Many banks that specialize in restructuring also rely heavily on M&A revenues, meaning it's essential to capture their share of restructuring work.
Steve Cohen's former right-hand man is launching his own fund. Here's everything we know about Tom Conheeney's EmeraldRidge Advisors.
Tom Conheeney worked at Point72's predecessor SAC Capital from 1999 to 2014 as the COO and president.
E-commerce giant Shopify just launched a way for retailers to transform stores into fulfillment centers by quickly adding curbside pickups
Shopify has long been known for powering the online stores for brands like Allbirds, Bombas, and Rebecca Minkoff.
The bright spot was Disney Plus, which has roughly doubled its subscribers to 54.5 million this year.
A look at the global fintech landscape and how countries are embracing digital disruption in financial services
With large banks and agile startups both competing to get a piece of the rapidly growing fintech industry, new fintech hubs are sprouting in cities across the world. See how the landscape has evolved and where it's likely to go.
ACCOUNTS PAYABLE AUTOMATION: The multitrillion-dollar accounts payable market is finally digitizing — here's how payments providers can grab a piece of it
This report breaks down analog and digital processes at all three stages of an accounts payable transaction, evaluating barriers toward digitization.
Why are Apple Pay, Starbucks' app, and Samsung Pay so much more successful than other wallet providers?
A new report from BI Intelligence addresses how in-store mobile payments volume will grow through 2021, why that’s below past expectations, and what successful cases can teach other players in the space.
Venture-backed startups are laying off thousands of tech workers as the coronavirus strains finances. Here's a list of all of the startups that are cutting headcount.
Here's everything we know about which venture-backed startups are slashing headcount due to the coronavirus and economic fallout.
THE MONETIZATION OF OPEN BANKING: How legacy institutions can use open banking to develop new revenue streams, reach more customers, and avoid losing out to neobanks and fintechs
Business Insider Intelligence identifies various open banking monetization strategies and outlines actionable steps to make them successful.
THE PAYMENTS ECOSYSTEM: The biggest shifts and trends driving short- and long-term growth and shaping the future of the industry
In this report, Business Insider Intelligence examines the payments ecosystem today, its growth drivers, and where the industry is headed.
Airbnb expects 2020 revenues to be less than half of what they were in 2019, even once travel resumes, because of fallout from the COVID-19 pandemic.
Read the full memo Airbnb CEO Brian Chesky just sent to staff announcing 1,900 job cuts. It lays out severance details and which teams are getting hit the hardest.
CEO Brian Chesky said Airbnb's revenue would likely halve versus 2019, and explained how the cuts were decided and what severance workers can expect.
Trump says the economy will take off when social-distancing ends, but the Congressional Budget Office estimates 9% unemployment at the end of 2021
Optimism around the containment of coronavirus drowned out reports showing the trade deficit swelling and the services sector contracting.
These 22 well-known companies are vulnerable to acquisitions by private-equity buyers due to the coronavirus, BTIG says
The crisis has cheapened the valuations of many popular companies and made them targets for private-equity buyers.
Bank robots have been fighting a secret war with outdated government tech to decide who gets $670 billion in small business bailouts. Here's the inside story.
In a normal year, E-Tran processes roughly $20 billion in loans. By the time this crisis is over, it's slated to dole out more than $1 trillion.
A NEW WORLD ORDER: A VC who left his job in the dot-com crash thinks today's economic downturn is more like that 2000 tech cataclysm than the 2008 financial crisis
Founders Fund general partner Keith Rabois said it is "highly likely" the United States economy will suffer a depression.
Business Insider Intelligence surveyed global executive decision makers to see how they think COVID-19 will impact their companies and the economy.
Regeneron widens its lead as the S&P 500's top performer after saying key COVID-19 drug may be available in the fall
Regeneron's antibody cocktail COVID-19 treatment is set to begin clinical trials over the summer, with a goal of having doses available late August.
Norwegian Cruise Line tanks 24% after warning investors it has 'substantial doubt' it can keep operating
The company said it expected to report a net loss in the first quarter as well as the full year because of the coronavirus pandemic.
'We're all going to be permanently scarred': Billionaire Sam Zell cautions that the coronavirus will leave a Great Depression-level dent in the economy
A wave of bankruptcies is needed for economic recovery, but the pandemic's prolonged pressure on demand will drive more defaults than usual, Zell said.
Chegg spikes 37% on surging subscriber numbers as students make a broad transition toward online learning
Chegg reported first quarter earnings on Monday that beat analyst estimates, and raised second quarter revenue guidance to above analyst estimates.
When Wade Pfau isn't writing books or winning awards, he's teaching Ph.D. students the art of retirement income. Here are 4 ways he says investors can reduce risk and thrive financially in the long term.
"These small changes you can make can have a huge impact," Wade Pfau, an author and professor, said.
"The latest report reflects a time when many of the economic effects of the COVID-19 pandemic were only starting to be felt," said the New York Fed.
THE ONLINE MORTGAGE LENDING REPORT: How banks are striking back against Quicken Loans and other digital-first lenders in the $9 trillion US mortgage market
Business Insider Intelligence examines the state of mortgage lending and how technology has enabled alt lenders to transform the home loan process.
This is the 19-slide pitch deck two 22-year-olds used to nab $57 million in funding from Silicon Valley
BI Prime received Brex's permission to offer a look into the startup's full 19-slide pitch deck from its Series B funding round.
The famed investor predicted more people would fly and the airlines would keep their value and continue buying back shares. Then the pandemic arrived.
The US services sector fell into contraction territory for the first time since the financial crisis in April, ending a 122-month expansion
The Insitute for Supply Managaement's services index plunged to 41.8 from 52.5, extending the virus-fueled decline into its second-straight month.
JPMorgan and Goldman Sachs-backed Members Exchange just got a green light from the SEC to go head-to-head with giants like NYSE and Nasdaq
The Members Exchange, whose backers include Morgan Stanley, Virtu, and Citadel Securities, now plans to go live in the third quarter of 2020.
"We had been expecting a gradual rebound in the spring on the back of the signing of the Phase One trade deal," said Ian Shepherdson.
Oil giant Halliburton laid off almost 1,700 workers across 3 states amid the 'most severe' downturn in a generation, filings show
The oil field service company has cut hundreds of workers from facilities in Texas, Oklahoma, and Colorado in response to the oil-price collapse.
MoneyGram is weathering the pandemic well, but it will have to rely on its digital business to survive the expected drop in remittance volume.
THE RISE OF BANKING-AS-A-SERVICE: The most innovative banks are taking advantage of disruption by inventing a new revenue stream — here's how incumbents can follow suit
Business Insider Intelligence looks at benefits banks stand to gain by offering BaaS platforms and discusses players that have already had success.
Tesla rally may qualify Elon Musk for $700 million payout — 3 days after he complained that shares were too expensive
The payout would give Musk the ability to buy 1.69 million Tesla shares at $350.02 each. The company closed at $761.19 per share on Monday.
Traders betting against airlines made $188 million in a single day after Warren Buffett said he sold all his shares
"The world has changed for the airlines," said Buffett. "The future is much less clear to me about how the business will turn out."
The rally in US stocks has mirrored a rebound off recent lows for crude oil, which was under pressure amid the coronavirus pandemic.
Morgan Stanley says the global economy is bottoming out, signaling a 'sharper but shorter' downturn than the great financial crisis
Morgan Stanley estimates that by mid-May, "54% of the [US] economy will be in a meaningful reopening phase," wrote economist Chetan Ahya.
Financial marketplace GoBear has acquired digital consumer lender AsiaKredit –– allowing the it to expand into two entirely new business lines.
Business Insider Intelligence has put together the following list of 10 Up and Coming Fintechs for 2019.
The US personal savings rate increased from 8% in February to 13.1% in March due to lowered spending from social distancing.
Award-winning fund manager Randall Dishmon says the way to win at investing is to think like a Warren Buffett-style acquirer. Here are the 3 questions he always asks before buying a stock.
Fund manager Randall Dishmon explains how exactly he takes a company's pulse. It's an approach highly indebted to Warren Buffett.
Charles Schwab is launching fractional stock-trading in June, making good on a promise that sent rivals Robinhood and Fidelity racing to offer slices of pricey shares
Brokerage Charles Schwab will offer fractional share trading starting in June with a $5 minimum. Customers can buy fractions of S&P 500 components.
Offices are transforming forever. Here's what to expect when you go back to work — and why it won't be like you remembered.
How employers, real-estate services providers, and landlords are rethinking offices post-coronavirus, and what to expect when you return.
Digital-only bank N26 just raised $100 million. Now, it's rolling out features like contactless payments to cater to users' evolving needs.
The German bank, valued at $3.5 billion, is looking to grow its core markets across Europe and the United States, its US CEO told Business Insider.
The way we shop and pay is transforming as consumers embrace contactless transactions and curbside pickup. Here's everything you need to know.
Ongoing trends like buy now, pay later and contactless payments are accelerating, while new trends like buy online, pick up in-store are emerging.
WeWork is rolling out more job cuts as the coronavirus deals the coworking giant its latest setback. Here's the latest on what's going on inside the company.
After a failed IPO, coworking giant WeWork has been struggling to turn itself around. Here's the latest on job cuts, legal battles, and more.
'Quantamental' investing is suddenly a buzzword in the hedge fund world, and we talked to the CEO of a fintech that just nabbed $8 million to help power the approach
Boosted.ai, a fintech that helps fundamental managers use quantitative skills, just raised an $8 million Series A led by Portag3 Ventures.
AI IN BANKING: Artificial intelligence could be a near $450 billion opportunity for banks — here are the strategies the winners are using
Business Insider Intelligence identifies the most meaningful AI applications across banks' front and middle offices.
BANKING AND PAYMENTS FOR GEN Z: These digital natives are the next big opportunity — here are the winning strategies
Business Insider Intelligence uses a six-point framework to explain the core attributes that Gen Z values in a banking and payments product.
Adam Neumann sues SoftBank for backing out of buying nearly $1 billion of his WeWork shares, saying the investor changed up the terms and he didn't sign off
The lawsuit highlights a new detail about how Marcelo Claure and SoftBank acted in late December that could be key to Neumann's strategy.