SoftBank cuts Chinese deals – Robinhood’s new $140M buy – The rich keep borrowing

SoftBank cuts Chinese deals – Robinhood’s new $140M buy – The rich keep borrowing

Welcome to Insider Finance. If this was forwarded to you, . Plus, download Insider's app for news on the go – and . On the agenda today: Let's get started. Amid Beijing's ongoing crackdown on the private sector, SoftBank's founder Masayoshi Son said the company will cut investments in Chinese startups pending further regulatory clarity. Robinhood announced the deal with Say Technologies, a startup focused on increasing proxy voting, as meme stocks struggle to get participation from retail investors. We explain what proxy voting is — Loan growth has slowed at , except among the clients that need them least: America's rich. We spoke with bank execs and analysts to understand Fintechs are increasingly poaching Wall Street talent, and Brex is the latest to do so. The San Francisco-based company just hired Kome Emuh, a former Goldman Sachs VP, as its chief of staff for engineering. Private equity remains one of the most competitive jobs on Wall Street. The high-risk, high-reward world of PE is an attractive option for young bankers and recent grads — and has only gotten more cutthroat over the past year. From the recruiting timeline to interview tips, Rahul Vohra, the cofounder and CEO of email