A woman throws confetti during the 2021 New Year’s Eve celebrations on January 1, 2020 in New York City.
A woman throws confetti during the 2021 New Year’s Eve celebrations on January 1, 2020, in New York City.
Alexi Rosenfeld/Getty Images

Welcome back! 

After a brief hiatus over the holidays, your favorite finance newsletter is back.

So what’d we miss? After much deliberation, a second stimulus check was approved. US stocks closed at record highs on the last day of trading in 2020. And bitcoin has been an absolute rocketship.  

By the way, we rounded up our best stories from 2020. If you haven’t already, check them out here.

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 [email protected] or on Twitter @DanDeFrancesco


PayPal workers were struggling to make ends meet. CEO Dan Schulman vowed to change that.

dan schulman paypal success leadership 4x3
PayPal; Samantha Lee/Business Insider

While it's tough to categorize anyone as a 'winner' as a result of the coronavirus, plenty of companies have done well during the pandemic. 

PayPal is one example. The payments giant was well positioned as the world went increasingly digital back in March. Its stock price and market cap reached record highs thanks to new accounts and massive payment volumes. 

A key to PayPal's recent success is a result of CEO Dan Schulman's decision to invest in his employees. That came following a financial-wellness survey of his workers that found many were barely making enough to save.

Shannen Balogh and Marguerite Ward take you inside PayPal's decision to invest in its workers, and how it paid off big time

Click here to read the entire story.


2021 is shaping up to be a big year for M&A. Here are 12 hot trends to expect.

deals to expect in 2021 mergers aquisitions 4x3
PJ Solomon; Greenberg Traurig; The Carlyle Group; Samantha Lee/Business Insider

Reed Alexander spoke to a dozen M&A experts, from bankers to investors and lawyers, about what to expect in 2021 as far as dealmaking. Here's a great breakdown of all the different trends to keep an eye out for. Read the entire list here.


Top fintech investors are excited for a big year of hot IPOs after 2020 blew away their expectations

mark goldberg
Index Ventures

Speaking of deals, VCs are optimistic that dealmaking will keep rolling in 2021. As a result, they are eyeing some big exits. Shannen Balogh spoke to four investors about why they are so optimistic. Read more here.


What's in store for 5 big banks like JPMorgan and Citi in 2021

jane fraser
Jane Fraser
Julian Restrepo/Citigroup via AP

And while we're on the topic of 2021 trends, Carter Johnson took a look at what to expect from the biggest retail banks in the new year. From changes in leadership, to spinning off non-core businesses, 2021 should be an eventful year for consumer banking. Get the full rundown here.


Futures contracts on the outcome of NFL games could soon be a reality

Las Vegas sports book
Proposition bets (R) for Super Bowl XLV are posted at the race and sports book in the Las Vegas Hilton in Las Vegas, Nevada.
REUTERS/Las Vegas Sun/Steve Marcus

Gambling has gone mainstream thanks to more states legalizing it. As a result, it was only a matter of time before Wall Street looked to get involved. Carter Johnson has a look at crypto exchange's proposal to list future contracts tied to the outcome of NFL games. Read more here.


QR codes are catching on like crazy in restaurants. Now, PayPal wants to turn the tech into a new way to pay in-store.

qr code menu restaurant
Manuel Velasquez / Getty

Shannen Balogh with a nice look at PayPal's big bet on QR codes, and why it's paying off. Read more about why analysts are so optimistic about how crucial it will be to the company's growth. Check out the story here.


Mastercard's new chief product officer has big plans for B2B payments and open banking

CRAIG VOSBURG Mastercard
Craig Vosburg will become Mastercard's new CPO in January 2020.
Mastercard

Shannen Balogh got the chance to chat with Craig Vosburg, Mastercard's new chief product officer. Get an inside look at what Vosburg will be focusing on at Mastercard. Read more here.


Odd lots:

Former Goldman exec Marty Chavez discusses getting sober more than two decades ago, and why he feared it would be a 'disaster' for his Wall Street career (BI)

Tech has been transforming the legal industry at lightning speed. Here are the 5 big trends to watch in 2021. (BI)

JPMorgan's Jamie Dimon and His Brush With Death: 'You Don't Have Time for an Ambulance' (WSJ)

The next hot fintech trends top VCs are betting on: Embedded finance, finfluencers, and a 'great rebundling' (BI)

8 big investors like Golden Gate Capital and Stagwell Group that are betting billions on public relations firms (BI)

Law firms hired fewer partners from government positions in 2020. Here are 12 moves that made waves. (BI)

JPMorgan is acquiring a major credit card rewards business in a bet that travel will rebound next year (CNBC)

Wall Street Tempers Bonus Expectations in Year of the Pandemic (Bloomberg)

Read the original article on Business Insider