Financial Industry News

A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

bloomberg.com - Alexander Weber - U.K. Warned of 'Consequences' of Splitting From EU Finance Rules
U.K. Warned of 'Consequences' of Splitting From EU Finance Rules
Bloomberg

The nominee for the European Union's top financial oversight job warned the U.K. to expect “consequences” after Brexit if London decides to split with the bloc on how it regulates the industry. Mairead McGuinness told members of the…

axios.com - Kendall Baker - When sports and financial markets collide
When sports and financial markets collide
Axios

Enter your email address Please enter a valid email. 31 mins ago - Kendall Baker, author of Thanks largely to the legalization of betting, there's growing interest and media coverage around the intersection between sports and the financial markets.

bloomberg.com - Viren Vaghela - Brexit Prompts 7,500 Finance Jobs, $1.6 Trillion to Leave U.K.
Brexit Prompts 7,500 Finance Jobs, $1.6 Trillion to Leave U.K.
Bloomberg

Financial services firms operating in the U.K. have shifted about 7,500 employees and more than 1.2 trillion pounds ($1.6 trillion) of assets to the European Union ahead of Brexit -- with more likely to follow in coming weeks, according to EY.

thehill.com - Arthur E. Wilmarth, Jr., Opinion Contributor - To restore financial stability, bring back Glass-Steagall
To restore financial stability, bring back Glass-Steagall
TheHill

Governments around the world have authorized $11 trillion of fiscal programs to mitigate the economic and social fallout from the COVID-19 pandemic. Those programs will cause sovereign debt burdens to exceed 100 percent of global GDP by 2021…

marketwatch.com - Andrew Keshner - 5 big financial issues Trump and Biden did NOT mention in their first debate
5 big financial issues Trump and Biden did NOT mention in their first debate
MarketWatch

For a rancorous first debate between President Donald Trump and Democratic nominee Joe Biden, there was a whole lot that went unsaid. Unemployment is coming off double-digit rates in the spring after government shutdowns to deal with the…

techcrunch.com - Jonathan Shieber - Silverlake adds a $2 billion long-only hedge fund backed by Abu Dhabi to its tech finance toolkit
Silverlake adds a $2 billion long-only hedge fund backed by Abu Dhabi to its tech finance toolkit
TechCrunch

Image Credits: Bryce Durbin / TechCrunch Silver Lake Partners, the multi-billion dollar tech-focused investment firm, is adding a long-only hedge fund backed by Abu Dhabi's sovereign wealth fund, Mubadala, to its array of investment vehicles to…

techcrunch.com - Danny Crichton - Gusto is expanding from payroll into a full suite financial wellness platform
Gusto is expanding from payroll into a full suite financial wellness platform
TechCrunch

Image Credits: Sadik Demiroz / Getty Images When we caught up with Gusto last year, the small business payroll startup had just raised $200 million and was launching a new office in New York City. Over the past few years though, Gusto has also been…

zerohedge.com - Tyler Durden - Bill Gates: West Must Finance Global Vaccine Distribution Network If It Wants To Defeat COVID-19
Bill Gates: West Must Finance Global Vaccine Distribution Network If It Wants To Defeat COVID-19
Zero Hedge

In an interesting choice of venues, Bill Gates has just published his latest editorial in the Nikkei Asian Review, the English-language flagship of the Japanese financial publishing and data giant. In it, the billionaire Microsoft founder argues…

cointelegraph.com - Cointelegraph Consulting - The First Fundamental Study of DeFi. From Ideas to Mechanisms to the New Finance
The First Fundamental Study of DeFi. From Ideas to Mechanisms to the New Finance
Cointelegraph

With its year-to-date growth of more than 15x in total value locked, and more than $11 billion committed to the protocols, decentralized finance (DeFi) has become a mainstay in the crypto industry, and a whole new industry in itself. Meanwhile, its…

npr.org - Rhitu Chatterjee - Juggling Financial Stress And Caregiving, Parents Are 'Very Not OK' In The Pandemic
Juggling Financial Stress And Caregiving, Parents Are 'Very Not OK' In The Pandemic
NPR.org

Back in early spring, Khristan Yates worked as a quality assurance analyst at a marketing company and loved her job. 'I had one of the best jobs of my career,' recalls Yates, 31, a resident of Chicago. Yates, who's a mother of two children, had…

u.today - These Are Top Concerns of Financial Institutions Regarding Cryptocurrencies: Survey
These Are Top Concerns of Financial Institutions Regarding Cryptocurrencies: Survey
U.Today

More than 60 percent of financial institutions surveyed by the Association of Certified Anti-Money Laundering Specialists and the Royal United Services Institute believe that cryptocurrencies are risky due their rampant criminal use. The lion's…

techcrunch.com - Jonathan Shieber - Investors give Baltimore's Facet Wealth $25 million to sell businesses on financial planning as a benefit
Investors give Baltimore's Facet Wealth $25 million to sell businesses on financial planning as a benefit
TechCrunch

Image Credits: Malte Mueller / Getty Images Yesterday, Baltimore-based fintech company Facet Wealth said it raised $25 million in financing as it readies a new business line pitching financial planning as an employment benefit to businesses looking…

ctvnews.ca - The Canadian Press - Financial aid for workers hurt by COVID-19 gets unanimous support in Commons
Financial aid for workers hurt by COVID-19 gets unanimous support in Commons
CTV News

Published Sept. 30, 2020 3:38 a.m. ET The Peace Tower on Parliament Hill in Ottawa on Tuesday, May 29, 2018. The federal government ran a deficit of $11.8 billion over seven months of its 2019-20 fiscal year compared with a deficit of $2.1 billion…

commondreams.org - Nina Isabella Moeller, Francois Delvaux - Finance for Agroecology: More Than Just a Dream?
Finance for Agroecology: More Than Just a Dream?
Common Dreams

Between alarming discourses and action: the math doesn't add up A recent UN report revealed that the world keeps failing reaching the targets it sets to safeguard biodiversity and the benefits it provides to people. And the bad news keeps pilling…

news24.com - Timothy Rangongo - Post-Covid financial spring-cleaning | Fin24
Post-Covid financial spring-cleaning | Fin24
News24

Spring has sprung and so has a virus that has not only permeated people's health but personal finances too. An online survey of 1 000 adults from different regions in South Africa, conducted between 31 July to 3 August 2020 by TransUnion, indicates…

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