Bank of America has landed a slew of senior dealmakers and is planning more hires to win over rich families and sovereign wealth funds

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The firm has hired nearly two dozen senior investment bankers globally this year, according to people familiar with the matter.
July 03, 2019   |   View Online »
 
Bank of America has landed a slew of senior dealmakers and is planning more hires to win over rich families and sovereign wealth funds

Bank of America has landed a slew of senior dealmakers and is planning more hires to win over rich families and sovereign wealth funds

Alex Morrell | The firm has hired nearly two dozen senior investment bankers globally this year, according to people familiar with the matter.

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Private-equity giant Carlyle just used an unusual approach to clinch a big-time music deal with Rascal Flatts and Taylor Swift

Private-equity giant Carlyle just used an unusual approach to clinch a big-time music deal with Rascal Flatts and Taylor Swift

Casey Sullivan | Music labels are attractive to private equity because of their long-term cash flows. A hit song from the 1950s can generate profits so long as consumers continue to tune in.

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Millennials aren't buying homes because of the $1.6 trillion in student-loan debt, but some experts aren't convinced debt cancellation plans will fix the problem

Millennials aren't buying homes because of the $1.6 trillion in student-loan debt, but some experts aren't convinced debt cancellation plans will fix the problem

Alex Nicoll | Student-debt-cancellation plans could increase homeownership but also eventually lead to a rise in interest rates.

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The 'Oracle of Tampa' explains why he avoids private equity in favor of stocks and bonds — even though the strategy has raised some red flags

The 'Oracle of Tampa' explains why he avoids private equity in favor of stocks and bonds — even though the strategy has raised some red flags

Meghan Morris | A Florida pension has been managed for nearly 50 years by Harold Bowen and then his son, Jay. Unlike most managers, they don't invest in alternatives.

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The inside story of how Robinhood, a $6 billion investing app for millennials, blew a huge launch so badly that Congress got involved

The inside story of how Robinhood, a $6 billion investing app for millennials, blew a huge launch so badly that Congress got involved

Nick Bastone,Dan DeFrancesco | Robinhood, the $6 billion stock-trading app aimed at millennials, told users its new checking and savings accounts were insured. They weren't.

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The marketing head of $461 billion John Hancock says Google and Amazon may disrupt consumer finance, leading to a 'real wakeup call' for the industry

The marketing head of $461 billion John Hancock says Google and Amazon may disrupt consumer finance, leading to a 'real wakeup call' for the industry

Meghan Morris | If finance companies don't make their customer experiences easier, they're going to lose to startups and big tech companies, said Barbara Goose.

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A critical recession indicator is dangerously close to a threshold that's signaled every meltdown since 1960, Morgan Stanley warns

A critical recession indicator is dangerously close to a threshold that's signaled every meltdown since 1960, Morgan Stanley warns

Christopher Competiello | Morgan Stanley sees the US economy entering a recession in the next 12 months, as their go-to indicator teeters dangerously towards a key threshold.

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Big hospital systems are borrowing an 80-year-old idea to keep patients healthy and cut costs, and it could be the future of healthcare

Big hospital systems are borrowing an 80-year-old idea to keep patients healthy and cut costs, and it could be the future of healthcare

Lydia Ramsey | Health systems like Geisinger and Intermountain are emphasizing primary care as they move to a model that could keep patients healthier.

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Superhuman, the $30/month email app that venture capitalists love, is being accused of enabling 'spying' on anyone who reads your messages

Superhuman, the $30/month email app that venture capitalists love, is being accused of enabling 'spying' on anyone who reads your messages

Megan Hernbroth | By default, messages sent with Superhuman including a "tracking pixel" that can be used to see when and where recipients opened your messages.

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A former AOL exec says taking someone else's startup idea might sound like cheating, but it's exactly how the most successful founders work

A former AOL exec says taking someone else's startup idea might sound like cheating, but it's exactly how the most successful founders work

Shana Lebowitz,Sherin Shibu | AOL achieved tremendous success by picking up where other internet startups had left off, writes former AOL exec Jean Case in "Be Fearless."

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