12/30/2022
Should UK philanthropy follow the US model?
But experts say there is work to be done to turn this burst in charitable giving spurred by the pandemic, into a sustained culture of philanthropy in the UK.
Comment, Analysis & Research
12/30/2022
Elon Musk has suffered the 'biggest loss of wealth in modern history' this year
The 51-year-old had faced problems with Tesla due to China's severe lockdown restrictions, their biggest market outside of the US, as per the Sydney Morning Herald.
12/29/2022
Goldman Sachs CEO expects layoffs in first half of January: report
Goldman reintroduced performance reviews in 2022, after suspending them during the pandemic.
12/29/2022
Credit Market Cracks Widen as Distressed Debt Nears $650 Billion
The strains in the credit market are largely linked to aggressive rate increases by the Federal Reserve and central banks around the world.
12/28/2022
NFP: Hiring to remain a still strong 205K – Wells Fargo
Making matters worse, new labor supply that might help put water on the fire was again not forthcoming; the labor force participation rate fell by a tenth of a percent and is now below where it was in January.
12/28/2022
Brazil creates less formal jobs than expected in November
The labor market strength helped Brazil's economy perform better than expected at the beginning of the year.
12/27/2022
How To Become An Investment Banker
Investment bankers work in finance, making connections between companies that are looking to raise funding and the investors who possess capital.
12/27/2022
For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust
There were fewer mergers and public listings this year, shrinking investment banking revenue.
12/27/2022
The Best ForbesWomen Stories Of 2022
The central story of 2022 was, ultimately, the story of what it means to identify as female in a complicated, exhilarating, infuriating world. It was a story of victories gained, like when the U.S.
12/23/2022
Guggenheim Partners CIO unexpectedly passes away
Yahoo Finance Live anchors discuss reports that Guggenheim Partners CIO Scott Minerd has passed away.
12/22/2022
The future of Private Banking in 2023
Private banking and wealth management firms are braced for one of the biggest disruptions the sector has ever faced.
12/19/2022
Following The Tech Sector, Layoff Contagion Hits Wall Street: Goldman Sachs Plans To Downsize 4,000 White Collar Workers
There is a fear that some low performers will get “donuts,” the cold term for not receiving any bonus payout.
12/19/2022
Where Next for the US Dollar?
The greenback has had another strong year, but there are a turning point has been reached.
12/16/2022
How the pandemic tipped the balance for women in wealth
Following challenges from COVID-19 disruption, Edward Jones is opening doors for women advisors to thrive and succeed
12/15/2022
Private equity fundraising to dip 22.5% in 2022, Preqin says
Preqin forecasts global private equity fundraising will fall by 2.7% in 2023.
12/13/2022
Where Citi sees potential for project finance growth in Latin America
O'Czerny: Our scope of action in the area of infrastructure here at Citi is linked to both greenfield and brownfield projects.
12/13/2022
6 Wirehouse Comp Trends to Watch in 2023
Two of the three experts we spoke to predicted we would see a continued focus on both advisor team-based compensation and encouragement of fee-based revenue versus transactional revenue.
12/12/2022
Best Idea: Advisors Should Detail Improvements To Team, Practice
It is a one-page letter that mentions everything we did that year. It is not to brag or anything.
12/12/2022
Clarfeld | Citizens Private Wealth Survey Finds Wealthy Americans Plan to Maintain or Increase Spending in 2023
Four in five plan to make portfolio changes in the New Year to reach financial goals
12/09/2022
New Research from Edelman Financial Engines Explores the Mindset Around Wealth in America Today
Only 12% of Americans – and 29% of actual millionaires – feel “wealthy”