million Dollars, I’m Just Not”

Proud to be English: How we can shape a progressive patriotism




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