Aaron Rodgers makes ‘Jeopardy!’ hosting debut, gets trolled about Packers’ NFC championship field goal

Credit Suisse's head of equities trading is stepping down as the bank braces for a huge hit from the Archegos collapse

  • Paul Galietto, head of equities sales and trading at Credit Suisse, is stepping down, according to a source with knowledge of the move.
  • His exit comes as the bank grapples with what could be a loss totalling in the billions tied to the blowup of Archegos Capital Management. 
  • Investment banking chief Brian Chin and Chief Risk Officer Lara Warner are also set to depart, Bloomberg News and the Financial Times reported. 
  • See more stories on Insider’s business page.

The head of equities sales and trading at Credit Suisse is stepping down, according to a person with knowledge of the move, as the bank grapples with what could be a loss totalling in the billions tied to the blowup of Archegos Capital Management. 

Equities chief Paul Galietto joined Credit Suisse in 2017 and previously worked as the bank’s global head of prime services and head of Americas equities. A spokesperson declined to comment on Monday. 

Investment banking chief Brian Chin is also leaving the bank, Bloomberg News reported on Monday, citing people familiar with the matter. Chief Risk Officer Lara Warner is also set to depart, the Financial Times reported later on Monday, citing people with knowledge of the move. 

This is a developing story and will be updated. 

Big win for Democrats: Senate parliamentarian to allow 2 more bills to bypass a potential GOP filibuster

  • The Senate parliamentarian on Monday cleared the way for Senate Majority Leader Chuck Schumer to use reconciliation to pass two additional pieces of legislation.
  • Reconciliation allows bills to bypass a potential GOP filibuster.
  • This could have implications for President Joe Biden’s infrastructure package.
  • See more stories on Insider’s business page.

The Senate parliamentarian on Monday cleared the way for Senate Majority Leader Chuck Schumer to use reconciliation to pass two additional pieces of legislation, allowing them to bypass a potential GOP filibuster, Schumer’s office said. The legislation can pass with standard majority votes, instead of two-thirds majority support in the Senate.

This could have implications for President Joe Biden’s infrastructure package.

The move means that Schumer can pass Biden’s $2.25 trillion jobs and infrastructure package through a revision of the 2021 Budget Resolution, a process that can also be used to pass the second half of the package, The Hill reported.

Schumer’s spokesperson said that the development, “allows Democrats additional tools to improve the lives of Americans if Republican obstruction continues.”

This story is breaking. Check back for updates.

Vikings first-round cornerback Jeff Gladney arrested on assault charge

Minnesota Vikings cornerback Jeff Gladney turned himself in to authorities in Dallas on Monday following an alleged incident of domestic violence.

The Dallas Police Department said a warrant was issued for Gladney's arrest after he allegedly assaulted a 22-year-old woman on Friday. The two were involved in a verbal altercation "over content in a cell phone" that later escalated to physical violence, according to the statement from police.

Gladney, the No. 31 overall pick in last year's NFL draft, is facing a charge of assault/family violence, which is a third-degree felony under Texas law. He briefly reported to a Dallas jail Monday morning before posting bond, according to jail records.

It was unclear as of Monday night if Gladney had retained an attorney. A representative for the 24-year-old did not immediately respond to an email seeking comment.

Montana Gov. Greg Gianforte tests positive for COVID-19

  • Montana Gov. Greg Gianforte has tested positive for COVID-19, according to local outlet KULR-8. 
  • See more stories on Insider’s business page.

Montana Gov. Greg Gianforte has tested positive for COVID-19, according to local outlet KULR-8. The governor’s wife is reportedly awaiting test results, and the two are quarantining for 10 days, according to the report.

Gianforte, a Republican governor, had dropped Montana’s mask mandate on February 12, and he loosened restrictions on businesses in recent months.

This story is breaking. Check back for updates.

Aaron Rodgers makes ‘Jeopardy!’ hosting debut, gets trolled about Packers’ NFC championship field goal

Green Bay Packers quarterback Aaron Rodgers had a solid performance on the first day of his two-week stint guest hosting "Jeopardy!", even if one of the contestants had a little fun at his expense at the end.

Two-day champion Scott Shewfeld was in a distant second place to challenger Brandon Deutsch going into Final Jeopardy. Unable to catch the leader, he went for a laugh by writing, “Who wanted to kick that field goal?” as his question.

That, of course, was a reference to the Packers’ playoff loss to eventual Super Bowl champion Tampa Bay Buccaneers in the NFC championship game, in which Green Bay went for a field goal when trailing by eight points in the fourth quarter and never got the ball back.

Rodgers was taken aback for a moment but recovered quickly after the audible laughter in the studio died down. “That’s a really good question, Scott,” he said, “but it’s not the right one here.”