What you need to know on Wall Street today

Welcome to Finance Insider, Business Insider’s summary of the top stories of the past 24 hours.

Does Minneapolis Fed president Neel Kashkari have any dovish allies on the Fed’s Open Market Committee who are sceptical of further interest-rate increases, or is he all alone in dissenting against more hikes this year?

That’s the main question investors will be looking to answer as they rifle through minutes from the central bank’s June meeting, due out Wednesday at 2 p.m. ET. Check back here for the latest from the Fed minutes.

In markets news, Worldpay shares dropped sharply after it agreed to a £9.1 billion deal with Vantiv. One of the market’s hottest trades just had its biggest day yet. And Wall Street is at war with traders over the future of bank stocks.

In finance news, Deutsche Bank has made another big hire focused on dealmaking in the tech sector. The hedge fund famous for betting against the ‘London Whale’ is closing its London office. A new survey shows a lot of young Wall Streeters want out. And the world’s oldest bank has a plan to leave the “emergency room” and return to profit.

Everyone is focusing on five things they can’t control, according to Jefferies. A former banker who raked in $US100 million for Morgan Stanley is fighting for his bonus check. And hedge fund titan Ken Griffin described the “incredibly humiliating” moment his firm nearly went under.

One of the world’s biggest bitcoin exchanges has been hacked. Federal prosecutors asked a US judge for a gag order to muzzle Martin Shkreli. And Amazon and Google share prices were wrongly reported down more than 80% after test data went live.

Exxon got stuck in the middle as Russia-US relations broke down — and needs a solution soon.

It looks like demand for Teslas has peaked, according to Goldman Sachs. Tesla’s stock price is down nearly 5% on the day.

Lastly, here’s what it’s like to spend July 4th in the most expensive vacation town in America.

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