The JPMorgan Corporate Challenge is back for another year and Street Talk has got its hot little hands on the host’s starting lineup.
The challenge is a 5.6km corporate footrace around Sydney’s Centennial Park – the only thing that rivals the league tables for competitiveness.
JPMorgan’s hopes are pinned on Erol Sertbas, an investment banking associate in the capital markets team. Sertbas was JPMorgan’s fastest finisher last year at 19 minutes 42 seconds (#25 overall) and is going for a PB.
Fund servicing senior associate Alice Davey is carrying the flag for the JPMorgan women, aiming for a time of 20 minutes flat.
The investment bank’s top brass will also be fronting up to compete – chief executive Rob Bedwell, head of investment banking Julian Peck, head of payments Bianca Bates, co-head of ECM Jonas Troeber and head of Australian equity research Jason Steed.
Over 400 companies have registered teams in the sprint including Macquarie, EY, Deloitte, Lendlease and CBA. Ten thousand runners are set to don company merch, mill around the corporate tents and upload their times to Strava.
Attendees will be watching to see if Reserve Bank speedster Jack Hillier can replicate his winning time of 18 minutes 3 seconds in last year’s race. Westpac senior manager Lexy Gilmour ran a blistering 19 minutes 37 seconds, becoming the fastest woman last year.
A court hearing has cleared the way for Mineral Resources to acquire the Bald Hill lithium mine, Brad Thompson writes.Greg Lippmann, the trader who was immortalised in Michael Lewis’s book The Big Short, sees a soft landing by the Federal Reserve as unlikely, he told Bloomberg News.Ken Griffin’s Citadel is preparing to push back against the US Securities and Exchange Commission’s WhatsApp probe, Bloomberg reports.
The chart
Short interest in Genesis Minerals sat at a benign 2.8 per cent on September 14 but within a week had shot up to 9.4 per cent. That’s more than triple the base number.