Credit Suisse credit traders jump to HSBC

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Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:

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Why General Atlantic’s top healthcare dealmaker is betting on telemedicine sticking around long after the pandemic subsides

© General Atlantic General Atlantic

We spoke with General Atlantic’s Robbert Vorhoff, who said that tech innovation is driving growth in healthcare. Here’s what else he told us.

A top exec at money manager Vanguard broke down its plans to bring ‘low-cost, high-outcome’ private equity funds to the average investor

© Fran Kinniry Fran Kinniry

Vanguard is working to bring private equity – something that traditionally has been accessible only to the most sophisticated investors and institutions – to retail investors. Fran Kinniry explains the firm’s plans.

2 legal-tech companies just filed to go public. Here’s everything you need to know about Intapp and LegalZoom, and their plans for growth.

© Provided by Business Insider Intapp

Intapp wants to ride the cloud-based SaaS wave, while LegalZoom is facing some legal concerns. These are the other key takeaways from their S-1 filings.

Revolut, a $5.5 billion fintech, is hiring an investor-relations team in a step normally taken by soon-to-IPO startups

© Revolut Revolut

Hiring an investor-relations team is a step normally taken by firms wanting to go public. But insiders said the hires were, for now, about managing Revolut’s growing list of private investors. More on that here.

HSBC has hired 8 traders for its credit division- including a team lift-out from from Credit Suisse – circling the wagons after a wave of defections

© AP Photo/Frank Augstein AP Photo/Frank Augstein

The bank has hired a new head of investment-grade credit trading as part of a team lift-out from Credit Suisse, according to sources familiar with the matter. Here’s everything we know.

Meet the Zillow mafia: These 9 former execs are raising hundreds of millions for their own startups and taking over the real estate tech world

© Provided by Business Insider Sapphire Ventures; Julia Marshall; Tomo; Pacaso; Jessica Chao; NFX; Samantha Lee/Insider

Former Zillow executives have gone on to found proptech startups such as Tomo, Pacaso, and Divvy. Check out the full list here.

Odd lots:

Inside Credit Suisse’s $5.5 Billion Breakdown (WSJ)

The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax (ProPublica)

Crypto Lender BlockFi in Talks to Raise Funding at $5 Billion Valuation (The Information)

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