Banking

JPM to buy The Infatuation — Chase cards’ new CEO — New vax mandates

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JPMorgan is buying restaurant-review site The Infatuation

jamie dimon jpmorgan



Mike Blake/Reuters


As banks and credit card providers look to woo customers interested in travel and dining, JPMorgan Chase has struck a deal to buy The Infatuation. Known for its restaurant recommendations, The Infatuation will continue to operate as a separate brand under JPMorgan. Here’s what we know so far.


JPMorgan taps Allison Beer as CEO of Chase’s card business

JPMorgan Chase



Justin Sullivan/Getty Images


According to Reuters, JPMorgan has appointed Allison Beer as the chief executive officer of cards at Chase, making her the third woman in a row to take the role.


Companies with more than 100 employees must mandate vax

joe biden



Kent Nishimura / Los Angeles Times via Getty Images


The Biden Administration announced that all companies with more than 100 workers must mandate the Covid-19 vaccine or weekly testing, in a move that will affect 80 million people. Everything you need to know about the decision.


The billionaire rebuilding the World Trade Center might not live to see it finished

A headshot of Larry Silverstein recently in his 38th floor office at 7 World Trade Center



Crystal Cox/Insider


Larry Silverstein, the 90-year-old developer who has built three towers since 9/11, still has two left to raise before his multibillion-dollar project is complete. And while things were going as expected until the pandemic, the burgeoning support for working from home might complicate his two-decade effort to restore the site.


KKR appointed its first chief diversity officer

KKR's logo on a screen at the New York Stock Exchange.



Brendan McDermid/Reuters


After a 20-year run with Goldman Sachs, Kerryann Benjamin has joined KKR as its first chief diversity officer and head of talent management. Get the latest on her new role with the private-equity giant.


Goldman Sachs is pushing rival bankers to expletive-ridden tirades

Goldman Sachs' global co-heads of investment banking, Jim Esposito and Dan Dees with an orange up-trending arrow and Goldman Sachs arrows patterned behind them on a blue background



Goldman Sachs; Samantha Lee/Insider


Goldman advised AT&T in its blockbuster tie-up of WarnerMedia with Discovery earlier this year, despite being a lower-tier lender to AT&T and having a balance sheet roughly one-third the size of rival JPMorgan — sending rival bankers spiraling into bouts of expletives. How Goldman is netting major M&A deals.


VCs and PE funds have a new competitor: wealthy families

wavy dollar bills against a bright yellow background



PM Images


More family offices are chasing direct deals to get bigger returns — and going up against  private-equity firms and venture-capital players to do so. More on the new generation of wealthy families hunting down deals.


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