Citi's new wealth exec — Morgan Stanley's tech shakeup — Law firms cash in on SPACs

Happy Friday.

What a week. When I said things would pick up after Labor Day, I didn't expect it to be this fast, but here we are.

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Citi's wealth management plans

There has been a lot going on at Citi over the past week. But lost in the shuffle of all the stories regarding its soon-to-be new chief executive is the fact the firm recently created a new top wealth management role in its US consumer bank.

Rebecca Ungarino has a great piece looking at the role, who was tapped to fill it (former Bank of America wealth executive David Poole), and what it means for Citi and the broader industry.

Click here to read the full story.

Law firms could make hundreds of millions of dollars on the SPAC boom, as elite firms elbow in on a growing market

We've talked before about how hot SPACs are right now. But who's getting paid? Jack Newsham has a great look at elite firms looking to get in on the action. Read the full story here.

Morgan Stanley just shook up its tech and operations team with 2 senior promotions as Wall Street looks to double down its efforts around cyber and fraud

Here's a scoop from me on some promotions at Morgan Stanley's tech and operations team. The promotions are an indication of the ongoing focus Wall Street has put on cybersecurity and fraud in recent years. Read about the people moves here.

Odd lots:

Inside Snowflake's massive first-day stock pop and what it means for the raging direct listing vs. IPO debate (BI)

The Fauci interview: How to 'keep your immune system working optimally,' gather safely, and get by until summer 2022 (BI)

Citigroup Employee Who Operated QAnon Website on Leave (Bloomberg)

As Palantir gears up to go public, activist groups are rallying BlackRock — a major investor — to ask the big data company to cut its ties with ICE (BI)

Here's what it takes to get a job at elite law firm Latham & Watkins, according to its hiring chairs and 2 top industry recruiters (BI)

Industry insiders say these are the 17 must-read books for aspiring lawyers and young attorneys (Business Insider)

All the movies that have received the dreaded 0% Rotten Tomatoes score (Insider)

Martha Stewart, Blissed Out on CBD, Is Doing Just Fine (NYT)