Coinbase cuts 14% of staff, citing crypto slump and AI
Key insight: Coinbase is pairing the layoffs with a structural overhaul — capping management at five layers below the CEO and COO, requiring all leaders to remain individual contributors and concentrating hiring around what CEO Brian Armstrong called “AI-native pods.” What’s at stake: About 700 Coinbase employees will lose their jobs effective immediately, joining a […]
Conduct this diagnostic to see if AI recommends your firm
How AI is Shaping the Financial Advisory Landscape Recently, I opened Anthropic’s AI assistant Claude and typed in: “Recommend a financial advisor for someone with $5 million or more in investable assets in St. Louis.” Processing Content Samantha Russell is chief evangelist at FMG. The chatbot offered up four advisory practices — none of which […]
Banking Associate – 20 hrs – Brighton, MA
Empowering Careers at TD Bank in Brighton, Massachusetts TD Bank, recognized as one of the world’s leading financial institutions and the fifth largest bank in North America, is seeking a dedicated Banking Associate to join their team in Brighton, Massachusetts. The position offers a unique opportunity to engage in a dynamic environment that fosters growth […]
Bank Associate – Harleysville PA (20 Hours)
TD Bank’s Banking Associate Role in Harleysville, Pennsylvania TD Bank, one of the world’s leading global financial institutions and the fifth largest bank in North America, is seeking a dedicated and customer-focused Banking Associate for their Harleysville, Pennsylvania branch. This key role, which involves a 20-hour work week, carries a competitive hourly pay rate of […]
UK needs closer EU ties in multipolar world – BoE’s Bailey
UK’s Need for Closer EU Ties in the Multipolar World: A Perspective by BoE’s Bailey As the world becomes increasingly multipolar, dominated by the US and China, the UK needs to foster a closer trading relationship with the European Union (EU). This sentiment was recently expressed by the Governor of the Bank of England (BoE), […]
More banks tap outside professionals for help with CRA investing
Shifting Perceptions: Banks Embrace Low-risk, High-impact Community Reinvestment Act Investments Contrary to traditional views, Community Reinvestment Act (CRA) investments are no longer seen as high-risk, low-return ventures. Instead, an increasing number of banks are recognizing the potential for such investments to yield high-impact, low-risk results, particularly in the realm of affordable housing projects. With banks […]
Chime hits GAAP profitability in Q1
Chime Hits GAAP Profitability in Q1 In a significant development for the neobank Chime, the company reached GAAP (Generally Accepted Accounting Principles) profitability in the first quarter of 2026. This important milestone follows their highly successful initial public offering a year ago, and has been eagerly anticipated by Wall Street investors. The news was announced […]
Anthropic might want to hire you, if you’re worked in private equity
The Appeal of Anthropic for Young Financiers If you’re a young financier looking to make a move to a big AI company like Anthropic, you may be in luck. According to eFinancialCareers, Anthropic’s CFO, Krishna Rao, recently spoke on the “Invest Like The Best” podcast with Patrick O’Shaughnessy and mentioned that the firm has hired […]
How an advisor left the mailroom and built a white-glove UHNW niche
When You’re in That Tax Bracket: Building a White Glove UHNW Niche When it comes to serving clients in ultra-high net worth (UHNW) brackets, the approach taken by financial advisors needs to be thoughtful and personalized. According to a recent interview with a seasoned advisor, the key lies in developing deep relationships with clients and […]
Bank Australia and P&N Bank explore merger
Bank Australia and P&N Bank Explore Merger to Form Australia’s Largest Mutual Bank In a recent announcement, Bank Australia and P&N Bank have declared their intention to explore a potential merger. This union could result in the creation of the largest mutual bank in Australia. This significant news in the banking industry comes as a […]