2021 01 21T141126Z_2_LYNXMPEH0K0S1_RTROPTP_4_GOLDMANSACHS RESULTS M A.JPG
US stock markets hit new all-time highs this week, but were set to fall on Wall Street on Friday
Shannon Stapleton/Reuters

Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:

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Eric Lane, a 25-year Goldman Sachs veteran and one of the firm's most senior leaders, is exiting. Read the full memo from CEO David Solomon breaking the news to staff.

Eric Lane _ Goldman Sachs
Eric Lane.
Goldman Sachs

A Goldman veteran is departing after more than 25 years with the firm.

Eric Lane, co-head of asset management at Goldman Sachs, is retiring. That leaves Julian Salisbury, currently his co-head, to lead the division independently. We've got the full memo announcing the news.

Click here to read the entire story.

AllianceBernstein's CFO lays out the $683 billion money manager's plans to muscle into the red-hot SPAC market

AllianceBernstein Chief Financial Officer Ali Dibadj.
AllianceBernstein Chief Financial Officer Ali Dibadj.
AllianceBernstein

Ali Dibadj, AllianceBernstein's CFO, explains the asset manager's ambitions in the SPAC market. Read more here.

MUFG's US hiring spree continues with senior junk-bond hire from Goldman Sachs

MUFG
The Mitsubishi UFJ Financial Group (MUFG) bank logo is displayed on a building in Singapore on August 29, 2019. (Photo by Roslan RAHMAN / AFP) (Photo credit should read ROSLAN RAHMAN/AFP via Getty Images)
ROSLAN RAHMAN/AFP via Getty Images

Ryan Munro is joining MUFG as head of leveraged finance syndicate in the Americas. See more here. 

Goldman Sachs restarts cryptocurrency trading and will begin dealing bitcoin futures for clients next week, report says

Goldman Sachs
FILE PHOTO: A sign is displayed in the reception of Goldman Sachs in Sydney, Australia, May 18, 2016.
REUTERS/David Gray/File Photo

Goldman Sachs is ramping back up its cryptocurrency trading desk as the price of Bitcoin booms. Read more here.

'Buy now, pay later' giant Klarna has tripled its valuation to $31 billion, making it Europe's most valuable private startup

Klarna
Klarna markets itself as a 'smoooth shopping' experience.
Thomas Concordia/Getty Images

Buy now, pay later Klarna has raised $1 billion in new funding, tripling its valuation to $31 billion. Get the full rundown here.

Odd lots:

A founding partner of a top crypto law firm has been ousted and is being sued for 'abusive, destructive, erratic, and obstructive behavior' (BI)

67 powerful Black women CEOs and executives on their time in corporate America (BI)

Use our searchable database to find more than 350 Wall Street recruiters for roles in banking, hedge funds, and private equity (BI)

Out of office: what the homeworking revolution means for our cities (The Guardian)

Goldman Sachs is losing 2 consumer banking execs to Walmart. Here's a look at how the powerhouse Wall Street bank has been making a Main Street push. (BI)

Greensill Capital Faces Possible Insolvency After Credit Suisse Suspends Investment Funds (WSJ)

Read the original article on Business Insider