Top quant recruiters — D1's startup spree — New round of banker bonuses

Hello, readers.

Happy Saturday, and welcome to Insider Finance. Here’s a rundown of the must-know stories from the past week.

  • We mapped out more than 30 top quant recruiters.
  • Wells Fargo and UBS were the latest Wall Street firms to roll out special bonuses for junior bankers.
  • Jamie Dimon said some JPMorgan employees will start returning to offices within weeks. 
  • D1 Capital has been on a private-investing spree — here are 24 companies it’s backed in 2021.
  • How a $4.2 billion JPMorgan-backed soccer venture ended up a giant mea culpa.

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JPMorgan CEO Jamie Dimon expects the bank’s employees will be back in the office ‘within weeks’ and maskless by October

Jamie Dimon, the CEO of JPMorgan, said on Wednesday that he planned to tell employees to be back in the office within weeks, at least for a day or two. By September, he said, the plan is for half of his corporate workforce to be back full time, and he expects that employees will be maskless in the office by October. Get the full story here.

Wells Fargo is paying its corporate and investment-banking analysts and associates special bonuses up to $20,000 spread across 6 months

Wells Fargo Securities is offering corporate and investment-banking analysts and associates up to $20,000 in special bonuses. Meanwhile, UBS told junior bankers on Wednesday that it was adding a bonus for those promoted to associate.

They’re the latest firms to reward junior bankers as Wall Street grapples with grueling workloads while working from home.

  • And here’s a rundown of all the special bonuses and raises announced in recent weeks.

The talent brokers of quant trading: The headhunters at the forefront of Wall Street’s systematic-trading and data-science hiring frenzy

The market for quant and data-science specialists on Wall Street has perhaps never been hotter. They’re the lifeblood of hedge funds, trading firms, market makers, and bank trading teams.

  • Take an inside look at the secretive world of Wall Street quant recruiting.
  • See our full list of top headhunters.

$21 billion hedge fund D1 Capital has been on a private-investing spree. Here are 24 companies it’s backed in 2021 — from unicorns like Squarespace to corporate-card startup Ramp.

Dan Sundheim’s D1 Capital has made private investments in startups since its inception in 2018.

D1 has participated in funding rounds in hot sectors such as logistics, enterprise SaaS, and e-commerce. We listed all the private investments it’s disclosed publicly in 2021.

What Wall Street bankers really thought about JPMorgan’s $4.2 billion European Super League deal

The European Super League, a breakaway soccer competition, came and went in less than a week. JPMorgan lent $4.2 billion to support the initiative, only to call it a misjudgment on Friday. Get the play-by-play here.

Wall Street people moves roundup 

  • JPMorgan named Eisar Lipkovitz the new CIO of its corporate and investment bank.
  • Tudor Investment’s CTO, Miriam Roiter, is retiring after 25 years building technology at the $9 billion hedge fund.
  • Adam Parker’s Center Lake Capital has lost its top two analysts over the past month.
  • Read our full rundown here. 

Other stories readers loved this week

  • The US economy is barreling toward a boom — and it’s going to be bigger, faster, and weirder than you expect
  • Goldman Sachs wants to hold on to its richest clients’ kids.
  • The $6 trillion family-office industry is gearing up its lobbying machine.
  • 13 power players supercharging growth at DocuSign, the e-contracts company on an M&A streak.
  • AQR has lost more than a third of its assets since the end of 2017.

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