American multinational investment bank and financial services corporation
In this episode of "Investing in Integrity", Ross Overline has an enlightening conversation with Wole Coaxum, an incredibly thoughtful leader, and visionary entrepreneur. Wole is the Founder and CEO of MoCaFi, a financial technology company committed to helping America's marginalized communities create wealth through better access to public, private, and social capital. Wole starts by sharing his background as he began his career at Commercial Credit in Baltimore, which evolved into Citigroup, where he gained exposure to the world of finance. However, after the tragic death of Michael Brown in 2014, Wole was inspired to shift his career toward addressing economic injustice and helping more underserved people thrive economically. Leaving a secure position at JPMorgan, Wole embarked on an entrepreneurial journey and launched MoCaFi. Wole shares the importance of diverse educational experience and critical thinking as he benefited from various learning methods like the Socratic method, the Harkness table, and the tutorial system at Oxford, which provided him with a solid basis in logical reasoning and effective communication, skills that are vital in any career. MoCaFi's mission focuses on expanding access to financial and social capital, striving to place people on a wealth-building path regardless of their historical starting points. The company has reimagined traditional banking products to serve underbanked communities better. For example, MoCaFi offers a demand deposit account that doesn't require credit checks or a standard banking history. Also, they are working on including rent and utility payments in credit reporting to help customers build credit scores. As the conversation draws to a close, Wole shares some of the challenges he faces with MoCaFi's business model, the customers, and investors as a founder. He also explains how innovating within the sector to serve the underbanked requires a break from traditional models and demystifies some of the most common misconceptions about those underbanked individuals and businesses.
Hear veteran risk manager, advisor and professor Clifford Rossi's viewpoints on trends, threats and opportunities in the commercial and residential real estate markets. The past couple of years have been an extremely challenging time for risk practitioners charged with measuring and managing real estate risk. In both commercial real estate and residential real estate, concerns have been raised globally about interest rates, inflation and economic uncertainty. Indeed, in a recent Federal Reserve survey on salient risks – part of the Fed's October Financial Stability Report – roughly 75 percent of respondents cited the potential for “large losses on CRE and residential real estate.” CRE, more specifically, has been plagued by escalating vacancy rates for office buildings, thanks in part to the remote work trend that started during the pandemic and has since taken off. Residential real estate, meanwhile, has dealt with worries about housing affordability. As a former CRO at multiple banks and as an ex-senior risk manager at Fannie Mae and Freddi Mac, Cliff Rossi, our honored guest today, knows all about the CRE and residential real estate risks facing financial institutions today. Cliff, the current Director of the Smith Enterprise Risk Consortium at the University of Maryland (UMD), speaks with GARP editorial director Robert Sales about global real estate concerns and challenges, and offers advice on how firms can more effectively manage their exposures. SPEAKER'S BIO: Clifford Rossi (PhD) is the Director of the Smith Enterprise Risk Consortium at the University of Maryland (UMD) and a Professor-of-the-Practice and Executive-in-Residence at UMD's Robert H. Smith School of Business. He is also the author of GARP's monthly “CRO Outlook” column. Prior to entering academia, Rossi had nearly 25 years of experience in banking and government, having held senior executive roles in risk management at several of the largest financial services companies. His most recent position was Managing Director and Chief Risk Officer for Citigroup's Consumer Lending Group, where he was responsible for overseeing the risk of a $300+B global portfolio of mortgage, home equity, student loans and auto loans with 700 employees under his direction. While there he was intimately involved in Citi's TARP and stress test activities. He also served as Chief Credit Officer at Washington Mutual (WaMu) and as Managing Director and Chief Risk Officer at Countrywide Bank. Previous to these assignments, Rossi held senior risk management positions at Freddie Mac and Fannie Mae. He started his career during the thrift crisis at the U.S. Treasury's Office of Domestic Finance and later at the Office of Thrift Supervision working on key policy issues affecting depositories. Rossi was also an adjunct professor in the Finance Department at the Robert H. Smith School of Business for eight years and has numerous academic and nonacademic articles on banking industry topics. Rossi is frequently quoted on financial policy issues in major newspapers and has appeared on such programs as C-SPAN's Washington Journal and CNN's Situation Room. His book for risk practitioners and graduate students, A Risk Professional's Survival Guide, was published in 2014 by John Wiley & Sons, Inc. His research interests are in financial and nonfinancial risk management, risk governance and analytics and climate risk.
Monique Aiken is the Managing Director at The Investment Integration Project, an applied research and consulting firm with a recently launched SaaS platform called SAIL, the Systems Aware Investing Launchpad. Monique is co-founder of Make Justice Normal, a nonprofit collective focused on narrative change, and host of their podcast, “Into the Record”. She is also cofounder of the ReStarter Fund, an economic and climate justice initiative aiming to be a small business lifeline in these unique times. She is also a Contributing Editor at ImpactAlpha where she is a biweekly host of the “Briefing” podcast and past host of ‘The Reconstruction', a 24-episode long form interview podcast series.Monique has been guiding investors in aligning their social impact and investment objectives for over a decade, after nearly 15 years in financial services with Bank of America, Citigroup, and Deutsche Bank. In addition to TIIP, her +10 years of impact experience includes time as Vice President of Programs, at Mission Investors Exchange, a 250+ member network for outcomes focused practitioners in impact investing; Director at Tideline, a boutique strategy consultant in impact investing; and Project Manager for No Ceilings: The Full Participation Project at the Clinton Foundation. Monique serves on the Investment Committee for the NYU Impact Investment Fund, the Steering Committee for the Intentional Endowments Network and the Board of Responsible Alpha. She also serves as a Board Member of the Institute for Nonprofit Practice and on the Advisory Board for the Global Bio Fund, a gendersmart biotech and wellness ecosystem and venture fund.A proud Toigo, CGSM, SEO, and INROADS alum, Monique earned her MBA from NYU Stern School of Business where she specialized in Financial Instruments and Markets, and a B.Sc. in Foreign Service from Georgetown University. Monique is a first-generation Jamaican-American, plays the tenor saxophone (badly), loves coffee, tea and travel (pre-covid at least) and is conversant in Spanish, Portuguese, and un petit peu of French. Monique is also a newly minted children's book author and lives in +100yr old fixer-upper in New Jersey with her husband and their delightful preschool aged son, who is her inspiration.
Good afternoon, I'm _____ with today's episode of EZ News. Tai-Ex opening The Tai-Ex opened up 29-points this morning from yesterday's close, at 17,239 on turnover of 2.6-billion N-T. The market's recent gains were halted on Monday, as the main board ended unchanged amid high technical resistance. Large cap tech stocks trended lower throughout the trading day preventing the broader market from moving higher, while the tourism sector also came under heavy pressure. Gou Campaign Says 'Anything Possible' After Ko Meeting A spokesman for Terry Gou's presidential campaign office says "anything - including a potential joint ticket - is possible" following a meeting with Taiwan People's Party presidential nominee, Ko Wen-je. Spokesman Huang Shih-hsiu said K-M-T Chairman Eric Chu's dealings with Ko mirrored the "promise-breaking and breach (違反) of trust" he had engaged in … when Gou unsuccessfully sought the party's presidential nomination in May. Huang says given those actions, "the K-M-T may be on its own" in the election. However, Gou's campaign office spokesman has refused to give any concrete details of the meeting with Ko. Over 100 German Students Apply for 30 TSMC Training Slots The Dresden University of Technology says more than 100 German students have applied for 30 spots on a Taiwan Semiconductor Manufacturing-backed training program. The university said a total of 124 students from universities in the state of Saxony in eastern Germany applied for the training program… Students will depart (出發) for Taiwan in February and begin their study in a Taiwanese university to learn basic semiconductor theories in March. They will then spend time at T-S-M-C's training center for newcomers and work in the chipmaker's factory for two months from June. The training program was announced shortly after T-S-M-C made public its plans to set up a 12-inch wafer fab in Dresden. Australia PM reveals "dangerous encounter" between Chinese, Australian warships Australia's prime minister has criticized China for what he calls a “dangerous” encounter between Chinese and Australian warships but declined to say whether he raised the issue with President Xi Jinping. He said one diver was injured when a Chinese destroyer used sonar (聲波定位儀) while near an Australian frigate in international waters last Tuesday. Prime Minister Anthony Albanese spoke with Xi last week on the sidelines of an Asia-Pacific leaders' summit in San Francisco. Albanese says his discussions with Xi were private rather than a formal bilateral meeting. China's Defense Ministry dismisses Australia's allegations as “completely untrue.” Citigroup continues layoff plan Citigroup has begun a major overhaul of its management structure with sweeping layoffs expected. It's part of a broader reorganization and seen as the American bank's biggest reshuffle (改組、重新安排) in nearly 20 years. William Denselow reports from New York. That was the I.C.R.T. news, Check in again tomorrow for our simplified version of the news, uploaded every day in the afternoon. Enjoy the rest of your day, I'm _____. －－－－以下訊息由 SoundOn 動態廣告贊助商提供－－－－ 轉骨有成，日股長線續航仍強 日股專家－市佔No.1的日本野村資產管理 在地團隊發揮加乘效果 價值投資挖掘潛力企業 由下而上主動挑選優質個股 帶領您重新發現日股投資魅力 了解更多：https://bit.ly/45OUq8p
On this episode of Money and Me, Michelle Martin and Ryan Huang break down all you need to know about Emmett Shear, the new interim CEO of OpenAI, an overview of Singtel's performance amid Optus CEO's recent departure, and what they make of the S&P500's exit from the correction territory.See omnystudio.com/listener for privacy information.
Trotz globaler Krisen und der weiterhin noch relevanten Inflation zeigen sich die Aktienmärkte derzeit überraschend robust. Woher kommt die Zuversicht der Anlegerinnen und Anleger? Und mit welchen Impulsen könnte gerade der Hightech-Sektor in den nächsten Monaten noch überraschen? Können die Kurse von Apple, Microsoft und den anderen Highflyern einfach weiter steigen, obwohl sie doch schon so stark gestiegen sind?Fragen, die Friedhelm Tilgen im Gespräch mit Dirk Heß von der Citigroup und Michael Proffe von Proffe Invest diskutiert.Unsere allgemeinen Datenschutzrichtlinien finden Sie unter https://art19.com/privacy. Die Datenschutzrichtlinien für Kalifornien sind unter https://art19.com/privacy#do-not-sell-my-info abrufbar.
* Guest: Eldon Stahl - Field Coordinator - The John Birch Society - JBS.org - TheNewAmerican.com * Guest: Bryan Rust, Over the past 50 years, Rust Coins has been working to educate customers about precious metals - RustCoinAndGift.com * Honest Money Report: Gold - $1990.00 Silver - $24.05. * Citigroup begins massive layoffs, will begin cutting employees ASAP! * Millionaires Feel Like They're Just Middle Class These Days Only 8% of those with at least $1M consider themselves wealthy. * If You Try to Flip Your Tesla Cybertruck, Watch Out Fine print indicates Tesla might sue resellers for $50K. * Judge Approves JPMorgan's $290 Million Settlement With Nearly 200 Epstein Victims.
Hour 1 * Guest: Eldon Stahl – Field Coordinator – The John Birch Society – JBS.org – TheNewAmerican.com * Guest: Bryan Rust, Over the past 50 years, Rust Coins has been working to educate customers about precious metals – RustCoinAndGift.com * Honest Money Report: Gold – $1990.00 Silver – $24.05. * Citigroup begins massive layoffs, will begin cutting employees ASAP! * Millionaires Feel Like They're Just Middle Class These Days Only 8% of those with at least $1M consider themselves wealthy. * If You Try to Flip Your Tesla Cybertruck, Watch Out Fine print indicates Tesla might sue resellers for $50K. * Judge Approves JPMorgan's $290 Million Settlement With Nearly 200 Epstein Victims. Hour 2 * Guest: Jay Valentine, Fractal Delivers Confidence Through Transparency! – FractalWeb.app. * Identifying Problems in Voter Rolls with Fractal Technology – America Needs Confidence In Its Voter Rolls – Omega4America.com * Fraud Expert Jay Valentine Speaks Out Against Voter Fraud! * Why We Need Real Time Voter Roll Monitoring! * A report published by the Government Accountability Office (GAO) on Tuesday found government agencies incorrectly reported spending and, at times, did not report their expenditures to USAspending.gov, the official source of federal spending information. * The Departments of Treasury, Health and Human Services (HHS), Homeland Security (DHS) and Transportation (DOT) were flagged by GAO for having multi-billion dollar discrepancies across different public COVID-19 spending disclosures during the 2022 fiscal year. * US debt interest bill tops $1 trillion a year – Bloomberg. * Customers at major US banks hit with deposit delays. --- Support this podcast: https://podcasters.spotify.com/pod/show/loving-liberty/support
Troy A. Young has over 30 years experience in the financial services industry. A significant portion of that time was with two of the nation's largest financial services organizations, Bank of America and Citigroup.His career work also included an advisory position with Financial Planning Advisory Services (FPAS).For the past 12 years Troy has been providing wealth management, financial advisory and financial planning services in private practice as an independent financial advisor through Destiny Financial Group.
Governments around the world, The World Economic Forum, and the International Monetary Fund are proposing the movement to a global currency. How likely is this proposal and what can YOU do about it? How is deficit spending devaluing the dollar? With government spending out of control, the dollar clearly isn't a stable store of value. How can everyday Americans protect themselves from dollar decline? To help make sense of the chaos in the economy, Savage speaks with expert Philip Patrick. He spent years as a private wealth manager at Citigroup on Lombard Street and joined Birch Gold Group as a Precious Metals Specialist in 2012. Learn more about your ad choices. Visit podcastchoices.com/adchoices
In its early days Citigroup styled itself as a “financial supermarket”, a one-stop shop for all kinds of banking services around the world. But that plan has backfired in recent years. Stepping up to the challenge of repairing the bank is chief executive Jane Fraser, who announced her restructuring plan in September. The FT's US banking correspondent Stephen Gandel and US banking editor Joshua Franklin discuss whether Fraser can turn the bank around, and if not, what happens to Citi. - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:‘Get off the train': Citi's Jane Fraser sends tough message on big overhaulJane Fraser: the woman trying to turn Citi around Citi: Fraser the Razor needs sharper edge in her battle with The Blob - - - - - - - - - - - - - - - - - - - - - - - - - - On X, follow Stephen Gandel, (@stephengandel), Joshua Franklin (@FTJFranklin) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
All eyes are on San Francisco today as U.S. President Joe Biden and Chinese leader Xi Jinping meet in a highly anticipated session during the Asia-Pacific Economic Cooperation summit being held in the U.S. for the first time in 12 years. The tightly choreographed discussions are expected to lead to announcements on a diverse array of topics from re-starting climate talks to improving military to military communications and combating the fentanyl trade. Bethany Allen, China reporter for Axios and author of Beijing Rules, joins Doorstep co-hosts Tatiana Serafin and Nikolas Gvosdev to discuss what motivates Xi and how China continues to wield its authoritarian economic statecraft to expand its illiberal influence worldwide. What can governments do to counter this influence? And what can businesses expect as Xi sits down to a $2,000-a-plate dinner with executives, including Microsoft's Satya Nadella, Citigroup's Jane Fraser, and Tesla and SpaceX's Elon Musk? For more, please go to: https://www.carnegiecouncil.org/media/series/the-doorstep/beijing-rules-bethany-allen
Wall Street finished mixed overnight in a quiet day of trade as markets wait for crucial inflation data tomorrow. The Dow Jones gained 55 points (+0.16%). Up 123 at best. Down 77 at worst. The S&P 500 fluctuated near its key 4,400 mark before edging lower 0.08%, while the NASDAQ fell 0.22% on cautious trading with CPI results tomorrow, as well as PPI and retail sales data later in the week. Treasury yields are stable, with the 10Y yield flat, down 0.8%, the USD Index fell 0.19%, and Oil prices firmed on the OPEC+ monthly report. Among stocks, Nvidia +0.6% announced updates to its H100 AI processor, and HP gained 0.58% on broker upgrades from Citigroup.ASX to open higher. SPI Futures up 68 points (+0.98%).Bullion prices ticked higher overnight, up 0.45% ahead of US inflation results this week.Base metals are broadly higher. Copper -0.60%, Zinc +% Nickel +1.26%, Aluminium +0.09%, Lead %, and Tin +0.53%.Iron ore rose for its fourth consecutive day of gains, up 0.23%, buoyed by optimism over Chinese property market sector-related stimulus.WTI and Brent Crude oil gained more than 1% after the OPEC+ monthly report eased worries about waning demand in China and the US.10Y yield: US 4.63%, Australia 4.66%, and Germany 2.71%.Why not sign up for a free trial? Get access to expert insights and research and become a better investor.Make life simple. Invest with Marcus Today.
The first female CEO of an American bank, Jane Fraser has a nickname: Fraser the razor. She talks to CNA presenter Dawn Tan about change management, the economic outlook, artificial intelligence (AI) and why leaders need to choose teams who can do better than them.See omnystudio.com/listener for privacy information.
Disney shares are moving higher following an earnings beat. Citigroup's Jason Bazinet discusses. Plus, the Nasdaq is on its longest winning streak in two years, with the boost in tech stocks coinciding with the drop in Treasury yields. Hargreaves Lansdown's Sophie Lund-Yates weighs in on the sector. And, GXO is cutting its full-year revenue outlook and warning of a holiday spending slowdown. GXO CEO Malcolm Wilson explains.
¡Hola! Soy Jaime Sotomayor, conductor del podcast Innovación Sin Barreras.En este episodio, tuvimos el honor de conversar con Mateu Batle, CEO y fundador de Rextie, una de las casas de cambio digital más grandes del Perú.Mateu nos compartió toda su experiencia como emprendedor y el nacimiento de Rextie, una startup que cambió por completo el mercado de cambio de divisas en el país. El momento más destacado de la entrevista fue cuando conocimos la gran alianza estratégica que se ha formado entre Rextie y una empresa gigante como Citigroup.Tuvimos la gran oportunidad de conocer de primera mano cómo fue este proceso de formar una alianza entre una startup y una gran empresa, así como también escuchar sobre los planes a futuro que Mateu planea para Rextie.Acompáñanos en este interesante episodio de Innovación Sin Barreras y descubre cómo es el camino para que una startup genere alianzas con grandes empresas.¿Te gustó este episodio? Te invito a suscribirte gratuitamente al podcast y al newsletter de Innovación Sin Barreras en https://blog.jaime.pe/. Así no te perderás de ninguna de nuestras entrevistas sobre startups, tecnología e innovación, donde extraemos valiosos aprendizajes directamente de aquellas personas en la cancha. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit blog.jaime.pe
Get your front row ticket to the shifting landscape of the business world this week! We're going under the hood of Citigroup's restructuring plan that could result in a massive 10% job cut. Wondering how that might impact you? Stay tuned. We're also pulling back the curtain on WeWork's bankruptcy filing, which is shaking up the office space industry. But that's not all. We're delving into Jamie Diamond's alarming warning about a potential global crisis, and trust us, you won't want to miss this conversation.As we steer the conversation into the second half, we're putting the spotlight on the brewing tensions in the Middle East and its potential to plunge the world into a crisis we haven't seen since World War II. We're rolling up our sleeves and getting deep into what this could mean for you and the global economy. So whether you're a seasoned investor or just curious about the state of the world economy, join us for this eye-opening exploration. We promise an episode filled with thought-provoking discussions, critical insights, and a comprehensive look at the current state of financial markets.This episode is brought to you by Skilled Property Finders - Home of the 21 Day Close!We will close on your property in 21 days or less OR we'll pay an additional $5,000.Visit www.skilledpropertyfinders.com to find out more.This episode is brought to you by Skilled Property Finders - Home of the 21 Day Close!We will close on your property in 21 days or less OR we'll pay an additional $5,000. Visit www.skilledpropertyfinders.com to find out more. Support the show
Pantuflitas y Papirrines, Acciones dicen mas que cualquier palabra! Veamos y analicemos el estado de los bancos y sus CEO's en este mercado. El petroleo va a la baja y nadie sabe por qué. Les explico!
Who are you listening to and for what reason? If you have been caught in a layoff or a company closure and you thought finding another job would be "easy," WHO HAVE YOU BEEN LISTENING TO?Links:https://www.linkedin.com/feed/update/urn:li:activity:7127317632172589060/https://www.nytimes.com/2023/11/06/business/wework-bankruptcy.htmlhttps://nypost.com/2023/11/06/business/citigroup-reportedly-mulling-deep-job-cuts/https://www.linkedin.com/news/story/companies-say-demand-is-weakening-5535161/Links where I can be found: https://causeyconsultingllc.com/2023/01/30/updates-housekeeping/Need more? Email me: https://causeyconsultingllc.com/contact-causey/
Today, Jack talks about Citigroup's announcement of upcoming mass-scale layoffs and weight loss drugs and how industries may be affected. Topics discussed: Citigroup's announcement of upcoming mass-scale layoffs Weight loss drugs and how industries may be affected Links mentioned in this episode: https://invstr.com/citigroup-debates-layoffs/ https://invstr.com/weight-loss-drug-economic-impact/ https://invstr.com/november-07-watchlist-5/
$40 billion in unrealized losses hitting the major big name banks. A deposit problem hit the big name banks as well. A small town Iowa bank has failed and been taken over by the FDIC. Stay aware! This does not sound to me like the banking crisis has ended and all is well.Links:https://causeyconsultingllc.com/2023/11/03/with-the-swiftness-of-a-lightning-strike/https://riabiz.com/a/2023/10/30/with-the-swiftness-of-a-lightning-strike-charles-schwab-corp-fires-as-many-as-2000-employees-with-no-public-announcement-affecting-legacy-schwab-as-well-as-td-ameritrade-staffershttps://causeyconsultingllc.com/2023/03/14/ideally-on-friday-night/https://nypost.com/2023/03/10/nypd-called-to-silicon-valley-bank-branch-as-depositors-attempt-to-pull-cash-report/https://www.reuters.com/business/finance/bofa-notifies-customers-temporary-industry-wide-deposit-delays-2023-11-03/https://dailyhodl.com/2023/11/03/40000000000-in-unrealized-losses-hits-jpmorgan-chase-as-bank-of-america-wells-fargo-and-citigroup-face-exposure-to-us-treasuries-report/https://causeyconsultingllc.com/2023/11/01/whats-ole-jamie-up-to/https://dailyhodl.com/2023/11/04/fifth-bank-failure-of-2023-declared-iowa-bank-insolvent-due-to-significant-loan-losses/Links where I can be found: https://causeyconsultingllc.com/2023/01/30/updates-housekeeping/Need more? Email me: https://causeyconsultingllc.com/contact-causey/
Governor Ron DeSantis has faced growing backlash and economic boycotts in response to controversial policies in Florida, including the "Don't Say Gay" bill that restricts classroom lessons on sexual orientation and gender identity. Major corporations like Disney have condemned these laws, pausing film productions and operations in the state. Advocacy groups have called for tourism boycotts, with estimates of potential losses up to $7 billion. Entertainment figures and artists have canceled Florida shows and events. Companies like Citigroup are halting relocations to the state. The collective economic pressure aims to protest DeSantis' measures seen as discriminatory against LGBTQ individuals and harmful to Florida's business interests. Legal challenges argue the policies are unconstitutional. The NAACP (National Association for the Advancement of Colored People) has issued statements criticizing Florida's "Don't Say Gay" bill and other policies under Governor Ron DeSantis. Here are some key points the NAACP has made: The NAACP President Derrick Johnson condemned the bill, saying it "follows a dangerous and divisive campaign led by Governor DeSantis attacking Black History Month, critical race theory, and now the fundamental human rights of the LGBTQ+ community." They argue the bill perpetuates dangerous discrimination against LGBTQ youth in Florida schools. The NAACP sees these policies as part of a broader agenda to stoke racial divisions and erase marginalized groups from schools. They contend DeSantis is spreading a dangerous political narrative. They have called for corporations, lawmakers and civil rights defenders to take direct action against policies like the "Don't Say Gay" bill that they believe harm young people. The NAACP pledged to advocate for the dignity, wellbeing and protection of all students in Florida, especially those within the LGBTQ community. They urged parents, educators, corporations and lawmakers to listen to marginalized youth and oppose legislation that denies human rights. Overall, the NAACP maintains that bills targeting protected classes like LGBTQ youth promote intolerance and run contrary to the goal of providing students with a high quality public education. They see a direct link between these measures and the broader struggle for civil rights. For more information, visit the website or send an email. email: firstname.lastname@example.org Web: https://www.wegotproblemspodcast.com Networking Group Join We Got Problems After Dark Our Websites https://wegotproblemspodcast.com https://curtisgmartin.com https://rhondawritesofficial.com https://thetrashvegan.com Follow us on Social Media: @curtismartin247 Curtis G Martin @therhondalbrown Rhonda L Brown @the_trash_vegan_ Caliph Johnson Sr #curtisgmartin #rhondalbrown #caliphjohnsonsr #wegotproblemsafterdark #wegotproblemspodcast #therhondalbrown #the_trash_vegan_ #curtismartin247 #wegotproblems #wegotsolutions #CurtisGmartin #RhondaLBrown #CaliphJohnsonSr #LaChekaPhillips
This episode of #TheNewAbnormal podcast features Paolo Gallo, a renowned executive coach, bestselling author and keynote speaker. He's the author of two superb books: 'The Compass and the Radar - the art of building a rewarding career while remaining true to yourself' and the newly published 'The Seven Games of Leadership - navigating the inner journey of leaders'. In his dynamic career he's been chief human resources officer at World Economic Forum in Geneva, chief learning officer at the World Bank in Washington, and director human resources at European Bank for Reconstruction & Development in London, with previous experiences at International Finance Corporation in Washington, D.C. and Citigroup in London, New York and Milan, his hometown. So, in the interview we discuss both of his books, and his fascinating viewpoints on issues including authenticity, ethics, trust, change, development, and reputation. Paolo is a deeply interesting individual, and I hope you enjoy listening to him as much as I did!
Last week, we took the ESG Insider podcast on the road for an in-person event in New York City about the evolving climate disclosure landscape. In this episode, we bring you highlights from our interviews at this ESG Insider Live event: Emily Pierce, Chief Global Policy Officer at climate software firm Persefoni, discusses the US regulatory outlook. She talks about what to expect from the pending climate disclosure rule from the US Securities and Exchange Commission — including how the SEC will approach Scope 3 emissions in the final rule. Neil Stewart talks to us about the global landscape for climate disclosures. Neil is the New York-based Director of Corporate Outreach for the IFRS Foundation, which formed the International Sustainability Standards Board (ISSB). Tim Mohin tells us about the challenges companies face in getting to grips with this landscape. Tim is the former chief executive of sustainability standards organization the Global Reporting Initiative (GRI), and a partner and director in climate and sustainability at the Boston Consulting Group (BCG). Val Smith, Chief Sustainability Officer at big bank Citigroup, provides a financial institution's perspective. She describes how investor expectations around sustainability reporting have evolved. Tune into next week's episode to hear more of our interview with Val. Learn more about the ESG Insider Live event hosted by S&P Global Market Intelligence on Oct. 19, 2023: https://events.spglobal.com/event/2f756e86-5dd7-40d1-b729-cc859e40be5f/summary Listen to our previous ESG Insider Live episode here: https://www.spglobal.com/esg/podcasts/live-the-year-the-human-component-of-nature-and-climate-comes-to-the-fore This piece was published by S&P Global Sustainable1, a part of S&P Global. Copyright ©2023 by S&P Global DISCLAIMER By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.
Chances are if you've seen any of the high-quality, professionally-produced promotional videos from Saudi government authorities or leading Saudi companies anywhere online, you've seen some incredible drone footage of Saudi Arabia. The 966 welcomes on to the program for Episode 109 Mohammed Ghazi and Abdulhadi Azouz from the aerial drone production company AZAerials, which films many of these amazing shots for high-profile public and private sector entities including the Ministry of Tourism, Ministry of Sports, Saudia Airlines, Aramco, MDLBeast, the General Entertainment Authority, Riyadh Season, Netflix, and many others. They are the Saudi-based drone operators and film producers creating the footage from the skies using state of the art drone technologies giving the world a never before seen view of a changing Kingdom. They've also worked on several of Saudi Arabia's jaw-dropping "drone light shows" at major events, creating images in the sky using hundreds or even thousands of drones for spectators below. The 966 hosts discuss their journey as Saudis growing up in America who moved to the Kingdom recently to take advantage of the significant opportunities in the filmmaking and content creation industry in Saudi Arabia and how Vision 2030 has created an opportunity for them as entrepreneurs.Before the discussion, the hosts discuss Richard's One Big Thing, which is an overview of the Kingdom's efforts to create a car industry from scratch with a diversified set of investments and initiatives that are just now gaining traction in Saudi Arabia. Then the hosts discuss Lucien's One Big Thing, which is Saudi Arabia's forecasted non-oil economic growth in 2023 and beyond. Saudi Arabia's Finance Minister Mohammed Al-Jadaan addressed Saudi Arabia's economy and fiscal situation in 2023 and beyond during his speech at the FII in Riyadh, noting that Saudi Arabia's non-oil gross domestic product (GDP) is expected to grow by around 6% this year and said it would continue to see similarly healthy growth in the years ahead.The hosts conclude as always with Yallah! 6 top storylines on Saudi Arabia to get you up to speed heading into the weekend. •A White House readout reported that President Joseph R. Biden Jr. spoke with Crown Prince and Prime Minister Mohamed bin Salman about the situation in the Middle East region.•JPMorgan CEO Jamie Dimon, Citigroup's Jane Fraser and other top names on Wall Street were in Saudi Arabia for the 7th FII investment conference as they try to look beyond risks that the Israel-Hamas war could widen into a regional conflict and deal a new blow to the global economy. •Saudi Energy Minister Prince Abdulaziz bin Salman said on Tuesday that recent multi-billion dollar acquisitions by U.S. oil majors Exxon Mobil and Chevron of smaller rivals showed that hydrocarbons were "here to stay".•A “boundary-pushing” esports festival is to take place in Saudi Arabia next summer. The inaugural Esports World Cup was announced by Saudi Crown Prince Mohammed bin Salman during The New Global Sport Conference and will be held annually.•South Korea's Hyundai Engineering & Constructionand Hyundai Engineering have signed a $2.4 billion contract with oil giant Saudi Aramco to build a gas processing plant, Seoul's presidential office said on Tuesday.•NEOM has today announced the inauguration of its strategic investment arm, the NEOM Investment Fund (NIF), NEOM's wholly owned subsidiary which is set up to support the buildout and development of NEOM's 14 priority sectors and deliver long-term value while enabling creation of jobs in NEOM.
On today's podcast, we look at bitcoin's 70% YTD gain and what that suggests for 2024. While some continue to voice skepticism, 425 million people globally today own digital assets. More than ever, financial advisors need to recognize the growing adoption of this new asset class, especially considering that over half of Gen Z is already invested. Major financial institutions - including BlackRock, JP Morgan, and Citigroup - are actively engaged. And it's easy to see why, with the market for tokenized assets projected to hit $16T by 2030. Clearly, the financial services industry is about to experience a transformative change. How are global regulations evolving, and where does the U.S. stand in this crypto race? Tune in for the latest insights.Subscribe to podcast updates: https://form.jotform.com/223614751580152Ask Ric: https://www.thetayf.com/pages/ask-ricRic's Books: https://www.amazon.com/stores/Ric-Edelman/author/B000APYJPM-----Links from today's show:Capturing Yields in a High-Rate Environment with Bond ETFs (Free Webinar - TODAY - Register HERE): https://dacfp.com/capturing-yields-in-a-high-rate-environment-with-bond-etfs/99 Bitcoin.com: https://99bitcoins.com/bitcoin-obituaries/?utm_medium=email&_hsmi=237322685&_hsenc=p2ANqtz-84lfpVg1ey4k0_Tve5oK_oxZClVKJf0H0AxO5Ykfm7zm1pNx0mtUhRk5n1tVLhe3f3fYa4QkAL105YHGuUHDz5wCwmRQ&utm_content=237322685&utm_source=hs_emailFINRA Foundation-CFA Institute Research Focuses on Gen Z Investors: https://www.finra.org/media-center/newsreleases/2023/finra-foundation-cfa-institute-research-focuses-gen-z-investorsThe Crypto Wealth Report: https://www.henleyglobal.com/publications/crypto-wealth-reportDigital Assets Council of Financial Professionals: https://dacfp.com/EY announces general availability of EY Blockchain Analyzer: Reconciler: https://www.ey.com/en_gl/news/2022/05/ey-announces-general-availability-of-ey-blockchain-analyzer-reconcilerMastercard demonstrates interoperable CBDC for trusted Web3 commerce in Australia and beyond: https://www.mastercard.com/news/ap/en/newsroom/press-releases/en/2023/mastercard-demonstrates-interoperable-cbdc-for-trusted-web3-commerce-in-australia-and-beyond/Tokenization of illiquid assets to reach $16T by 2030: Report: https://cointelegraph.com/news/tokenization-of-illiquid-assets-to-reach-16t-by-2030-reportCBDA designation - become Certified in Blockchain and Digital Assets:http://dacfp.com/certificatIon/Follow Ric on social media:Facebook: https://www.facebook.com/RicEdelmanInstagram: https://www.instagram.com/ric_edelman/ LinkedIn: https://www.linkedin.com/in/ricedelman/X (formerly Twitter): https://twitter.com/ricedelman YouTube: https://www.youtube.com/@RicEdelmanBrought to you by:Global X ETFs: https://www.globalxetfs.com/Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.htmlPrisidio: https://www.prisid.io/Schwab: https://www.schwab.com/Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee-----
Mark Miller, “Retirement Reboot” author, explains the differences between traditional Medicare and Medicare Advantage, and why timing is important when signing up for Medigap.Ryan Jackson, Morningstar Research Services manager research analyst, discusses how most actively managed funds outperformed their average passive peer over a 12-month period. itigroup Q3 Earnings Crushed EstimatesStrong Travel Demand Lifted Delta's Q3 EarningsSocial Security and Medicare in 2024The New Social Security COLA2024 COLA and Retiree's BudgetsTraditional Medicare vs. Medicare AdvantageWill Medicare Prescription Drug Prices Fall?Actively-Managed Funds vs. Passive Index FundsWhat Drove the Active Fund Rebound?Active Fund Managers' Outperformance How to Choose a Winning Active Fund Read about topics from this episode. Citigroup Earnings: Revenue Growth Is Working, but We Won't Know About Expenses Until 2024Delta Earnings: Higher Structural Costs Will Lead to New Equilibrium; Fair Value Down $1 to $40I'm 65 and Still Working. Should I Enroll in Medicare?Should You Delay Taking Social Security Benefits?Social Security for Beginners, Part I2024 Medicare Parts A & B Premiums and DeductiblesActively Managed Funds Surprise in Market ReboundLarge-Growth Active Fund Managers Have Faced an Uphill BattleWhen It Comes to Passive Bond ETFs, the Devil Is in the Details What to watch from Morningstar.Falling Mutual Fund and ETF Fees a ‘Big Win for Investors'TikTok: Risky Tax Advice and Supersize ValuationsPayment Pause Ends: Student Loan Expert Shares Repayment TipsUAW Strike Raises Investor Risks Read what our team is writing:Ivanna HamptonRyan JacksonMark Miller Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/Twitter: https://twitter.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/
On the 22nd November, the Chancellor Jeremy Hunt will give his Autumn Statement. He will update MPs on the country's finances and the government's plans for tax and public spending, based on the latest forecasts from the Office for Budget Responsibility.In this episode, we speak to Carl Emmerson, Deputy Director at IFS and Ben Nabarro, Chief UK Economist at Citigroup, about the underlying economic situation facing the Chancellor. Hosted on Acast. See acast.com/privacy for more information.
Mr. Robert I. Lipp joined Stone Point Capital in 2009 and has more than 30 years of experience in the financial services industry. Prior to joining Stone Point, Mr. Lipp served as a Director and Senior Advisor to JPMorgan Chase where he focused on international consumer banking and senior-level executive management development. He is the former Chairman and Chief Executive of Citigroup's Global Consumer Group, as well as a former Vice Chairman of Citigroup. Following his tenure at Citigroup, Mr. Lipp led the spin-off from Citigroup and the initial public offering of Travelers Property Casualty Corp., which at the time was the largest insurance industry IPO in U.S. history. He subsequently served as Chairman and CEO of Travelers Property Casualty Company until its merger with The St. Paul Companies, Inc. Mr. Lipp previously served on the Board of Directors at Accenture from 2001-2012. Mr. Lipp attended (and received an honorary degree from) Williams College. He graduated from Williams in 1960. He received his M.B.A. at Harvard University and his J.D. at New York University.
Netflix reports earnings after the close today. Citigroup's Jason Bazinet lays out the one metric to watch. Plus, Tesla's results are also on deck amid concerns about demand and margins. Roth Capital's Craig Irwin discusses his expectations. And, the latest string of positive economic data could complicate matters for the Fed. Van Lanschot Kempen's Anneka Treon and Gabelli Funds' Chris Marangi explain.
Kieran talks with Kenneth A. Blanco, Chief Compliance Officer for the Financial Crimes Unit at Citigroup, who is also a former Financial Crimes Enforcement Network (FinCEN) director and before that held several senior roles within the U.S. Department of Justice. Ken and Kieran discuss the challenges of being FinCEN's chief during the COVID-19 epidemic and his perspective on the Anti-Money Laundering and Corporate Transparency Acts created and passed during his tenure. Having now served within both the public and private sectors in the fight against financial crime, Ken also talks about what regulators, law enforcement and AFC professionals at financial institutions don't understand about each other and the importance of them joining forces in public private partnerships.
Citigroup's Jane Fraser is looking to reinvent one of the Big Four banks. Can she do it? (00:21)Matt Frankel and Deidre Woollard discuss: - The challenges facing Citgroup. - Why big banks have to get serious about high-yield accounts. - Charles Schwab's opportunity to build an integrated platform. (19:49) Mark Dixon, CEO of IWG, talks to Deidre Woollard about the changing role of the office in business life. Get your Stock Advisor discount here: www.fool.com/mfmdiscount Companies discussed: C, IWG, SOFI, WFC, BAC, JPM, ALLY Host: Deidre Woollard Guests: Matt Frankel, Mark Dixon Producer: Ricky Mulvey Engineers: Annie Pope, Dan Boyd
US stocks mostly finished lower on Friday as tech shares fell and volatility surged, despite earnings from three major banks – JPMorgan, Wells Fargo and Citigroup helping to offset some of the negative sentiment. Morgan Stanley's Mike Wilson sees a rebound in earnings in the latter half of 2024 but for now, his message to … Continue reading "Things Are Going To Get Worse Before They Get Better…"
Wir sehen eine Verschärfung der Lage in Israel und Gaza, was den Ölpreis um rund 4% anfacht. Marktteilnehmer dürften vor dem Wochenende erneut Zurückhaltung üben. Was die vor Handelsstart gemeldeten Ergebnisse betrifft, sehen wir auf breiter Front positive Reaktionen. Wie zu erwarten war, können die Quartalszahlen der Großbanken die stark gesenkten Ziele der Analysten übertreffen. Dazu gehören neben der Citigroup auch J.P. Morgan, Wells Fargo und PNC Financial. BlackRock steht vor allem wegen der überraschend hohen Kapitalabflüsse unter Druck. Absatz des Finanzsektors kann auch United Health von soliden Ergebnissen und angehobenen Aussichten profitieren. Abonniere den Podcast, um keine Folge zu verpassen! ____ Folge uns, um auf dem Laufenden zu bleiben: • Facebook: http://fal.cn/SQfacebook • Twitter: http://fal.cn/SQtwitter • LinkedIn: http://fal.cn/SQlinkedin • Instagram: http://fal.cn/SQInstagram
Exklusives Angebot für unsere Hörer: Testet Handelsblatt Premium 4 Wochen für 1 € und bleibt zu den Entwicklungen an den Finanz- und Aktienmärkten informiert. Mehr zum Vorteilsangebot der Handelsblatt-Fachmedien erfahrt ihr unter: www.handelsblatt.com/mehraktien * Ein Podcast - featured by Handelsblatt. Helfen Sie uns, unsere Podcasts weiter zu verbessern. Ihre Meinung ist uns wichtig: www.handelsblatt.com/zufriedenheit Wir sehen eine Verschärfung der Lage in Israel und Gaza, was den Ölpreis um rund 4% anfacht. Marktteilnehmer dürften vor dem Wochenende erneut Zurückhaltung üben. Was die vor Handelsstart gemeldeten Ergebnisse betrifft, sehen wir auf breiter Front positive Reaktionen. Wie zu erwarten war, können die Quartalszahlen der Großbanken die stark gesenkten Ziele der Analysten übertreffen. Dazu gehören neben der Citigroup auch J.P. Morgan, Wells Fargo und PNC Financial. BlackRock steht vor allem wegen der überraschend hohen Kapitalabflüsse unter Druck. Absatz des Finanzsektors kann auch United Health von soliden Ergebnissen und angehobenen Aussichten profitieren. Abonniere den Podcast, um keine Folge zu verpassen! __________________________________________________ ► Zur Opening Bell+: https://bit.ly/3tUqoRm * ► https://www.instagram.com/kochwallstreet/ ► https://www.facebook.com/markus.koch.newyork ► https://www.youtube.com/user/kochntv ► https://www.markuskoch.de/ *Werbung
La tensión en Oriente Medio después de que Israel bombardeara el enclave palestino de Gaza en represalia por uno de los ataques más sangrientos de su historia está provocando que el precio del crudo se dispare un 4% este lunes. El temor es que una respuesta de Irán en el estrecho de Ormuz suponga un riesgo para la oferta de petróleo. Los índices bursátiles reaccionan a este conflicto con caídas después de que la Bolsa de Tel Aviv se desplomara este domingo un 6%. El oro actúa como refugio y sube un 1% y el dólar se revaloriza frente al resto de divisas. En la tertulia de mercados de Capital Intereconomía Fernando Fernández-Bravo, responsable de ventas institucionales de Invesco; Romualdo Trancho, director de Desarrollo de Negocio de Allianz Global Investors: Rafael Ximénez de Embún, CFA Managing Director Iberia & Latam Muzinich & Co; y Gonzalo Rengifo, director general de Pictet AM analizan la respuesta y las repercusiones que puede tener este conflicto en los mercados. Además ponen el foco en otras citas destacadas de esta semana como el dato de inflación de septiembre que se va a publicar en EEUU, las actas de la última reunión de la Reserva Federal o los resultados empresariales que van a presentar durante los próximos días compañías como JP Morgan, Citigroup,Wells Fargo, Pepsico, Delta Airlines o UnitedHealth.
This week, we have banking and the recent rise in government bond yields in focus. Mary Daly, president of the San Francisco Federal Reserve, tells us that the run-up in bond yields means the need for another interest rate hike is “diminished.” But with the September jobs report showing job growth remaining stronger than expected, and the Fed seemingly committed to keep interest rates high, what could that mean for three of the biggest banks, JPMorgan Chase, Wells Fargo and Citigroup, who are set to report earnings this week? And what could it mean for how they handle our money? Then, we're flying into Delta's earnings report, also expected this week, with analyst Sheila Kahyaoglu, who covers the stock for the investment bank Jefferies. How is Delta navigating through the rough skies of high fuel and maintenance costs and the recent controversial changes to its Skymiles program, and what does that say about the state of travel and consumer spending? Plus, we're looking ahead to this week's release of the new Taylor Swift “Eras Tour” concert movie. The movie industry has problems. Could the record-breaking artist's film – and a deal to distribute Beyonce's Renaissance concert movie too – help solve them, and provide AMC shareholders with a blockbuster profit? Further Reading It's a Good Time to Buy Bonds. Just Know What You're Getting Into. Fed Holds Rates Steady but Pencils In One More Hike This Year Costlier Fuel and Labor Cut Into Corporate Profit Taylor Swift Concert Film Brings ‘Eras Tour' to Movie Theaters Will Taylor Swift's ‘Eras Tour' Become the First $1 Billion Tour? For more coverage of the markets and your investments, head to WSJ.com.
This week, we interview Anjan Thakor, Senior Associate Dean, and John E. Simon, Professor of Finance at the Olin Business School, Washington University in St. Louis. Thakor was previously The Edward J. Frey Professor of Banking and Finance at the Ross School of Business, University of Michigan, where he also served as chairman of the Finance area. He has served on the faculties of Indiana University, Northwestern University, and UCLA. He has worked with many companies, including Whirlpool Corporation, Allision Engine Co., Citigroup, RR Donnelley, Dana Corporation, Anheuser-Busch, Zenith Corporation, Lincoln National Corporation, J.P. Morgan, Landscape Structures, Inc., CIGNA, Borg-Warner Automative, Waxman Industries, Reuters, The Limited, Ryder Integrated Logistics, AT&T, CH2M Hill, Takata Corporation, Tyson Foods, Spartech. He has published over 75 research papers and seven books. He is past managing Editor of the Journal of Financial Intermediation and past president of the Financial Intermediation Research Society. He has a Ph.D. (Finance) from Northwestern University.
In this episode, we dive into the intriguing journey of Wei Li, who currently holds the prestigious role of Global Chief Investment Strategist at BlackRock, a powerhouse in the investment world. Wei's story is a testament to the power of adaptability and perseverance. Born in the little-known city of Chongqing, China, Wei Li's parents, both teachers, exemplified the courage to embrace change as they moved from their steady life in the heart of China to the vibrant coastal region. This early exposure to risk-taking and transformation left a lasting impact on Wei. Wei's upbringing shifted as she followed her parents to the rapidly evolving city of Shenzhen. Eventually, her educational path led her overseas to Singapore and the UK, where she majored in mathematics. Little did she know, this passion for numbers would set the foundation for her future career in finance. The financial world wasn't initially Wei's plan, but an eagerness to compete and a curiosity for the trading floor led her to internships at Wall Street firms. Her journey began at Lehman Brothers, followed by Citigroup, where she honed her skills in trading and derivatives. Eventually, she found herself at BlackRock, initially focusing on ETFs before ascending to her current role as Global Chief Investment Strategist. Throughout her career, Wei encountered various challenges, such as language barriers and public speaking anxiety. Being a non-native English speaker, she initially struggled with quick-paced conversations and articulating her thoughts. However, she turned this challenge into a strength by leveraging it as a unique attribute, ultimately gaining both credibility and flexibility. Two key pieces of advice have guided Wei Li throughout her career. First, she learned the value of being 80% "good enough" instead of aiming for absolute perfection, especially in rapidly changing environments. Second, she internalized the importance of being replaceable, which fostered a culture of sharing and learning within her team. Addressing the misconception about introverts, Wei highlights that introversion is about recharging preferences, not limitations in interacting with others or public speaking. She developed the "Quiet Riot" initiative at BlackRock, aimed at helping introverts navigate louder environments and improve public speaking skills. As Global Chief Investment Strategist, she navigates complex macroeconomic insights and leverages research to guide asset allocation across various markets. Amidst the noise and volatility, Wei emphasizes the importance of having a strong framework to interpret the evolving global landscape. Wei Li's journey from Chongqing to the pinnacle of the finance world is not just a story of professional success, but a testament to embracing change, utilizing unique perspectives, and overcoming challenges. Her experience offers valuable lessons for anyone navigating a dynamic career path. Tune in to this episode as we delve into Wei Li's remarkable journey and gain insights into her strategies for thriving in the financial world and beyond.
Welcome back and welcome to a brand new month. However, the "September Slump" on Wall Street looks like it continues into October. Details are coming up along with new stories about labor unions and a surprising number of strikes already this year. If you want to reach us on social media and if you're on Threads you can find us @Insight_On_Business. And you can hook up with us all day on Twitter or "X" @IOB_NewsHour and on Instagram. Here's what we've got for you today: How about some beer with your...pot; Tesla sells more vehicles but not on target; CitiGroup says "cracks" are showing among consumers; Office space pricing continues to slide; "What's the point in working hard?" Say some employees; The UAW just reached a contract agreement but... The Wall Street Report; This could be the largest health care strike...ever; Guess how many strikes have happened this year...we'll share. The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on PlayerFM, Podbean, iTunes, Spotify, Stitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon on News/Talk 1540 KXEL. The Business News Hour is a production of Insight Advertising, Marketing & Communications. You can follow us on Twitter @IoB_NewsHour...and on Threads @Insight_On_Business.
Today we're talking with Jonathan Clements, the founder and editor of the personal finance website HumbleDollar and author of nine personal finance books. Earlier in his career, Jonathan spent almost 20 years at The Wall Street Journal, where he was the newspaper's personal finance columnist, and six years at Citigroup, where he was director of financial education for the bank's U.S. wealth management arm. Today we are interested in speaking with Jonathan about topics he covers in two of his books: "How to Think About Money" and his most recent book "My Money Journey: How 30 People Found Financial Freedom – And You Can Too." Note that one journey described in this book is that of a person who “makes a comeback in midlife.” Connect with us! @catchinguptofi buy CUtFI a coffee Resources mentioned on the show: Humble Dollar The White Coat Investor's Financial Boot Camp: A 12-Step High-Yield Guide to Bring Your Finances Up to Speed by James M Dahle Saving Our Retirement by Bill Yount How to Think About Money by Jonathan Clements My Money Journey: How 30 People Found Financial Freedom - And You Can Too by Jonathan Clements What is the Easterlin paradox? Catching Up to Fi Episode 039 with Mark Trautman Catching Up to FI Episode 019 with Fritz Gilbert Catching Up to FI Episode 022 with Jordan Grumet Taking Stock: A Hospice Doctor's Advice on Financial Independence, Building Wealth, and Living a Regret-Free Life by Jordan Grumet The Seven Stages of Money Maturity: Understanding the Spirit and Value of Money in Your Life by George Kinder Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.
In this CNBC exclusive, Citigroup CEO Jane Fraser joins Sara Eisen to discuss the vision behind splitting Citi into five business units, whether layoffs are part of the restructuring plan, and how the company intends to unlock more value.
US equity futures are indicating a flat open as of 04:45 ET. This follows Asian markets trading mixed, while European equity markets have also opened mixed. Risk appetite has slightly improved, though it comes on the back of recent weakness in equity markets. China property stocks also remaining in focus and are at 12-year lows amid persistent concerns over repayment difficulties and rising default risk. Companies Mentioned: China Evergrande, HSBC, Citigroup, McDonalds, Ryanair, Boeing
On this week's episode, host Colbert Cannon sits down with Mark Rubenstein, Head of Strategic Investment Partners North America at HPS. We talk about Mark's early days at Citigroup's leveraged finance division and his transition to the bank's Special Situations Group. He then recounts the pivotal moments that led him to join HPS and the evolution of the firm during his tenure.Learn more about Mark Rubenstein and his role at HPS here. Check out his Best Idea, the book Am I Being Too Subtle? by Sam Zell here. Learn more about Magog, Quebec, Colbert's Best Idea for this week, here.
Citi Group launches Blockchain Payments Product, DeFi-based L1 Canto to migrate to a ZK L2 on Ethereum, The new Ethereum SVM L2, Arbitrum Odyssey is back, Optimism Airdrop #3, Optimism met with Pessimism, Permissionless Takeaways, ApeCoin DAO vote & more!
Retirement planning and wealth management are becoming synonymous with financial wellness. It encompasses not just monetary security but also the tools and knowledge to navigate the intricate pathways of personal finance. As financial wellness takes center stage in retirement planning, interwoven with coordination and strategic technology integration, advisors and individuals can maximize their financial outcomes and achieve long-term peace of mind. In this episode, Jack talks with Aaron Schumm, Founder and CEO at Vestwell. Aaron founded Vestwell in 2016 to close the American savings gap by modernizing how individuals and small businesses save. Before Vestwell, Aaron co-founded FolioDynamix, which is now part of Envestnet. Aaron brings over 20 years of fintech and finserv experience from industry-leading companies, including Northern Trust, Citigroup, and Fiserv. Dedicated to serving millions of undersaved Americans, Aaron talks to Jack about the vital role the workplace retirement business is playing in bringing on new investors, helping them with the tools and capabilities they need to make their retirement savings journeys as productive as possible, as well as showing them how to maximize their financial results and peace of mind. Key Takeaways [01:27] - How Vestwell addresses financial wellness in the workplace. [06:19] - How Vestwell provides personalized recommendations for individuals. [08:20] - What the future holds for integration and coordination in wealth management. [12:46] - Vestwell's expansion of pooled and multiple employer solutions. [13:47] - How Vestwell addresses the retirement needs of workers with multiple jobs and rollovers. [16:11] - Exciting developments and plans for Vestwell. [17:53] - Aaron's three key takeaways. [19:52] - Aaron's interests and activities outside of work. Quotes [06:05] - "Our role is to help facilitate and guide that next best dollar and provide the experience to the end user that allows them to know what they're doing and how they can best optimize to save for their future." ~ Aaron Schumm [18:11] - "Expanding into the workplace offering is a core anchor for anyone who wants to engage in a future wealth program." ~ Aaron Schumm [18:24] - "The demand we're seeing on the financial wellness side, where people are just saying, ‘Hey, help me work through this or help me think through this and create an actionable result', is really important. And the key is that last piece, making it actionable." ~ Aaron Schumm Links Aaron Schumm on LinkedIn Vestwell Gradifi Morgan Stanley Connect with our host LifeYield Jack Sharry on LinkedIn Jack Sharry on Twitter Subscribe and stay in touch Apple Podcasts Spotify LinkedIn Twitter Facebook
Citigroup's new tokenization service is a significant development for the financial industry. It shows that major banks are serious about blockchain technology and its potential to revolutionize cash management and trade finance.Tokenization is the process of converting traditional assets, such as cash and securities, into digital tokens that can be traded on a blockchain. This has a number of benefits, including:Increased efficiency and speed of transactionsReduced costsImproved transparency and securityNew investment opportunitiesCitigroup's tokenization service is still in its early stages, but it has the potential to transform the way that institutional clients manage their cash and trade finance.How Chainlink and Avalanche might play a role in tokenization of assetsChainlink and Avalanche are two blockchain platforms that could play a significant role in the tokenization of assets.Chainlink is a decentralized oracle network that provides real-world data to smart contracts. This is essential for tokenizing assets, as it allows smart contracts to access and process real-world information, such as market prices and asset ownership records.Avalanche is a high-performance blockchain platform that is well-suited for tokenization applications. It offers fast transaction times, low fees, and a wide range of features that make it ideal for developing and deploying tokenized assets.Here are some specific examples of how Chainlink and Avalanche could be used to tokenize assets:Chainlink could be used to feed real-time market prices to a smart contract that governs a tokenized asset. This would allow the smart contract to automatically adjust the price of the asset based on market conditions.Avalanche could be used to create a scalable and efficient platform for trading tokenized assets. This would allow institutional investors and other market participants to trade tokenized assets quickly and easily.Overall, Chainlink and Avalanche are two blockchain platforms that have the potential to play a significant role in the tokenization of assets. Their unique features and capabilities make them well-suited for this emerging application.In addition to the above, here are some other ways that Chainlink and Avalanche could be used to tokenize assets:Chainlink could be used to verify the authenticity of assets before they are tokenized. This would help to prevent fraud and ensure that only legitimate assets are tokenized.Avalanche could be used to create a decentralized marketplace for tokenized assets. This would allow buyers and sellers to trade tokenized assets directly with each other, without the need for a central intermediary.Overall, the tokenization of assets is a rapidly growing trend with the potential to revolutionize the financial industry. Chainlink and Avalanche are two blockchain platforms that are well-positioned to play a leading role in this space.