Summary List Placement
The weekend is near!
Bloomberg reported Wells Fargo is cutting 700 jobs in its commercial-banking group. We’re keeping track of all the job cuts by big banks that have been recently announced or reported right here.
If you’re not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.
We are also looking for nominations for our first-ever Rising Stars of Real Estate. Get all the details on how to apply here.
Like the newsletter? Hate the newsletter? Feel free to drop me a line at firstname.lastname@example.org or on Twitter @DanDeFrancesco.
The future of consulting
Management consulting is a massive industry that has plenty of close ties to Wall Street.
This year has been tough for the space, with the market declining from $160 billion to $132 billion due to decreased client demand, according to Statista.
Weng Cheong spoke to insiders at some of the biggest firms in the industry to get a sense of what to expect going forward.
Click here to read the entire story.
A day in the life of @MrsDowJones, an Instagram finfluencer with 162,000 followers who calls herself a ‘financial pop star’ and wants to make managing your own money fun
Here’s a fun one from Reed Alexander. Take a step inside the shoes of Instagram ‘finfluencer’ @MrsDowJones. This 29-year-old wants to help millennials and Gen Z’ers improve their financial literacy via entertaining videos and memes. Check out what a day in her life is like.
Morgan Stanley expects more mega-mergers in the oil industry. Here are the 11 deals the bank says are most likely. (BI)
QAnon High Priest Was Just Trolling Away as a Citigroup Tech Executive (Bloomberg)
How litigation financing startup Legalist plans to leverage its tech to scale up to $1 billion in assets under management (BI)
I tried 20 of Trader Joe’s fall foods, and would buy at least 15 of them again (Insider)
Join the conversation about this story »
NOW WATCH: Why electric planes haven’t taken off yet
Source:: Business Insider