Citigroup just announced 137 new managing directors in its trading and dealmaking unit — we got a hold of the internal memo with all the names

Managing director is a coveted distinction at Citigroup and the highest title at the firm. The 137 promotions are an increase from 125 last year.

December 10, 2019   |   View Online »

Citigroup just announced 137 new managing directors in its trading and dealmaking unit — we got a hold of the internal memo with all the names Alex Morrell,Trista Kelley | Managing director is a coveted distinction at Citigroup and the highest title at the firm. The 137 promotions are an increase from 125 last year. Read More »

The inside story of how McDonald's ex-CEO's push to modernize the chain left black franchisees behind Kate Taylor | McDonald's Steve Easterbrook's reign as CEO saw a franchisee exodus. Here's how black franchisees faced a unique struggle. Read More »

Point72, Renaissance Technologies, and Millennium are betting they can make quant strategies work in bond markets. Here's why their nascent credit trading teams face an uphill battle. Dan DeFrancesco,Bradley Saacks | Some of the biggest funds are pumping money, technology, and time into building out credit quant teams, sources tell Business Insider. Read More »

A retiree living at the poverty line explains how he squandered his 401(k) — and shares how today's generation of young professionals can avoid his fate Christopher Competiello | "I'm the best example of what not to do," said John Morrow, a 69-year-old retiree from Florida who has made some ill-advised investing decisions. Read More »

4 VC investors told us what they look for in a fintech founder: they want someone who's gritty and has transgressive ideas, but can also take advice Shannen Balogh | Investors at Andreessen Horowitz, Bain Capital Ventures, Citi Ventures, and Insight Partners told us what it takes to stand out in the red-hot fintech space. Read More »

Family offices are gaining visibility, but remain tricky to define. Here's how an HSBC private bank exec explains the term to ultra-rich clients. Rebecca Ungarino | Family offices are growing in number. But there's no one-size-fits-all definition of what exactly a family office should look like. Read More »

The art of a bad deal: A negotiations expert breaks down the everyday lessons we can learn from Trump's messy trade war with China Allana Akhtar,Sherin Shibu | Negotiations expert Maurice Schweitzer, of the Wharton School, broke down what went wrong during the Trump-China trade war. Read More »

Here are 19 of the most important executives leading Microsoft's cloud business as it takes on Amazon Web Services Ashley Stewart,Rosalie Chan | Microsoft is pushing for a bigger presence in the cloud as it works to topple Amazon from its No. 1 spot. These 19 executives are leading the charge. Read More »

Uber and Lyft know they have to raise prices in order to turn a profit. Neither of them wants to make the first move. Graham Rapier | Lyft CEO Logan Green says the company tried to slow down its aggressive discounts recently, but had to stop since Uber didn't follow. Read More »

Goldman Sachs just updated its definitive checklist for predicting stock market crashes — and its conclusion points to years of lower returns for investors Akin Oyedele | Goldman's top equity strategists have a reality check for investors near the end of a phenomenal year for the stock market. Read More »

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