MBAs Are Plugging Into The Fintech Revolution
Paul Schoonenberg explains how fintech is reshaping financial careers. – September 30 / Business Because
How to Manage Managers?
When you’re managing managers, your responsibilities are two-fold: you need to make sure they’re producing good work (as with any employee) and that they’re effectively supporting their teams. You might know how to do the former, but how do you do the latter? – September 30 / Harvard Business Review
Deutsche Bank Is A Hedge Fund
Hedge funds, large and small, are shorting the stock of Deutsche Bank. Long-term institutional investors are dumping their positions. And Wall Street’s secretive but influential community of independent research providers has been proclaiming for months that Germany’s largest bank does not have enough cash to survive. – September 30 / Dealbreaker
Wells Fargo CEO Gets $123.6 Million If He Walks
Wells Fargo CEO John Stumpf stands to walk from the bank with $123.6 million in severance and stock value if he retires from the bank, which is still reeling from a scandal where millions of accounts were inappropriately opened for customers. – September 26 / CNBC
Private Wealth Management No Longer the Preserve of the Rich
Retirement planning and the low-interest-rate environment are driving demand for impartial investment advice. – September 23 / The Irish Times
Billionaire Family Business Factories
Owners of family businesses are about stewardship, that’s passing the business over to the next generation in a better state than they’ve inherited it. The ownership part is secondary. But here’s five family dynasties that have created some pretty big fortunes in between the stewardship process. – September 22 / Family Capital
The Secret to Yi Ling's Millions
his report was created by 24 Business News to expose the truth behind a new money making system. – September 20 / 24 Business News
A Day in the Life of a Private Banker
The world of private banking often seems mysterious and exotic to those of us not in that high strata of the ultra-wealthy. – September 18 / Today Online
Wells Fargo CEO Is «Sorry» – But He's Not Stepping Down
Wells Fargo CEO John Stumpf is "sorry" for the fake-account scandal at his bank, but he's got no plans to exit despite a growing firestorm. – September 16 / CNN Money
Man Accused of Robbing Bank to Get Away From His Wife
John Ripple, 70, allegedly robbed a bank in Kansas City and surrendered to a security guard because he didn't want to go home to his wife. – September 13 / UPI News
WSJ: Celebrating 40 Years in Asia
In September 1976, when «The Wall Street Journal» first published its Asia edition, much of the region was an economic backwater. Four decades later, Asia is the vibrant heart of the global economy. – September 13 / Wall Street Journal
1MDB: What's Wrong With Spending A Little Bit of Money?
The «Wall Street Journal» reported, citing banking documents, that at least $1 million in purchases made by Rosmah Mansor at jewelry and fashion stores in Europe and the U.S. in 2014 were paid for by Razak Najib using credit cards that drew on 1MDB funds. – September 13 / Dealbreaker, Wall Street Journal (paywall)
Inside a Wall Street Innovation Lab
Banking is changing fast, with startups encroaching on the big companies’ turf, and new technologies like blockchain, which is decentralized, threatening to take some control away from big banks. That’s why competitors are acquiring startups and launching accelerators. – September 9 / Business Insider
Thousands of Jobs Go as China’s Biggest Banks Cut Costs
hina’s four biggest banks reported that staff numbers fell by the most in at least six years in the first half, highlighting the possibility that employment has peaked at the firms that are the world’s biggest providers of banking jobs. – September 8 / Bloomberg
Avaloq's Francisco Fernandez: «We Can Be The iTunes For Finserv»
At Avaloq's Community Conference at the Seminarhotel Bocken in Horgen, Switzerland, CEO Francisco Fernandez made it clear. – September 8 / Banking Technology
the private banking software specialist is holding an open day as it looks to the future.
This Is The Slow Death of Investment Banking in 4 Charts
This a report which analyses banks’ revenue data and shows just how dire the situation is. – September 7 / Business Insider
How Jim Rogers Fund Made 4,200 Percent While The S&P 500 Only Returned 47 Percent
Another interesting piece about long-termin investor Jim Rogers who now lives in Singapore. – September 7 / ValueWalk
Sergio Ermotti Says UBS Could Move 30 Percent of London Staff on Brexit
UBS may have to move as many as 1,500 jobs from London to elsewhere in the region in the wake of Britain’s decision to leave the European Union, Chief Executive Officer Sergio Ermotti said. – September 7 / Bloomberg
Succession With Chinese Characteristics
Perhaps the most challenging issue for China’s private businesses in the years ahead is how they deal with succession. – September 1 / Family Capital
