Finance

Full Brexit yet to play out on British finance, lawmakers say

Full Brexit yet to play out on British finance, lawmakers say

The City of London financial district can be seen as people walk along the south side of the River Thames, amid the coronavirus disease (COVID-19) outbreak in London, Britain, March 19, 2021. REUTERS/Henry Nicholls Register now for FREE unlimited access to Reuters.com Register LONDON, June 23 (Reuters) – Britain should avoid major, hasty reforms to …

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Duluth Schools finance head takes state position;  assistant superintendent not chosen for Michigan job – Duluth News Tribune

Duluth Schools finance head takes state position; assistant superintendent not chosen for Michigan job – Duluth News Tribune

DULUTH — One high-level Duluth Public Schools administrator is heading to the state government while another is staying put. Cathy Erickson, the district’s chief financial officer, is set to be the next director of school finance for the Minnesota Department of Education. District officials announced Erickson’s new gig during a board meeting Tuesday. Superintendent John …

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Stocks go nowhere, Powell calls recession a ‘possibility’

Stocks go nowhere, Powell calls recession a ‘possibility’

US stocks were lower, but barely changed, on Wednesday, with none of the three major averages logging changes larger than 0.2% At the closing bell on Wednesday the S&P 500 dropped 0.13% to settled at 3,579.89, while the Dow and Nasdaq both lost 0.15% to close at 30,483.13 and 11,053.08, respectively. All three averages had …

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Jack Ma’s Ant Group set to apply for China finance license this month

Jack Ma’s Ant Group set to apply for China finance license this month

Jack Ma’s Ant Group Co. is poised to apply for a key financial license as soon as this month, according to people familiar with the matter, a sign that its lengthy overhaul following a squashed 2020 listing is getting closer to satisfying China’s financial regulators. The People’s Bank of China intends to accept Ant’s application …

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter – June 2022 #3 |  Troutman Pepper

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter – June 2022 #3 | Troutman Pepper

Like most industries today, Consumer Finance Services businesses continue to be significantly impacted by COVID-19. To help you keep abreast of relevant activities, below find a breakdown of some of the biggest legislative and regulatory events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities State …

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The women in finance who say diversity initiatives are gaslighting them

The women in finance who say diversity initiatives are gaslighting them

Financial services firms are going all out to hire women. Most have targets both for hiring women as juniors and for retaining them and promoting them through the ranks. But not all women agree with their techniques. In a newly published study*, academics at Copenhagen Business School conducted 60 interviews over a 12-year period with …

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Cryptocurrency fallout delivers sharp kick to decentralized finance dreams

Cryptocurrency fallout delivers sharp kick to decentralized finance dreams

Crypto networks that pledged to put users in control have put themselves in charge as they try to survive the deepening crisis gripping the digital asset market. In the past week, three decentralized finance groups have stepped in with emergency plans to protect their projects and users from economic pain in the face of tumbling …

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