Bonuses ranked for IB analysts

Hiya.

The last two weeks before Labor Day tend to be pretty quiet on Wall Street, but we won't be slowing down. In particular, we could see some news break about high-profile startups officially launching their campaigns to go public.

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.

You can also register here for Business Insider's Master Your Money Live Digital Bootcamp series, presented by Fidelity. Check out the virtual event "How to Be a Smarter Investor Now" on September 15 at 12 p.m.

Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco.

The new normal at Harvard Business School

Take a peak inside one of the world's most prestigious business schools to see how it's ensuring its students still nab sought-after jobs and internships.

Reed Alexander got an exclusive look at how Harvard Business School has adapted in the wake of the coronavirus. Specifically, Reed spoke to administrators about how HBS has adjusted its recruiting schedule.

Traditionally, the timeline for companies to recruit from HBS was fairly standardized. But as a result of the coronavirus, things have changed, with a more flexible recruiting timetable and an army of virtual career coaches and mentors.

Click here for the full story.

Visa just invested in a fintech that wants to eliminate checkout hardware, and it's a peek into the future of how we'll pay for things

The speed of change in the payments industry over the past few months has been pretty incredible to watch. Shannen Balogh has the latest on what continues to be a growing trend: contactless payments. She has all the details on Visa's investment in a fintech focused on that space.

RANKED: Bonuses at 10 bulge-bracket banks, where investment-banking analysts can get $50,000-plus payouts their first year out of college

We've already covered total comp, but how do bonuses for first-year analysts stack up at the largest investment banks. Reed Alexander has you covered. Click here to see which bulge-bracket banks offer the biggest bonuses to their newcomers.

UBS just poached a $3 billion wealth team from Goldman Sachs in one of the Swiss bank's biggest adviser hires of the year, as it pushes for more mega-rich clients

Rebecca Ungarino has all the details on UBS hiring a Goldman Sachs team of financial advisors. You can find all the info, along with insight about what it means for the wealth management space, by clicking here.

Equifax's CTO explains why he's going all in on the public cloud instead of taking baby steps — and how that decision was more critical than picking which provider to go with

Just about everyone is, at the very least, thinking about how to use the public cloud. I got some advice from Bryson Koehler, Equifax's chief technology officer, on what the best approach is. Click here for the full story.

Odd lots:

A top M&A investment banker has sued NYC and a group of building companies over his wife's death after she was crushed by debris that fell from a 17-story building (BI)

'The Big Short 2.0': How Hedge Funds Profited Off the Pain of Malls (NYT)

'I work from 8am to 2am': The lockdown life of overworked and underappreciated junior bankers (FinancialNews)

Money Funds Waive Charges to Keep Yields From Falling Below Zero (WSJ)

TikTok just sued the Trump administration. Here's everything we know about the app's future in the US — and everything we don't. (BI)

A virtual law firm is hiring freelance lawyers to create a Netflix-style subscription legal service that could disrupt the US legal industry (BI)