Financial advice concerns continue but US consumers are more savvy
Executives look at staffing and pay as trimming expenses becomes a priority
Study shows star system has bigger impact than a fund’s total return or strategy
Momentum to overhaul the mortgage finance system had been slipping, and with Democrats divided over the Senate’s banking relief bill there’s virtually no chance more bipartisan deals can be worked out.
Talk about a #MaleFail: how shining a light on harassment could have unintended consequences for women in financial services. The New York Fed is dealing with a backlash of its own. Chief marketing officers like Citi’s Jennifer Breithaupt are playing an important role in product development. Also, new initiatives target bias on Slack and in Shakespeare.
SMEs struggle in face of onerous borrowing terms and mistreatment
Insolvency groups could find their in-trays full as lenders lose patience
U.S. banks lag the technology, telecommunications and energy sectors in what they pay employees, according to new data. The gap suggests that the industry may not be the acting aggressively enough to remake itself for the digital age.
Twists and turns of hostile bid stretched from US to Europe and into UK politics
Report outlines complex dealings between husband of chief executive and tycoon