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U.S. envoy organises virtual tour

U.S. envoy organises virtual tour
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How Robinhood became an obsession - Wall Street power moves - Gorman's big raise


Finance. Here s a rundown of the must-know stories from the past week:
Lee Ainslie tells investors Maverick Capital is poised to take advantage of the post-GameStop-frenzy
How
The inside track on the next big innovations in IPOs and direct listings
Read our roundup of Wall Street power moves
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Generation Robinhood: How the trading app conditioned inexperienced users to obsessively play the market
The app aims to make trading easy and fun for a simple reason: The more users trade, the more money Robinhood makes. The startup s business model, in fact, is based in large part on what is known as payment for order flow (PFOF) - taking the buy and sell orders that users place and selling them directly to large trading firms. ....

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Goldman Sachs names new chaiman and co-head of global financing


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Susie Scher and Vivek Bantwal will become chairman and cohead of global financing, respectively.
Goldman Sachs
Goldman Sachs on Wednesday announced leadership changes within its investment bank.
Susie Scher and Vivek Bantwal will become chairman and cohead of global financing, respectively.
Akila Raman, formerly the COO of global financing, will become COO of the investment bank.
Goldman Sachs investment-banking division is undergoing some leadership changes in senior positions.
A number of shifts are taking place within the division s financing group. The moves were announced in two internal memos, which were sent on Wednesday by senior bank leadership including Ashok Varadhan, a global cohead of the global markets division; Marc Nachmann, the other global cohead of the glob ....

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