Moelis banker resigns from company after video appearing to show him punching a woman at Pride event

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New York City
The incident may have resulted from a clash about the Israel-Gaza war.

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More than half of banking jobs could be automated by AI — but banks will be slow to adopt, Citi report says

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wall street 2030 wealth management 4x3

Simon Dawson/REUTERS; Samantha Lee/Business Insider

Wells Fargo fired employees accused of faking work. It shows some bosses are cracking down on disengagement.

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People walk by a Wells Fargo location

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I left JP Morgan and escaped the 'golden handcuffs.' I have no regrets.

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Golden handcuffs around a JP Morgan office building

Brais G Rouco/SOPA Images/LightRocket via Getty Images; Stock; Rebecca Zisser/BI

I worked at SpaceX where Elon Musk was a cubicle away. At Elon's companies, it's add value or leave.

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Employees at SpaceX

CHANDAN KHANNA/Getty Images

2 bankers leave firm after investigation into their conduct with a cleaning contractor

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The City of London
The City of London.

Karl Hendon

Caviar, champagne, and IPOs: At the Jefferies Private Internet Conference, tech dealmaking was back

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Nobu Malibu
The closing party for theJefferies Private Internet Conference 2024 was held at Nobu

Ben Bergman/BI

A Wall Street firm wants to collect a $4 million breakup fee from a banker who never started his job. Judges will soon rule if that's legal.

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money
Jefferies inserted a $4 million break-up fee in an offer contract and wants it to be paid.

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These are the 25 best internships of 2024, based on pay and career opportunities

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two coworkers smiling while sitting at a desk doing work
Many of the top internships in Glassdoor's ranking are in tech, finance, and consulting.

Anchiy

The government is now monitoring online stores in games like Roblox and Fortnite for their 'buyer beware' approach

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A pack of Roblox gift cards spread out on a table.
The Consumer Financial Protection Bureau is starting to monitor stores in online games like Roblox.

Courtesy of Richard Sim

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