Goldman junior bankers raised red flags over WFH issues

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Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:

Looking to start a hedge fund? Check out this list of people you should know as you try to get your fund off the ground.
Goldman Sachs analysts warned their bosses about issues that come with WFH in a presentation they made at the start of the pandemic.
Former Goldman partner Sumit Rajpal is launching his own firm.

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READY TO LAUNCH: These are the 29 bankers, advisors, and lawyers to know if you're thinking about starting your own hedge fund

United Launch Alliance; Goldman Sachs; Morgan Stanley; Williams Trading; SS&C Technologies; Samantha Lee/Insider

Launching a hedge fund has become more difficult as the price of technology, data, and talent rises. We spoke with more than a dozen industry experts, and compiled a list of people to know to get a hedge fund off the ground.

This is who you need to know.

Goldman's beleaguered banking analysts raised red flags about the brewing strains of remote work a year ago and asked bosses for meal and tech stipends

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Analysts at Goldman Sachs first raised issues to their bosses over the problems that can arise from working remote a year ago. Get the full rundown here.

The former co-head of one of Goldman Sachs' most elite investing groups is making his own bets on banks and fintechs. He's poaching ex-colleagues and angering his old bosses.

Former Goldman Sachs partner Sumit Rajpal is starting his own investment firm, and some of his former colleagues aren't happy. Find out why.

Wall Street billionaire Leon Black steps down as CEO and chairman of Apollo effective immediately, 2 months after an investigation into his Jeffrey Epstein links

Lucy Nicholson/Reuters, New York State Sex Offender Registry

Black's departure from the investment firm comes sooner than expected. In January, Apollo said Black would step down as CEO in July (but remain chairman) following an independent investigation into his relationship with the disgraced financier. Everything we know about his departure.

UK-based Revolut just officially filed for a bank charter and rolled out business accounts in the US as the war amongst challenger banks heats up

Revolut

Revolut, Europe's largest challenger bank, is looking to make inroads in the US. It just announced the official launch of business-banking accounts. Here's what you need to know.

Bank of America sees DeFi as potentially more disruptive than bitcoin. The bank breaks down why DeFi is a fundamental challenge to modern finance - and the 5 issues that stand in its path to domination

Getty Images/John Phillips

BofA analysts are questioning whether DeFi could potentially be more disruptive than bitcoin. They believe DeFi could be a radical challenge to modern finance, but it still has a long way to go. These are the five reasons why.