Litquidity

Goldman Sachs is reportedly implementing a new loyalty certification system for junior bankers, requiring them to confirm every three months that they haven’t accepted job offers elsewhere. The initiative is part of a broader effort to stem the tide of private equity firms poaching talent early in analysts’ careers, often during or even before their …

Trump Media files for blue-chip ETF with a host of cryptocurrencies

Together with Good Morning, All megafunds delayed on-cycle recruiting after Jamie Dimon's pushback, Florida's crazy non-competes bill became law, VC IPO exits are headed for a decade-low, Russia banned Yale University (???), and ex-UK PM Rishi Sunak re-joined Goldman as a senior advisor. Columbia Business School Exec Ed and Wall Street Prep launched a comprehensive …

Nearly two decades after launching his career at Goldman Sachs, former UK Prime Minister Rishi Sunak is returning to the Wall Street giant, this time in a senior advisory role. Goldman Sachs CEO David Solomon announced Tuesday that Sunak will join the firm to provide strategic counsel on macroeconomic and geopolitical matters. Sunak began his …

President Trump set 25% tariffs against Japan and South Korea

ilpTogether with Good Morning, US will resume 'reciprocal' tariffs in August, public university endowments are increasing PE investments despite a slowdown, first-time home sales are tanking, investors are piling into tokenized Treasury funds, and DOJ and FBI found no 'client list' or foul play related to Epstein's crimes and death. Farsight AI is automating workflows …

$6.5 billion was moved from several dormant wallets that hadn’t been touched in 14 years

Together with Good Morning, After spending the long weekend celebrating America's birthday, monitoring the situation, and digesting the news of Elon’s new political party, the Exec Sum team returned to a pleasant surprise: 350,000 Exec Sum subscribers 📈 We're incredibly thankful to each one of you for trusting us as your go-to source for financial …

There’s a new crypto friendly bank in town

Good Morning, Hedge funds had a good H1'25, Wimbledon debentures have become a lucrative investment for wealthy tennis fans, markets hit new all-time highs, Diddy was acquitted of most charges, and 5+ startup founders realized via social media that they were all employing some guy from India at the same time. As we head into …

Crypto tax amendment dropped from Senate’s ‘Big, Beautiful Bill,’ but Sen. Lummis plans to keep pushing

Together with Good Morning, Top hedge funds erased losses to turn positive in H1, activist investors are taking a breather, Europe junk bond issuances hit a new record in June, Trump has 'two or three' choices to replace J Pow, and Trump's fiscal agenda passed the Senate. Mizuho America's Head of TMT sat down with …