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Four years ago, Jack Ma was the embodiment of China’s spectacular economic rise. Already the country’s wealthiest and most famous businessman, he was poised to become one of the richest in the world. The expected initial public offering of Mr. Ma’s fintech company, Ant Group, was projected to surpass the record-shattering launch of his e-commerce giant, Alibaba. At the same time, another wealthy Chinese businessman was awaiting a very different fate. Mr. Xiao had amassed a fortune manipulating markets and cultivating close ties to relatives of top Chinese officials, and he was about to be made an example.

Persons: Jack Ma, Ma’s, Bill Gates, Steve Jobs, Xiao Jianhua, Xiao Organizations: Ant, The New York Times Locations: China

☆ CFPB cracks down on popular paycheck advance programs. Here's what that means for workers
▼ + stars: | 2024-07-19 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

Tierney L. Cross/Bloomberg via Getty ImagesThe Consumer Financial Protection Bureau is cracking down on so-called paycheck advance programs, which have grown popular with workers in recent years. Such programs, also known as earned wage access, allow workers to tap their paychecks before payday, often for a fee, according to the CFPB. More than 7 million workers accessed about $22 billion in wages before payday in 2022, according to a CFPB analysis of employer-sponsored programs also published Thursday. Consumers may encounter earned wage access under various names, like daily pay, instant pay, accrued wage access, same-day pay and on-demand pay. However, most users do pay fees, CFPB found in its analysis of employer-sponsored programs.

Persons: Rohit Chopra, Tierney L, Biden, CFPB's, they've, Phil Goldfeder, Goldfeder, It's, hasn't, EarnIn, CFPB, Mitria Spotser, EWA Organizations: Consumer Financial Protection, Financial, Bloomberg, Getty, California Department of Financial Protection, Innovation, Federal Reserve, Finance, American Fintech Council, Biden, Workers, Center for Responsible

The information for the following product(s) has been collected independently by Business Insider: Chase Freedom Flex®, American Express® Green Card, Amex EveryDay® Credit Card, Amex EveryDay® Preferred Credit Card, Citi Strata Premier℠ Card, Citi Prestige® Card, Citi® Double Cash Card, Citi Custom Cash℠ Card, Citi Rewards+® Card, Capital One Savor Cash Rewards Credit Card†. Introduction to transferable credit card rewardsAmong people well versed in rewards credit cards, there's a bit of common knowledge: Not all rewards are created equal. Several banks and rewards programs offer transferable points: Chase Ultimate Rewards® and American Express Membership Rewards, Citi ThankYou Rewards, Capital One Miles, Bilt Rewards, and Wells Fargo Autograph Rewards. Choosing the right card for transferable rewardsThe best transferable-point credit card for you depends on what credit card rewards program is most appealing. Transferable credit card rewards frequently asked questionsWhat makes transferable credit card rewards valuable?

Persons: Wells, Chase, Miles, cardholders, that's, Wells Fargo, we've, United Airlines —, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, You'll Organizations: Business, American, Citi Strata Premier, Card, Citi Prestige, Citi, American Express, Delta Air Lines, Bilt, Alaska Airlines —, Mastercard, Miles, Capital, United Airlines, Marriott, Hyatt, Bank, United, Chase Travel, Chase, Express, Hilton, Saks, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, TSA, Global, Saks Fifth, Sapphire, Premier, CitiTravel.com, EV Locations: Wells Fargo, Here's, Southwest, Wells, Chicago, Munich, Hulu, Capital, Chevron

Read Business Insider's guide to the best travel rewards credit cards. But the smartest award hounds are using these popular tools to maximize their rewardsWhy use a credit card rewards tracking app? But no such tool exists as of today, so many dedicated award hounds use a combination of the apps below to track all of their credit card rewards. Top credit card rewards tracking appsAwardWallet: Best for tracking multiple loyalty programsCardPointers: Best for managing your wallet and maximizing credit card offersTravel Freely: Best for couples earning points togetherMaxRewards: Best for monitoring credit alongside of rewardsAwardWalletCost: Freemium — Free version works for most. However, MaxRewards sets itself apart with a running progress bar of the credit card balance you're carrying, and your credit utilization ratio.

Persons: CardPointers, Chase, Amex, You'll, MaxRewards, Read, it's, you'll, point.me, Roame, Seats.aero Organizations: Read, Citi, Security, Amex, Chase, MaxRewards Gold, Google, American, American Express, Business Locations: Amex, Japan, Aeromexico, Asia, North America, Singapore, Chevron

Analyst Didier Scemama reiterated his buy rating and kept his $1,406 12-month price target on the stock, which implies shares can jump 50.8%. She noted that Palo Alto, which is up 12.5% year to date, continued to soar even as growth in cybersecurity-tied AI winners slowed. "However, consensus expects a sharp reacceleration in dollar growth from FY26 onwards, which we view as unlikely," the analyst added. "We view Palo Alto more defensive as it is skewed to a stickier customer base and a wider moat." — Pia Singh 5:45 a.m.: Baird upgrades elf Beauty There's a big buying opportunity in elf shares, according to Baird.

Persons: Baird, Morgan Stanley, Didier Scemama, Scemama, — Pia Singh, Dan Dolev, Dolev, Nina Marques, Marques, Palo, Morgan, Alex Straton, Straton, Mark Altschwager, Altschwager, — Fred Imbert Organizations: CNBC, Bank of America, of America, CMD, Mizuho, Mizuho Securities, Walmart, Palo Alto Networks, Palo, Palo Alto, Trump Locations: U.S, Palo Alto, Wednesday's, cybersecurity, China

☆ Ron Insana: Look to the U.S. for economic resilience and continued global stock market leadership
▼ + stars: | 2024-07-13 | by ( Ron Insana | ) www.cnbc.com time to read: +4 min

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. The S&P 500 is up nearly 18% in 2024, while the Nasdaq Composite is up 22% in that same time frame. Americans have often been accused, especially by those living abroad, of having a rather narrow view of the world. But President Xi Jinping's "party over prosperity" political model continues to dampen enthusiasm among both foreign investors and domestic consumers. There may be a day that that becomes true and other economies and markets may prove more alluring, but that day has yet to come.

Persons: it's, Xi Jinping's, It's, Dorothy Gale of, Ron Insana Organizations: New York Stock Exchange, Nasdaq, U.S, National Institution for Finance, Development, Monetary Fund, Overseas, Treasurys, U.S ., CNBC Locations: New York City, U.S, Japan, Argentina, Turkey, China, Shanghai, Italy, Spain, America, Dorothy Gale of Kansas

☆ Banks in Synapse mess make progress toward releasing deposits of stranded fintech customers
▼ + stars: | 2024-07-11 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

There may be relief for the thousands of Americans whose savings have been locked in frozen fintech accounts for the past two months. Banks involved in the mess caused by the collapse of fintech intermediary Synapse have made progress piecing together account information for stranded customers that could result in a release of funds in a matter of weeks, according to a person briefed on the matter. The development comes as regulators, including the Federal Reserve and the Federal Deposit Insurance Corporation, pressure the banks involved to release funds after media and lawmakers have heightened awareness of the debacle. Beginning in May, more than 100,000 customers of fintech apps like Yotta, Juno and Copper have been locked out of their accounts. "We're strongly encouraging Evolve to do whatever it can to help make money available to those depositors," Federal Reserve Chair Jerome Powell told the Senate banking committee Tuesday.

Persons: Banks, We're, Jerome Powell, Scot Lenoir, Jelena McWilliams, Sankaet Pathak Organizations: Staff, Evolve Bank & Trust, Bank, Synapse, Federal Reserve, Federal Deposit Insurance Corporation, Evolve Locations: California

This week, the 28-year-old venture capital firm debuted a new pair of funds totaling $2.3 billion, a substantial sum during an abysmal time for the industry's fundraising efforts. The European-born firm is structured in a way that investors across continents invest out of the same funds. The new funds include $800 million to invest at the early stage and $1.5 billion to invest in growth. Those figures are slightly down from the firm's last fundraise, when it collected $900 million for an early-stage fund and $2 billion for a growth fund. That year, Index saw seven portfolio companies go public at a market cap of more than $1 billion, including Roblox and Robinhood.

Persons: —, Nina Achadjian, Sofia Dolfe, Ishani Thakur, Vlad Loktev, Erin Price, Wright, Andreessen, Mark Goldberg, He's, Ethan Kurzweil, Kristina Shen, Mike Volpi, Greycroft Organizations: Service, Ventures, Business, San, Labs, Bessemer Venture Partners, Menlo Ventures Locations: San, West Coast, San Francisco, Index's London, New York, London, Europe

☆ The world's top 250 fintech companies of 2024
▼ + stars: | 2024-07-10 | by ( Ryan Browne | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe world's top 250 fintech companies of 2024Using a rigorous methodology, CNBC and Statista named the top 250 fintech companies globally for 2024. CNBC Tech Correspondent Ryan Browne has more.

Persons: Statista, Ryan Browne Organizations: CNBC, CNBC Tech

☆ Affirm's CEO opens up about the buy-now, pay-later company's IPO and why he doesn't sweat when the stock slumps
▼ + stars: | 2024-07-09 | by ( Bianca Chan | ) www.businessinsider.com time to read: +6 min

Max Levchin, Affirm's CEO and a PayPal alum, shares advice for founders considering going public. As a buy-now, pay-later company, Affirm's business model was built on the promise of repayment as it enabled consumers to finance their online purchases. As the pipeline of IPOs starts to build up again, including the anticipated debut of Affirm's buy-now, pay-later rival Klarna, Business Insider spoke with Levchin about Affirm's IPO. It's not uncommon to see startups hiring executives such as a president or CFO in anticipation of going public. Since Affirm's CFO and chief legal officer largely spearheaded the IPO process, Levchin said he was left to focus on the company's short- and long-term plans for the capital.

Persons: Max Levchin, —, Levchin, Affirm's, he'd, PayPal, It's Organizations: Nasdaq, PayPal, Service, Business, underwriters

☆ I quit Merrill Lynch to start my own business. Leaving a 7-figure income and cushy corporate perks was hard, but I don't regret it.
▼ + stars: | 2024-07-09 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. It was not easy to leave the comfort of my corner office, corporate perks, and awards and recognition at a big Wall Street bank. I felt like I needed to take a bigger leap and start my own thing, but I had no idea how to start a business. I don't go to the office much anymore, though most of my team chooses to go into the office. Had I stayed at a big Wall Street bank, I never would've been able to start my other businesses.

Persons: —, Chad Willardson, Merrill Lynch, Morgan Stanley, Goldman Sachs, I've, it's, Warren Buffett Organizations: Service, Pacific, Business, UBS, LinkedIn, Entrepreneurship Locations: Orange County , California, Southern California

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Meta, PNC, Domino's, Charles Schwab, Roblox, SolarEdge & more
▼ + stars: | 2024-07-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Monday's biggest calls on Wall Street: UBS reiterates Nvidia as buy UBS raised its price target on Nvidia to $150 per share from $120. Stifel upgrades Ecolab to buy from hold Stifel said it's bullish on shares of the food safety company. KBW upgrades Charles Schwab to outperform from market perform KBW said it's getting bullish on shares of Charles Schwab. Wells Fargo reiterates Meta as overweight Wells raised its price target on Meta to $625 per share from $593. Wells Fargo reiterates Roblox as overweight Wells raised its price target on the stock to $43 per share from $41 ahead of earnings on August 1.

Persons: Stifel, it's, Morgan Stanley, Charles Schwab, KBW, Guggenheim, ServiceNow, Wells, Riley, Emerson, Redburn, Wolfe, JPM, Raymond James, Gilead, Bumble, TD Cowen, Oppenheimer, Jefferies, Baird, Wedbush, RBLX Organizations: UBS, Nvidia, Taiwan Semiconductor, Meta, PNC, Bank of America, underperform Bank of America, Medicines, NSC, Apple, JPMorgan, Disney Locations: 2H24, Columbia, Norfolk, Asia

☆ Klarna CEO explains why it's important to give younger employees a shot at management and promote from within
▼ + stars: | 2024-07-06 | by ( Jaures Yip | ) www.businessinsider.com time to read: +3 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWhile companies have been getting stingier with promotions in recent years, Klarna CEO Sebastian Siemiatkowski's philosophy has been quite the opposite. While employees may like this sentiment of nurturing internal talent, employers have veered in the opposite direction in recent years. AdvertisementHowever, Siemiatkowski, who became a CEO at just 23, said that he thinks it's "critical" to allow younger employees to progress with the company.

Persons: —, Sebastian Siemiatkowski's, Siemiatkowski, Logan Bartlett, Niklas Adalberth, fintech, Yaron Shaer, David Fock, he's Organizations: Service, Business, Volvo Trucks

☆ Ron Insana: Why this jobs report should spur the Fed to cut rates in July
▼ + stars: | 2024-07-05 | by ( Ron Insana | ) www.cnbc.com time to read: +3 min

It's time for the Fed to cut rates at the end of July. Add to that the moderation in the consumer price index , the producer price index and the personal consumption expenditures price index – the Fed's preferred inflation gauge – and the need to wait for further signs of improvement seems like overkill. Also, if the Fed dials back policy later – rather than sooner – there will be claims of political interference if it cut rates immediately before the presidential election. The central bank has been dealing with an economy-crashing pandemic, a surge in prices and uncertainty over how its policies would affect the broad economy, inflation and consumer behavior over time. This is a factor that will likely drive inflation rates lower.

Persons: Adrian –, –, Mickey, Dow Jones, Joe Biden, Adrian . Go, Ron Insana Organizations: Federal Reserve, Fed, Dow, New York Federal, Atlanta, CNBC

☆ Fintech app customers locked out of bank accounts after middleman Synapse declares bankruptcy
▼ + stars: | 2024-07-03 | by ( Hugh Son | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFintech app customers locked out of bank accounts after middleman Synapse declares bankruptcyCNBC's Hugh Son reports on news from the fintech space.

Persons: Hugh Son Organizations: Synapse

☆ There are 3 new types of fintech consumers. Here's who they are and what they want from their banking experience.
▼ + stars: | 2024-07-03 | by ( Sponsor Post | Sponsored Visa | ) www.businessinsider.com time to read: +6 min

Relevance to this demographic starts with understanding the subtle nuances among these three different groups of fintech consumers. Fintech Pioneers: the big spendersYoung affluent consumers are embracing a variety of payment methods, from cryptocurrency accounts to cross-border payment accounts. The technology revolution in banking lets these "Fintech Pioneers" accrue benefits and manage their finances in an efficient way that doesn't disrupt their lifestyles. They don't want to constantly vet new fintech solutions, or risk encountering technical glitches that can jeopardize their finances. The combination indicates their embrace of age-old exchange methods while still being open to fintech and new payment methods.

Persons: Fintech isn't, it's, aren't, They're Organizations: Fintech, Tech, Visa's, Insider Studios, Visa

☆ How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts
▼ + stars: | 2024-07-02 | by ( Hugh Son | ) www.cnbc.com time to read: +10 min

Craft had her wages deposited directly into a Yotta account and used the startup's debit card to pay for all her expenses. CNBC reached out to fintech customers whose lives have been upended by the Synapse debacle. Instead of spending years and millions of dollars trying to acquire or become banks, startups got quick access to essential services they needed to offer. They account for 60% of all new fintech account openings, according to data provider Curinos. The FDIC's exact language about whether fintech customers are eligible for coverage: "The short answer is: it depends."

Persons: Natasha Craft, Craft, fintech, Adam Moelis, Sankaet Pathak, Michele Alt, Scott Sanborn, Sanborn, LendingClub, she's, Rick Davies, Taylor Stitch, " Davies, He's, he's, Davies, hasn't Organizations: FedEx, CNBC, Federal Deposit Insurance Corp, Synapse, Indiana FedEx, Disney, Bank, Trust, JPMorgan Chase, Klaros, PayPal, Getty, Financial Technology Association, D.C, Block, Regulators, Federal Reserve, FDIC, Oakland, San, OCC Locations: Mishawaka , Indiana, Craft, Oakland , California, New York City, Santa Barbara , California, Maryland, Bristol , Connecticut, Seattle, Tennessee, Yotta, Boston, Washington, fintechs, Silicon, San Francisco

☆ Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit
▼ + stars: | 2024-07-02 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

LONDON — The boss of British financial technology giant Revolut told CNBC he is optimistic about the company's chances of being granted a U.K. banking license, as a jump in users saw the firm report record full-year pre-tax profits. Several small financial institutions have been able to win approval for a banking license with few customers, he added. "U.K. banking licenses are being approved for smaller companies," Storonsky said. A bank license would enable it to offer loans in the U.K. One conditions set by the Bank of England for granting Revolut its U.K. banking license, was to collapse its six classes of shares into ordinary shares.

Persons: Revolut, Nikolay Storonsky, we'll, Storonsky, SoftBank Organizations: CNBC, British, EMI, Prudential, Authority, Bank of England, Financial Times

☆ 'I realized she was gonna hold that grudge forever': Over 20% of Americans have ended a friendship over money
▼ + stars: | 2024-06-27 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +4 min

She had also agreed to be a bridesmaid in a close friend's wedding. But when the bridal party started planning a long weekend bachelorette trip, Carson had to put her personal finances first. When the bride suggested Carson could pick up a side hustle to pay for the trip, "my jaw dropped," she says. I realized that she was gonna hold that grudge for forever and I didn't really have interest in being friends with someone who couldn't be empathetic about that situation. Over 20% of Americans say they've ended a friendship over money disputes, according to a recent survey from fintech firm Bread Financial.

Persons: Carson, didn't, they've, It's, it's, Lindsay Bryan, Podvin, Bread, overspend, Bryan, They'd Organizations: CNBC, Bread Locations: Carson

☆ Britain looks to upstage France with play for world's third major AI hub after U.S., China
▼ + stars: | 2024-06-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

But key challenges face the country as it looks to become the world's third-biggest AI hub. At the London Tech Week conference in the Olympia events venue earlier this month, tech executives from around the world touted London and the U.K. as a place to invest. London vs. FranceLondon is facing heated rivalry from France for the title of European AI leader. Can the UK keep its European AI crown? Seeking regulatory clarityAnother key source of uncertainty for tech leaders is the future of AI regulation in the U.K.

Persons: Mike Kemp, Alex Kendall, — Kendall, Wayve's, Brent Hoberman, Wayve, it's, Salesforce, Janet Coyle, Coyle, Arthur Mensch, Hanno Renner, that's, Europe's, CNBC's, Philip Belamant, Zilch, Matthew Holman, Cripps, Holman Organizations: Global, London Tech, Sage, Google, London, Partners, Viva Tech, Accel, CNBC, Mistral France Paris, Alpha, Alpha Germany Heidelberg, Face France Paris, France Paris, United, United Kingdom London, Kingdom London, Tech, European Union Locations: London, United Kingdom, China, Olympia, SoftBank, San Francisco, Vancouver . U.S, France London, France, Brazil, Silicon, Europe, Paris, Berlin, Alpha Germany, Germany, Brexit, Britain

☆ Europe is at risk of over-restricting AI and falling behind U.S. and China, Dutch prince says
▼ + stars: | 2024-06-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Prince Constantijn is special envoy to Techleap, a Dutch startup accelerator. Patrick Van Katwijk | Getty ImagesAMSTERDAM — Europe is at risk of falling behind the U.S. and China on artificial intelligence as it focuses on regulating the technology, according to Prince Constantijn of the Netherlands. Prince Constantijn is the third and youngest son of former Dutch Queen Beatrix and the younger brother of reigning Dutch King Willem-Alexander. "We've seen this in the data space [with GDPR], we've seen this now in the platform space, and now with the AI space," Constantijn added. Plus, when it comes to developing applications that use AI, "Europe is definitely going to be competitive," Constantijn noted.

Persons: Prince Constantijn, Patrick Van Katwijk, Constantijn, Dutch Queen Beatrix, Dutch King Willem, Alexander, innovating, hasn't Organizations: Getty, CNBC, Union, EU, U.S, National Academies of Sciences Locations: Techleap, Dutch, AMSTERDAM, Europe, China, Netherlands, Amsterdam, U.S

☆ Artificial intelligence is coming for venture firms. VCs predict it could reduce headcount by more than 50%.
▼ + stars: | 2024-06-24 | by ( Ben Bergman | ) www.businessinsider.com time to read: +8 min

Firms like Correlation Ventures, 645 Ventures, and Fly Ventures have long used data and AI to help guide investment decisions. AdvertisementEarlier this year, Sri Chandrasekar, a partner at Point72 Ventures, noticed a startup in his portfolio was having a breakout week. Related stories"If you go to any venture firm's website, you'll find that half the names are not doing anything to do with investing," Chandrasekar said. Advertisement"If you look at the large firms, they got very, very large in the last few years," said Andy McLoughlin, managing partner at Uncork Capital. Venture firms will have to remake themselves into a combination of people and A.I."

Persons: —, Matt Krna, Krna, Sri, Chandrasekar, Christina Melas, Andreeseen Horowitz, Andy McLoughlin, James Currier, Currier, McLoughlin Organizations: Service, Business, Ventures, Fly Ventures, Point72 Ventures, Bain Capital Ventures, Bain Capital, Catalyst, Lightspeed, Uncork, Venture, Deloitte, San Locations: San Francisco, Sri Chandrasekar

☆ The S&P 500 will soar 175% to 15,000 by the end of the decade, Fundstrat's Tom Lee says
▼ + stars: | 2024-06-24 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Fundstrat's Tom Lee said the stock market could nearly triple by 2030 to reach 15,000. "The two previous instances of global labor shortage resulted in a parabolic move in technology stocks," Lee said. AdvertisementThe stock market could nearly triple by the end of the decade, according to Fundstrat's Tom Lee. And the two previous instances of global labor shortage resulted in a parabolic move in technology stocks," Lee said. Lee's global labor shortage projection is based on global demographics, with prime-age workers not replacing older generations at a fast enough clip.

Persons: Fundstrat's Tom Lee, Lee, —, Tom Lee, we've, he's Organizations: Service

☆ A B.A. from Columbia could cost $500,000: Here are the top 10 most expensive places in the U.S. to go college
▼ + stars: | 2024-06-22 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +3 min

Over four years, the total bill may be $500,000 or more, as it is estimated to be at Columbia University, according to Self Financial. These are the 10 schools with the highest total cost for four years. Columbia University—New YorkTotal cost: $514,4422. Massachusetts Institute of Technology—Cambridge, MassachusettsTotal cost: $441,948All of the 10 most expensive schools Self Financial identified are private, which makes sense, given that those institutions typically charge higher tuition than public schools. But private colleges often offer generous financial aid and scholarships packages so your cost to attend may even be lower than at a public university.

Organizations: National Center for Education Statistics, Columbia University, Columbia, U.S . News, Bureau of Labor Statistics, Columbia University — New York, New York University — New York, Georgetown University — Washington, D.C, Harvard University — Cambridge, California Institute of Technology, University of Southern, University of Southern California — Los Angeles Total, University of Chicago — Chicago, George Washington University — Washington, Yale University — New, Massachusetts Institute of Technology, Self, Harvard, University of Massachusetts, Department, Education's, CNBC Locations: Massachusetts, California Institute of Technology — Pasadena, California, University of Southern California, Yale University — New Haven , Connecticut, Massachusetts Institute of Technology — Cambridge, Amherst

☆ 2 Goldman Sachs interns share their Wall Street experience and secrets for success, from early mornings to overcommunicating
▼ + stars: | 2024-06-21 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +13 min

Stankard should know — he's a rising senior now, but this will be his second summer interning for Goldman's sales and trading division. "I've always been interested in business generally," said Young about her decision to intern with Goldman last summer. For sales & trading interns like him, the summer is different — they split their nine weeks between two "pods" within the division. Dan Dees Goldman SachsA summer at Goldman is hard workTraders are known for having early work schedules to get ahead of the trading day and clients' needs. Goldman interns mingle Emmalyse BrownsteinAdvice for other interns and applicantsStanding out is hard in the application process.

Persons: —, Goldman Sachs, Anna Kouba, Goldman, Robbie Stankard, He's, Stankard, you've, Willow Young, Goldman Young, I've, Young, Dan Dees, Dees, Tony Pasquariello, Lucy DeStefano, he's, Lucy, they're, Dan Dees Goldman Sachs, it's Organizations: Service, Business, Goldman, Columbia University's, Stanford University, Financial, Group, FIG, Bloomberg, Soros Fund, CNBC, Investment, Wall Locations: Jersey, California, Chicago, New York, Westwood , Massachusetts

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