Goldman, BofA Vie for Anthropic IPO Windfalls as 5 Banks Court Employee Wealth
Updated
Updated · Bloomberg · Sep 13
Goldman, BofA Vie for Anthropic IPO Windfalls as 5 Banks Court Employee Wealth
2 articles · Updated · Bloomberg · Sep 13
Summary
Goldman Sachs and Bank of America are leading a contest to manage the wealth Anthropic employees are expected to gain from the AI company’s anticipated IPO.
Five banks — Goldman, BofA, BNY Mellon’s wealth unit, JPMorgan and Wells Fargo — have discussed with Anthropic how to offer employees a vetted list of advisers.
The push extends Wall Street’s competition beyond winning roles on Anthropic’s blockbuster listing to capturing the personal assets created by that deal.