Summary List Placement
Welcome back. While all the big US banks have already posted their third-quarter earnings, there are plenty of interesting companies still to report. This week includes IBM, AT&T, and Tesla. 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. Tune in on Tuesday, October 27 at 12:00 pm ET for a virtual event sponsored by Salesforce, looking at how Professional Services firms are navigating and driving growth during the COVID-19 era. Register here. Like the newsletter? Hate the newsletter? Feel free to drop me a line at email@example.com or on Twitter @DanDeFrancesco.
McGuire's mayoral bid
Wall Street has always had ties to the NYC Mayor's office. Raymond McGuire, a former Citigroup executive, is looking to be the latest in a long line of financiers that have made the jump to NYC politics. Dakin Campbell spoke to those who know McGuire, who stepped down as vice chairman at Citigroup earlier this month to officially launch his campaign, to understand what led him to make the jump, and what his biggest challenges will be. Click here to read the entire story.
Home-shopping giants QVC and HSN reinvented themselves to build a booming live-streaming business, and are betting on payments tech to take it to the next level
Shannen Balogh spoke to the CEO of Qurate Retail Group, the parent company of QVC and the Home Shopping Network, about how the traditional broadcast shopping shows are thinking about digital channels. Read more about their plans here.
Here's what 7 CEOs of major financial firms are saying about the return to office and the future of their real estate footprints
Everyone wants to know what the future of office space is. Alex Nicoll pulled comments from executives at some of the biggest financial firms during their third-quarter earnings calls to get a sense of what they are thinking. Check them all out here.
32 books on everything from the roots of value investing to the science of sleep that Wall Street rising stars say you should read to get ahead
Looking for a good book recommendation? Our rising stars have you covered. Check out their picks for what should be on your reading list. Read the whole list here.
How private equity titan Robert F. Smith became involved in a scheme that hid $43 million of taxes from the IRS over nearly a decade (BI)
Read the full letter private equity titan Robert F. Smith sent to investors about his $139 million tax evasion settlement (BI)
String of Firms That Imploded Have Something in Common: Ernst & Young Audited Them (WSJ) Goldman Warns of More Job Losses With Jumbo Mergers on the Rise (Bloomberg) Tab, Coca-Cola's Diet-Soda Pioneer and a '70s Icon, Is Going Away (WSJ)
Join the conversation about this story » NOW WATCH: What it takes to become a backup dancer for Beyoncé
More like this (3)
We're seeking nominations for Insider's rising stars of equity research under 35 — here's how to apply
Summary List PlacementWhether they're covering a struggling sector or a pandemic-boosted one, Wall Street's equity research...Summary List PlacementWhether they're covering a struggling sector or a pandemic-boosted one, Wall Street's equity research analysts are there to give clients an edge. We're looking to highlight the best up-and-comers and need your help to find them. If you know someone that should be considered, please submit your suggestions below or via this form. Criteria and methodology Our selection criteria: We ask that...
Summary List Placement A regulator's bid to raise a reporting threshold for money managers appears to...Summary List Placement A regulator's bid to raise a reporting threshold for money managers appears to have gotten no support from the public. Institutional investors submit a 13F filing every quarter that discloses their equity holdings. The Securities and Exchange Commission proposed to raise the reporting threshold from $100 million to $3.5 billion. However, according to Reuters, analysis by Goldman Sachs of the majority...