Saturday, July 31

BlackRock

Asset Management, BlackRock, Careers, Finance, Finance Insider, Goldman, hedge fund, Markets, SVB Leerink

Meet Young Wall Street’s diversity champions

Hello readers, Happy Saturday, and welcome to Insider Finance. Here's a rundown of trending stories from the past week:If this email was forwarded to you, sign up here to get your daily dose of the stories dominating banking, business, and big deals.How SVB Leerink is luring top bankers with juicy pay and a big opportunity to build a new dealmaking powerhouse Samantha Lee/I...
Big Tech, BlackRock, Health Care, infrastructure bill, Markets, MI Exclusive, Stocks

Big tech and healthcare stocks stand to lose most from potential Biden tax hikes, BlackRock says

Shannon Stapleton/Reuters Large-cap tech and healthcare stocks could suffer the most if US taxes go up or if a global minimum tax is enacted, BlackRock analysts wrote in a note. The category with the biggest market cap and lowest effective rate was information technology, including the likes of Amazon and Microsoft. The analysts suggested investors consider small- and medium-cap firms that are less exposed to international tax changes. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Large-cap tech and healthcare stocks could suffer the most if US taxes go up or if a global minimum tax is enacted, BlackRock analysts wrote in a note on Monday.The note examined effective tax rates for each sector of the S&P 500, comparing them to the sector's relative mark...