Financial Industry News
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10 Best Personal Finance Courses
If you want to learn how to make smart financial decisions, save more and eliminate debt, you're in luck. Today, there are plenty of online personal finance classes offering money-management lessons. Still, 'people need to keep in mind that online…
Ackman Wields Finance Tool With Morbid Past for New Venture
Bill Ackman is putting a modern-day spin on a centuries-old financial innovation with the special purpose acquisition company he plans to take public. His new SPAC -- Pershing Square Tontine Holdings Ltd. -- will reward investors who hang on to…
Financial Markets Authority prods New Talisman Gold boss' online forum comments
The Financial Markets Authority has received a complaint alleging the boss of an NZX-listed mining company attempted to manipulate shareholders by posting favourable comments about the business online. Online sharemarket chatroom, Sharetrader…
EU says is assessing City's financial market access
LONDON (Reuters) - Assessments of Britain's future access to the European Union financial market are ongoing and take into account how far the United Kingdom will diverge from the bloc's rules, a European Commission official said on Wednesday.
Seabed Authority move legal, technical and finance meetings online
KINGSTON, Jamaica — The International Seabed Authority announced on Monday that part two of this year's meeting of its Legal and Technical Commission (LTC) and Finance Committee are being held online, the first time ever that the technical…
Fixing the racial wealth gap will take more than financial literacy
A recent CNBC article argued that improving financial literacy among Black people was key to closing the racial wealth gap. However, researchers call this a common myth and say the gap exists due to continued racist practices in hiring and lending.
Lessons from the 2008 financial crisis for our coronavirus recovery today - Recovery podcast series part six
In this sixth and final episode of Recovery, a series from The Anthill Podcast exploring how the world rebuilt after historic crises, we look at the 2008 global financial crisis. The recovery over the last decade has been slow and painful, and…
Coronavirus: Conor Murphy calls for more financial flexibility for NI
NI Finance Minister Conor Murphy has joined with his Scottish and Welsh counterparts to urge the UK government to ease 'rigid fiscal rules'. Mr Murphy, along with Kate Forbes and Rebecca Evans, made the call ahead of the chancellor's summer…
Financial Regulators Need to Lead on Climate Change
Covid-19 has exposed the fault lines in our financial systems and market supply chains. It has shown how vulnerable our interdependent systems are to seismic shocks and risks. It has also underlined the importance of coordinated, collective action…
The CEO of an Alphabet-backed fintech pitching itself as your 'smart friend' to text for financial advice explains its pay-what-you-like fee structure
Albert, a personal-finance app that allows users to text questions to a team of human financial experts, is trying to stand out in a competitive, crowded field of consumer finance-focused startups. Albert's business model is subscription-based, a…
New law helps HK's future with economic recovery eyed in Q4: financial chief
Hong Kong Financial Secretary Paul Chan Mo-po Photo: Screenshot of GT interview With the implementation of the national security law for Hong Kong, which will restore normalcy and end riots, the city is expected to see signs of an economic recovery…
Canada Turns to Long-Term Debt to Finance Spike in Deficit
Canada will ramp up issuance of long-term debt this year to finance its record budget deficit. The federal government plans to sell C$106 billion ($78 billion) of 10-year and 30-year bonds in the fiscal year that ends March 31, according to budget…
EU assessing divergence in London's financial market access
LONDONLONDON (Reuters) - Britain's future access to the European Union financial market must take into account how far it will diverge from the bloc's rules, a European Commission official said on Wednesday. After leaving the EU in January, Britain…
Ant Financial denies seeking Hong Kong IPO
People visit the Ant Financial stand at an digital economy exhibition in Fuzhou, East China's Fujian Province on April 25. Photo: VCG Alibaba's financial division Ant Financial denied some overseas reports that it would seek a listing on the Hong…
Supreme Court set to issue opinions Thursday on Trump's financial records
(CNN) The Supreme Court is expected to issue opinions in two cases concerning access to President Donald Trump's financial records on Thursday, the final day of the term, the court announced on Wednesday. The cases tackle whether Trump can stop the…
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