Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:
- SVB Leerink just beefed up its TMT team by poaching a team from UBS.
- These are the top bankers and lawyers involved in the WarnerMedia-Discovery deal.
- JPMorgan has set the stage for the battle to be Jamie Dimon's eventual successor.
Like the newsletter? Hate the newsletter? Feel free to drop me a line at [email protected] or on Twitter @DanDeFrancesco.
SVB Leerink has poached a team of senior UBS tech bankers, including group head Jason Auerbach, as it continues splashy expansion
SVB poached Jason Auerbach, UBS' cohead of TMT, and several others. It's the latest in a string of hires for SVB, which has been expanding its investment bank.
Inside the massive WarnerMedia-Discovery media marriage: The bankers and lawyers who played key roles, and how it came together
HBO
Find out who were the top dealmakers and lawyers involved in pulling together the biggest media deal of the year. We've got all the names.
JPMorgan just named 2 new co-heads of consumer banking, and the leadership shakeup gives clues to who will eventually take over from CEO Jamie Dimon
JPMorgan promoted Marianne Lake and Jennifer Piepszak to co-lead the firm's consumer bank. Here's why one of the two will likely end up replacing CEO Jamie Dimon when he retires.
Here are 9 startups in $65 billion hedge fund Tiger Global's portfolio that plan to go public this year
Tiger Global has been on a startup investing spree this year. We outlined the companies it has funded in 2021 that have either filed or discussed plans to go public this year. See the full list here.
How Bank of America is 'demystifying' sustainable investments for its $3.5 trillion client base, according to its top ESG strategist
Bank of America
Bank of America's Jackie VanderBrug explains how there is "a lot of misinformation" around ESG investing products. Here's what else she said.
BNY Mellon's new international wealth head explains how the bank is holding onto its clients' heirs with social media tips and ESG investing
Vincent Hayes, BNY Mellon's head of family office, told us how America's oldest bank is preparing to hang onto its clients' kids. Here's how it's building relationships with the next generation.
Here's the 21-page pitch deck Lance, a digital bank for freelancers, used to raise a $2.8 million seed round from investors including Barclays
Founded by former freelancers, Lance is a new digital bank aimed at self-employed workers. Take a look at the company's full pitch deck.
Plaid CEO Zach Perret is raising $30 million for a VC fund with Dote founder and angel investor Lauren Farleigh
Plaid
The fund is a limited partnership with Lauren Farleigh, founder of Dote and an angel investor. Here is what else we know.
Odd lots:
Fidelity's Pitch to America's Teens: No-Fee Brokerage Accounts (WSJ)
Hundreds of PPP Loans Went to Fake Farms in Absurd Places (ProPublica)