Private credit to play bigger role in AI boom – BIS study
The Impact of Artificial Intelligence on Financial Stability Artificial Intelligence (AI) is rapidly defining a new paradigm in various sectors, including finance. However, researchers at the Bank for International Settlements (BIS) have raised concerns over the potential macroeconomic and financial stability risks that the boom in AI may pose, with hidden leverage being a significant […]
How growing RIAs can build an effective tiered service model
The Quiet Crisis Facing Advisory Firms: The Need for an Effective Tiered Service Model As advisory firms grow beyond the founder-led phase, they often encounter a quiet crisis where a one-size-fits-all service model no longer suffices. This tipping point can lead to either capacity overload or a dilution of client experience, both unsustainable outcomes. Many […]
I work for a bank that’s weaponized HR against its employees
The Harsh Reality of HR in Banking Working in the banking industry can be a challenging experience, especially when it comes to dealing with Human Resources (HR) departments. A recent article on eFinancialCareers shed light on the dark side of HR within banks. A Shift in HR Dynamics The author, writing under the pseudonym Isabel […]
Client Executive – Card and Banking – West
TransUnion’s Job Applicant Privacy Notice: Ensuring Trust and Confidentiality in the Hiring Process TransUnion, a global information and insights company, is committed to upholding the highest standards of privacy and confidentiality. This commitment extends to every aspect of their operations, including the hiring process. The company’s Job Applicant Privacy Notice is a testament to their […]
Client Executive – Card and Banking
TransUnion’s Job Applicant Privacy Notice: Ensuring Trust and Transparency TransUnion, a leading global information and insights company, is committed to providing a welcoming and energetic environment that encourages innovation and collaboration. The company consistently explores new technologies and tools to remain agile, fostering an environment where employees can hone their current skills and build new […]
Rep. Hill rolls out community bank deregulation package
French Hill Advocates for Community-Bank Deregulation U.S. Representative French Hill, R-Ark., who serves as the Chairman of the House Financial Services Committee, has put forward a legislative package promoting deregulation for community banks. The proposal, which was introduced on Wednesday, includes several components that have been longed for by the banking industry. However, with a […]
Brazil’s PicPay applies for US IPO
PicPay Revives U.S. IPO Plans PicPay, a Brazilian fintech company, has once again filed for a U.S. initial public offering with the Securities and Exchange Commission, as disclosed in a report by Business Wire on Monday. This marks a new chapter in the company’s journey towards going public in the U.S. Previous Attempt and Current […]
Barclays backs US startup for stablecoin clearing | PaymentsSource
Barclays Invests in Ubyx to Facilitate Stablecoin Redemption Barclays, a leading financial institution, has made a strategic investment in Ubyx, a U.S.-based startup. The investment is aimed at enabling banks to directly redeem stablecoins for traditional fiat currencies and generate new income streams. This move marks a significant step in Barclays’ ongoing strategy to integrate […]
Iute Group to enter Ukraine with bridge bank banking licence
Iute Group Set to Acquire a Banking License in Ukraine The Estonia-based digital-first banking group, Iute Group, has announced its intentions to acquire a banking license currently held by a bridge bank in Ukraine. This move comes as part of Iute Group’s broader strategy to expand its digital banking services in a disciplined and responsible […]
Giant RIAs lag industry in client wealth growth, data shows
Shifting Strategies in the Wealth Management Industry For years, the wealth management industry has been guided by a singular focus: moving “upstream.” The prevailing belief is that to enhance profitability and avoid becoming commoditized, firms need to concentrate on serving high and ultrahigh net worth clients. Processing Content Industry experts often argue that larger firms, […]