Summary List Placement
Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:
- More allegations of harassment and discrimination have been filed against $2.2 trillion asset manager Pimco.
- From Citadel to Blackstone, these are the big investors in the Michael Klein SPAC that’s soaring on Lucid Motors deal chatter.
- BlackRock is starting to “dabble” in bitcoin at the behest of its clients.
We are also looking for nominations for upcoming list of top equity research analysts under 35. Find out more about the list, and how to nominate someone here.
More harassment and discrimination allegations against Pimco emerged in a new complaint from three women. Their new allegations have been added to a previous complaint filed in November by two separate women.
Meet the big-name investors set to make a killing as a result of SPAC Churchill Capital Corp. IV’s potential acquisition of Lucid Motors. Read more here.
Robinhood and Melvin Capital’s founders were adamant during Thursday’s Congressional hearing that the billions they raised during the GameStop frenzy were not bailouts or necessary to survive in the moment. See more here.
NBA star Russell Westbrook just backed challenger bank Varo. The startup’s CEO Colin Walsh discussed the investment and the fintech’s plans to get into lending. See more here.
The world’s largest asset manager is getting involved in crypto. Get the full rundown here.
Family members of Robert McKeon, the late founder of Veritas Capital, claim in a new lawsuit they are entitled to some of the money the PE firm received from deals with Dyal Capital last year. Read more here.
Originally published at https://www.businessinsider.com/top-finance-stories-of-the-day-for-february-19-2021-2 on .