Welcome back! $4 in NYC. Lots of good responses to my callout for guesses on what $4. Two of my favorites: crypto (if it ain't broke, don't fix it) and conquistador (it was a crypto empire, after all).
On tap, we've got stories on $4, FTX has $4, and $4
But first, say, man, $4?
If this was forwarded to you, sign up here>$4. Download Insider's app here>$4.
1. Are you cool, man?
If you have the unfortunate privilege of living in New York City, you've probably noticed weed shops popping up everywhere you look. I know of at least 4 within a two-block radius of my apartment (but who's counting).
And while it's never been easier to get high, that doesn't mean your employer will be as chill with your new hobby. Many big banks, in particular, maintained drug-testing policies for new hires as recently as a few years ago.
Insider canvassed seven big banks that have a significant presence in New York City $4 The majority confirmed that they no longer test job applicants for cannabis, with only two, albeit one major player, declining to comment.
The finance industry is no stranger to drug use, but it's often the type of thing done in the shadows (or bathrooms). That's in contrast to something like the tech industry, where executives often boast about $4 (although $4).
To be clear, I'm not suggesting every banker should start dropping tabs of acid before pitch meetings. Wonder drugs can sometimes have dire consequences, as outlined in $4.
But as the public appetite, $4, for drugs like psychedelics continues to rise, it'll be interesting to see how Wall Street responds.
In other news:
2. So about that comp, Mr. Solomon... Goldman Sachs CEO David Solomon saw his pay cut by roughly 30% following a brutal year at the bank. $4
3. Nobody wants to help with the FTX bankruptcy case. Sam Bankman-Fried, his family, and key insiders have all either ignored or declined requests for more info, $4. But something tells me the lawyers aren't too mad $4.
4. It's JPMangia now. The largest US bank by assets is interested in helping finance a media business for Serie A, the top soccer league in Italy, $4.
5. Turns out FTX might owe top Wall Street banks some money. Goldman Sachs, JPMorgan, and Wells Fargo were named in a list of possible creditors for the crypto exchange in newly released documents. $4
6. Jerome Powell's next move could define his legacy. All eyes are on the Fed's rate-hike decision on February 1. Here's more on why the move will have a massive impact on $4
7. This is not your parents' Franklin Templeton. This story from the Financial Times dives into Franklin Templeton CEO and President Jenny Johnson's effort to modernize a firm long considered old fashioned. $4
8. The top people leading tech at JPMorgan. We mapped out seven key executives reporting to Lori Beer, the bank's global CIO. $4
9. Everything you need to know about the upcoming season of "Succession." Everyone's favorite nepo babies are back! The trailer for season four $4 Here's what to $4.
10. The best and worst drinks at Starbucks, according to people who actually work there. We asked baristas to give us the skinny on what to order. $4
Curated by Dan DeFrancesco in New York. Feedback or tips? Email ddefrancesco@insider.com, tweet $4, or $4. Edited by Jeffrey Cane (tweet @jeffrey_cane>$4) in New York and Hallam Bullock (tweet @hallam_bullock>$4) in London.