Michelle Abrego

Blackstone’s majority investment in Supergoop underscores private equity’s ballooning influence in American life, whether consumers know it or not.

Goldman Sachs’s third restructuring in four years comes as insiders have been questioning Solomon’s leadership focus.

Good morning! I’m Michelle Abrego filling in for Dan DeFrancesco as we – and the markets – are off observing Martin Luther King Jr. Day. Today, we’re going to be running through five stories you might have missed while you’ve been focusing on keeping your New Year’s resolutions and laying out your 2023 plans.One thing that’s apparent on Wall Street is that many people are worried about their jobs and compensation. We’ve already seen layoffs at Goldman Sachs, BlackRock, and BNY Mellon materializ…

Citadel continued its hot streak for 2023 amid the March market turmoil triggered by the collapse of Silicon Valley Bank. Here’s how its rivals stack up.

Billionaire Ken Griffin’s Citadel continues to best rivals this year. Here’s how it performed vs Point72, Millennium, and other big names.

Once a year, billionaire Steve Cohen, one of the world’s most successful investors, grills a group of senior analysts who hope to soon run a piece of his $30.6 billion hedge fund, Point72.The budding portfolio managers lay out their biggest goals and ambitions, and Cohen gives his views on whether they will work or not. The pitch session is meant to push them out of their comfort zone, Harry Schwefel, Point72’s co-chief investment officer, told Insider.They ask questions like, “How are you going…

Wall Street might be back in the office but in sneakers and slacks — not suits.The pandemic pushed financial giants to embrace a more casual dress code that many other corporations had begun to embrace. While it’s unlikely one will confuse a trading floor for a tech startup’s office, the gap is closing.Luis Arteaga, a vice president at Barclays, recalls it being strictly suit and ties when he started as an intern at the bank in 2017. “If you were an analyst or intern, you had to be wearing a sui…