The dumbest debate in Australia ever
Over the years, Australia has been home to several debates that have caused a stir, but none quite as absurd as the one concerning the Capital Gains Tax (CGT) reform. This debate, marked by a series of seemingly endless arguments, has been dubbed “The Dumbest Debate in Australia Ever” by many commentators. The Capital Gains […]
Pay for private equity secondaries professionals was mighty after a strong 2025
The Lucrative World of Secondaries in Private Equity If you grew up dreaming of a career in private equity, chances are that working in secondaries wasn’t on your radar. However, recent data from recruitment consultancy Jensen Partners suggests that professionals in the secondaries market are raking in substantial rewards. In fact, the average secondaries professional […]
Alabama community bank to introduce digital small-business brand
Introduction: 22nd State Banking Co.’s Reinvention Journey Amid a wave of digital transformation in the banking sector, 22nd State Banking Co., a community bank based in Mobile, Alabama, is taking a bold new step. The bank is evolving its business model to introduce a national online small business lender under the banner of Always.bank. This […]
Morgan Stanley exemption comes under fire
Senator Elizabeth Warren Demands Revocation of Morgan Stanley Exemption Senator Elizabeth Warren, D-MA, demanded Wednesday that three regulators revoke their approval of an exemption that allows Morgan Stanley to incorporate its German investment bank into its holding company. Analysis of the Exemption Warren pointed out that the Federal Reserve, Office of the Comptroller of the […]
Cloud maturity is the deciding factor for which banks actually scale AI
In the rapidly evolving digital age, the correlation between cloud maturity and the successful implementation of Artificial Intelligence (AI) is becoming increasingly evident, particularly in the banking sector. As organisations strive to incorporate AI into their daily operations, the readiness and maturity of their cloud environment becomes a critical factor determining the success of such […]
UBS is unleashing people with the most desirable skills into the market. Or not
An Era Coming to an End at UBS An era is coming to an end at UBS. When the Swiss bank announced its first quarter results in April, it revealed that the assets remaining in its non-core division had been reduced to $20.bn. That sounds like a lot, but in 2023 the unit had $84bn […]
House advances community bank relief bills
The House Proposes Regulatory Relief for Small Banks The U.S House of Representatives has recently passed three bipartisan bills aimed at providing regulatory relief and support for community lenders. These bills are part of an ongoing initiative by House Republicans to reduce the regulatory burdens on small financial institutions, thereby improving their operational efficiency and […]
OCC’s Gould justifies conditional trust charter approvals
Comptroller of the Currency Jonathan Gould Defends National Trust Bank Charters Comptroller of the Currency Jonathan Gould recently defended the Office of the Comptroller of the Currency’s (OCC) conditional approval of several national trust bank charters amid criticism from bank trade groups and Democratic lawmakers. During Semafor’s Banking on the Future Forum, Gould emphasized that […]
Shared context is King: Enhancing risk decisions with cross‑functional insights
The Power of Context in Risk and Compliance Risk and compliance professionals juggle a never-ending stream of alerts. Even for the most seasoned analysts, deciphering these alerts, which only provide fragmented data, can be daunting. The result? Sluggish investigations, overlooked warning signs, and mounting regulatory pressure. However, the game changes when this transaction data is […]
Singapore macro people are having a moment: “50% upticks to change jobs”
Singapore Macro Hiring Boom If you work in Singapore and you also work on a macro (rates or FX desk), this is a fine time. There are people who would like to hire you. One junior macro trader in Singapore informs us that his phone has been ringing with headhunters. How many headhunters? “Quite a […]