Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:
- SoftBank-backed Compass slashes the scale of its ambitious IPO
- JPMorgan wants to deepen its ties to Silicon Valley, and it just hired five people to help
- Wall Street's rapid-fire deals are contributing to Big Law burnout - and special retention bonuses
- Goldman Sachs is making plans to bring some full-time campus hires into the office later this year
- Cloud data startup Striim nabs $50 million led by Goldman Sachs
Analysts had cast doubt on firm's tech-startup image and path to profitability. Find out more here.
JPMorgan just poached 5 people from Silicon Valley Bank and Bank of America to bulk up teams focused on VCs and 'disruptive' commerce
In a move targeted at strengthening its ties to Silicon Valley, JPMorgan just hired five people who will build relationships with tech companies and VCs.
Striim, a data startup that offers the pipes to send data from one cloud to another, secured a $50 million Series C round led by Goldman Sachs Growth Equity. Here's what you need to know.
After a busy year, at least 25 Big Law firms are awarding special bonuses to high-performing associates - but many aren't sure it'll be enough to manage burnout. We took a look at what firms are doing to help their workers, and compiled a list of who's announced special bonuses.
Goldman Sachs is planning to bring some full-time campus hires into the office later this year for their onboarding and orientation, according to an internal memo. More insights from that memo.