Welcome back! $4 in NYC, and I'm fascinated by this $4 on being in Hawaii when an an alert warning about an incoming missile was mistakenly issued five years ago.
Today we've got stories on $4, $4, and $4
But first, we've got some newcomers.
If this was forwarded to you, sign up here>$4. Download Insider's app here>$4.
1. Let's get you settled in.
Wall Street's summer internship is officially here as investment banks open up their doors to eager college students.
The 10-week internship program represents a critical juncture for aspiring Wall Streeters. Success means leaving with a full-time job offer for the following summer.
This year's class has additional pressure, as a dealmaking drought means banks might be a bit more selective in who they ask back.
Lucky for you, Insider's Emmalyse Brownstein has a $4, mapping out the key dos and don'ts.
From my perspective, ensuring you nab a full-time offer is a lot about being average. I realize that might sound sacrilegious to a bunch of type A, ultra-competitive wannabe Wall Streeters, but standing out poses risk
Obviously, you don't want to be viewed as someone at the bottom of the barrel.
But shooting for the stars comes with its own challenges too. Banks were built on red-tape and corporate politics. Trying to "wow" everyone could end up backfiring. (Don't believe me? Read up on the $4)
Take $4 in "Ocean's 11":
"Don't use seven words when four will do. Don't shift your weight. Look always at your mark but don't stare. Be specific but not memorable. Be funny but don't make him laugh. He's got to like you then forget you the moment you've left his sight."
And whatever you do, for God's sake, $4
In other news:
2. Everyone wants an internship at Citadel. The hedge fund, $4, saw a 65% spike in applicants this year. $4
3. Everything you ever wanted to know about moving to the public cloud but were too afraid to ask. Leo Bogdanov, KKR's head of engineering for digital client experiences, details the things he wish he knew before building out a new client portal on AWS. $4
4. One to watch at Goldman Sachs. Nishi Somaiya, the global head of private banking, lending, and deposits at Goldman Sachs, got a shoutout from John Waldron, the bank's COO, during a recent speech. The exec described her as "one of our young, talented next-generation leaders." $4
5. Inside the fintech effect at JPMorgan. Daniel Pinto, the bank's COO, said the threat that digitally focused startups pose to big banks pushed JPMorgan to look into expanding its consumer-banking footprint outside the US. $4
6. Hedge funds are now rolling out comp packages reportedly worth more than $100 million. The war for talent among multi-strategy firms like Millennium, Citadel, and Balyasny has reached a fever pitch, with eye-watering salaries being offered up. $4
7. Citi's CEO says its tech investments have helped it avoid "fat finger" mistakes. The bank, which has a $4, has leaned on new tech to sort out the issue, per Jane Fraser. $4
8. Private credit made easy. Percent is a startup looking to streamline the $4 via its three-sided marketplace. $4
9. Most family offices don't seem to be very good at the most important part of their job. The majority of family offices said they don't have a wealth succession plan in place, per a UBS survey, despite acknowledging that is kind of the whole reason they exist. $4
10. Why you're always tired, and how to fix it. We've got six things that might be causing you to feel a bit out of it, and how to get back on track. $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.