Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:
Investment banking is grappling with a shortage of available junior talent to fill open roles — and as a result, some banks are reconsidering how they recruit talent.
A top KKR exec explains how giving stock to hourly workers at its portfolio companies has increased retention and productivity
KKR exec Pete Stavros started researching employee stock ownership after seeing his dad face challenges as a low-income hourly worker. See what else Stavros said about giving stock to his workers.
FIS executives Sairam Rangachari and Rob Lee discuss why they are big believers in the power of crypto for community banks. Here’s what they said.
Homeowners are selling to ‘instant buyers’ that scoop up their houses for cash and resell them for tens of thousands more weeks later. But many have no regrets — and the companies are making bank. (Insider)