Welcome back.
This week is already shaping up to be big one, with the House considering pushing ahead with impeachment proceedings for President Donald Trump.
So what’s that mean for the markets? It remains to be seen. As we’ve spoken about before, the ties between what’s taking place in Washington and investor sentiment is often complex.
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Meet the 11 people helping Robinhood navigate regulatory matters and customer lawsuits
Robinhood is arguably the most well-known fintech in the US after a huge 2020.
However, the growth the trading app enjoyed came with some speed bumps in the form of regulatory issues and customer lawsuits.
Jack Newsham and Yoonji Han identified the 11 people leading Robinhood’s legal efforts as it prepares for an upcoming IPO.
Click here to read for the entire list.
PayPal CEO Dan Schulman has his sights set on acquiring 1 billion daily active accounts
Billion or bust. PayPal CEO Dan Schulman shared thoughts on why the payments giant is keen to reach a billion daily active accounts. Analysts explain why that’s a plausible goal. Read more here.
A new startup run by a former Citadel quant is trying to create a better way for farmers to protect their crops from climate change
Sid Jha has made quite the career change. The former quant for Ken Griffin’s Citadel has launched a startup helping farmers easily obtain climate change insurance. Read more here.
Kim Posnett just became the youngest solo head of a Goldman Sachs unit known for being a launching pad for some of the bank’s high-profile executives
Goldman Sachs has made a string of leadership changes in its investment bank in recent months. Here’s some info on Kim Posnett, who at 43 has become the youngest solo head of a division known for launching high-profile stars at the firm. Read more here.
Odd lots:
Robinhood Weighs Selling Its Shares to Clients in IPO (Bloomberg)
Goldman Traders Score $2 Billion in Commodities’ Comeback Year (Bloomberg)
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