The plan to save JCPenney — Fidelity salaries — Big 4 hiring plans

Welcome back!

Last week was an absolute whirlwind of big news, and that was only a four-day work week. I can only imagine what this week has in store for us. 

If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.

Like the newsletter? Hate the newsletter? Feel free to drop me a line at [email protected] or on Twitter @DanDeFrancesco. 

The plan to save JCPenney

Great scoop over the weekend out of Daniel Geiger regarding a possible new entrant into the plan to save JCPenney. 

Authentic Brands Group, which is home to brands such as Nautica, Spyder, Vince Camuto, and Nine West, is in talks to join the planned rescue of JCPenney that is currently being led by Simon Property Group and Brookfield Property Group. 

Daniel has all the details on the potential deal, and what it could mean for the future of JCPenney, the once-beloved department store that has fallen on hard times in recent years. 

Click here to read the full story.

Fidelity salaries revealed: What the money management behemoth pays for tech-focused roles, from software engineers to data scientists

Who doesn't like taking a peak into someone else's pocket every once and a while? Alex Nicoll and Rebecca Ungarino take a look at salaries for Fidelity's tech employees. Check out what engineers, analysts, and data scientists can expect to make at the asset manager.

Big 4 firms are hiring fewer MBA candidates. 2 business school career counselors share their advice for grads looking for accounting and consulting jobs.

Offices of Deloitte are seen in LondonReuters

Current MBA students future is very much in flux. Samantha Stokes spoke to some business school career counselors about what to expect as far as recruitment from the Big 4 consulting and accounting firms, which are typically a big-time landing spot for recent MBA grads.

Inside a Carlyle-led $175 million investment in digital-healthcare firm Grand Rounds: How the deal came together and what it says about the future of healthcare.

Casey Sullivan took an inside look at private-equity giant The Carlyle Group's investment in Grand Rapids, an online healthcare assistant. Read all the details about how the deal came together.

Odd lots:

The Wildly Popular Trades Behind the Market's Swoon and Surge (WSJ)

The New 'Blank Check' Barons Are Coming for Wall Street (Bloomberg)

Second Top Female Executive at Bridgewater Says Firm Paid Her Less Than Men (WSJ)

A pod of 'crazy' killer whales is launching coordinated attacks on boats, terrifying the sailors and baffling scientists (Insider)

“UKLearn more about the financial services industry

Source: Read Full Article