Apollo CEO talks culture – Credit Suisse’s talent exodus – PayPal considers Pinterest purchase

Apollo CEO talks culture – Credit Suisse’s talent exodus – PayPal considers Pinterest purchase

Hi, and welcome to Insider Finance. This is deputy editor Meredith Mazzilli. Some news before we dive in: Thank you so much for reading. You can keep up with the latest scoops and inside stories in the meantime by following the team on Twitter And check out "Insider Exclusives," our email alerts that deliver must-know intel to your inbox — you can Insider will be in touch soon with some newsletter updates. In the meantime, Now, let's get started. Apollo's culture was brought into the spotlight during its investor-day presentations yesterday, when CEO Marc Rowan said the job "is just too hard not to have a good time." As it aims for a big growth push, the firm is changing compensation, with investment professionals getting a bigger slice of profits. At least 11 mid- and junior-level employees — including nine directors and a number of MDs and vice presidents — have left Credit Suisse's healthcare banking team. Plus, a life sciences M&A , marking the latest in a series of losses after the bank's Archegos scandal. Pinterest soared as much as 19% on Wednesday after reports surfaced that PayPal is exploring an acquisition of the social-media company for around $39