Fintech Monzo looks to right the ship

Back on the old grind.

Earnings for the second quarter continue to trickle in. The big name to keep an eye on in the US this week is Salesforce, which reports Tuesday.

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.

Monzo looks to right the ship

It's been a tough few months for Monzo.

The UK challenger bank had a very hard June. It laid off around 80 staff members as a result of the coronavirus pandemic and also closed a down fundraising round at a 40% valuation drop. The fintech has also faced a string of executive departures or reassignments throughout 2020.

However, there is a light at the end of the tunnel. As Callum Burroughs reported, the $1.6 billion neobank has plans to end the pay freeze it initiated as a result of the coronavirus pandemic.

To be clear, the startup isn't fully in the clear, a point that was acknowledged by the company to its staff, according to internal Slack messages seen by Business Insider.

Click here to read the full story.

Palantir's direct listing breaks with Spotify and Slack in one critical way that affects insiders' ability to cash in their shares

We've spoken before about Palantir Technologies going public. Troy Wolverton and Meghan Morris have all the details on a unique twist the startup is reportedly planning as part of its direct listing. You can read the full story here.

A day in the life of a Nasdaq exec whose job is to make sure the software systems that power over 120 markets stay up and running

Spend a day in the life of Don Beery, Nasdaq's head of global technology infrastructure and operations. Reed Alexander has the full breakdown of Beery's schedule, who is tasked with ensuring the Nasdaq tech being used at over 120 markets around the world keeps running smoothly.

Odd lots:

Justice Department's Antitrust Chief Plans Shake Up for Stronger Enforcement (WSJ)

Many Companies Planned to Reopen Offices After Labor Day. With Coronavirus Still Around, They're Rethinking That. (WSJ)

Virgin Islands Will Subpoena Billionaire Investor in Epstein Case (NYT)

Social Influencers Feed the Robinhood Hunger for Investing 101 (Bloomberg)