wall street traders 2008
Traders watch stock prices as they work on the main trading floor of the New York Stock Exchange early in the trading session, October 10, 2008.
Mike Segar/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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Citadel’s Ken Griffin and Melvin Capital’s Gabe Plotkin are about to get grilled by Congress over the GameStop frenzy. Here’s what to expect.

ken griffin citadel
REUTERS/Lucy Nicholson

The GameStop trading frenzy takes center stage in Washington today. Here’s what to expect when two of the hedge fund industry’s biggest stars testify. Read more here.


Cathie Wood made a career betting on the future. Insiders reveal how the ARK Invest founder won the funds (and hearts) of memelord traders and boomer investors alike.

Cathie Wood
Cathie Wood is the CEO and chief investment officer of ARK Invest, which runs three of the highest-returning stock ETFs of the last three years.
ARK Invest

Take a peak inside the world of Cathie Wood, the founder of ARK Invest. Investors in both Wood's business and funds, longtime colleagues, analysts at her firm, and fans share their thoughts on one of Wall Street's hottest stars. 

Click here to read the entire story.


Goldman Sachs has been overhauling its power structure. Here's our exclusive org chart mapping out the latest hierarchy of 125 top execs.

David Solomon
REUTERS/Danny Moloshok

There have been plenty of changes within Goldman Sachs' leadership ranks. We've mapped out the bank's org chart. Read more here.


Wells Fargo wins Fed acceptance for overhaul plan tied to asset cap

Wells Fargo
Spencer Platt / Getty Images

Wells Fargo appears to be one step closer to getting its regulatory asset cap lifted. See more here.


A botched wire transfer resulted in 'one of the biggest blunders in banking history.' Here are 4 key takeaways from Citigroup's $893 million mistake.

citi citigroup
Traders work on the floor of the New York Stock Exchange, January 23, 2012.
REUTERS/Brendan McDermid

Here are four key takeaways from the 101-page court document ruling Citigroup would not be able to recoup its $501 million mistake. Read more here.


Star Morgan Stanley trader Shawn Joshi has left the bank for $2 billion credit hedge fund Compass Rose

Morgan Stanley
A Morgan Stanley logo is seen August 20, 2003 in New York City.
Mario Tama/Getty Images

A big people move over at Morgan Stanley. Get the rundown here


Odd lots:

Wells Fargo's $8 Billion Question: How to Slash Costs Without Angering Regulators (WSJ)

JPMorgan promotes senior European dealmakers into new Spac team (Financial News)

At 93, She Waged War on JPMorgan-and Her Own Grandsons (Bloomberg)

Online-Trading Platform Will Let Investors Bet on Yes-or-No Questions (WSJ)

Junior banker describes "weird satisfaction" of long days at home (eFinancialCareers)

A data breach is exposing Big Law firms who were using a 20-year-old system for handling sensitive documents. Here's what we know so far. (BI)

8 big investors like Investcorp and New Mountain Capital that are pouring billions into public relations firms (BI)

Read the original article on Business Insider