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David Solomon wants more face time - Cuts are back at BoA -BlackRock teams up with Snowflake

Hello, readers!Happy Saturday, and welcome to Insider Finance. Here's a rundown of the must-know stories from the past week:

Insiders say Bank of America is culling traders and bankers again after pausing cuts during the pandemic



Goldman Sachs CEO David Solomon wants this year's summer analysts working in the office



Here's our weekly roundup of must-know Wall Street people moves



A quartet of ex-Goldman Sachs trading execs have raised $14 million to build a new trading venue



BlackRock's Aladdin business and cloud-data storage firm Snowflake are partnering up

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David Solomon wants more face time - Cuts are back at BoA -BlackRock teams up with Snowflake

Goldman Sachs CEO David Solomon speaks at the 2019 Milken Institute Global Conference
Michael Kovac/Getty Images

Goldman CEO wants this summer's interns in the office and says remote work has had an 'enormous impact' on how the bank operates

One of Wall Street's most influential CEOs has dumped a bucket of cold water on the idea of long-term remote work and a second year of virtual summer internships, as uncertainty looms about the threat created by the coronavirus pandemic.
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