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Meet the 20-year-old founder of @WallStreetConfessions, an Instagram account that’s become an open forum to discuss the dark side of finance and gathered followers including the CEO of Jefferies


Riya Sharma, Wall Street Confessions

Riya Sharma is the founder of @WallStreetConfessions, an Instagram account that shares caustic quotes about life in finance, and posts anonymous submissions of instances of sexism, racism, and discrimination in the industry.
Sharma, 20, has never publicly revealed her full identity before, and, in an interview with Business Insider, said she’s using her social media platform to advocate for women and minorities.
One of her followers, Jefferies CEO Rich Handler, told Business Insider in an email that he admires Sharma’s “entrepreneurialism, savvy and desire to positively influence the finance industry.”
Are you a young person working on Wall Street? Contact this reporter via email at rhodkin@businessinsider.com, encrypted messaging app Signal (561-247-5758), or direct message on Twitter @reedalexander.

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At 20 years old, Riya Sharma has established her place as the whisperer of Wall Street.

To the ordinary passerby who isn’t acquainted with her online persona, Sharma is a student at Marymount Manhattan College in New York City, majoring in finance and international studies, and minoring in arts management.

Though she hopes to land her first investment banking internship next summer, she has no formal finance industry experience to date.

But that hasn’t stopped Sharma from using her highly-followed social media account Wall Street Confessions, which so far has racked up an audience of more than 84,000 followers, to write her way into some of Wall Street’s most sensitive conversations about racism, sexism, and anti-LBGT discrimination.

Sharma launched the account in January 2019 and, since then, has set about creating an enclave, of sorts, for Wall Street’s whistleblowers. Anonymous users send her submissions via the online portal on her website, many of which are meant to force the finance industry to face its guilty conscience.

Then, they end up on Sharma’s Instagram feed. Of the many issues her posts address, she seems to regard being a foil to misogyny as her most important role.

“It’s just so terrible the way women are treated” in finance, she told Business Insider in an interview. “Banks have to stop being frat houses.”

Rich Handler, the CEO of Jefferies Financial Group and highest-paid chief executive of a company based in New York, is among the Wall Street leaders who follow her account, occasionally leaving supportive comments on her posts.

Handler told Business Insider in an email that he occasionally comments on Sharma’s page because it “strikes a good balance between keeping it light and fun while also including serious topics that are worthy of public discussion.”

“I admire her entrepreneurialism, savvy and desire to positively influence the finance industry,” he added.

Read more: One of Wall Street’s highest-paid CEOs is hosting a virtual lunch with followers of finmeme account Litquidity. Jefferies’ Rich Handler explained how he’s ‘trying to help in a small way while the world is so upside down.’

Earlier this year, he engaged with one post in particular which referenced a complaint that an anonymous user said they made about their managing director. The MD …read more

Source:: Business Insider

      

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