5 takeaways from Jerome Powell’s award speech
Federal Reserve Gov. Jerome Powell Receives Profiles in Courage Award Federal Reserve Gov. Jerome Powell, who recently stepped down as the head of the U.S. central bank, was honored with the John F. Kennedy Library Foundation’s Profiles in Courage Award for his steadfastness in resisting pressure from President Donald Trump to lower interest rates. The […]
Just 5% of U.S. family offices say next generation is prepared: UBS
Many family offices, like their broader wealth management counterparts, aren’t prioritizing the preparation of the next generation of decision-makers for leadership roles. That’s one conclusion of the latest edition of UBS’ annual “Global Family Office Report,” which surveyed more than 300 family offices in 30 markets throughout the world. Succession Planning in Family Offices The […]
From digital to agentic: How Huawei is building the next generation of banking
Jason Cao, the CEO of Huawei Digital Finance BU, recently unveiled the company’s latest innovation in financial strategy. Over sixteen years of consistent technological advancements have transformed Huawei from a provider of standard hardware and software to a market leader in comprehensive industry solutions. The company now focuses on agentic banking, thanks to its continuous […]
AFI’s Alfred Hannig on the criticality of financial inclusion
Understanding the Objectives of the Alliance for Financial Inclusion (AFI) The Alliance for Financial Inclusion (AFI) was established in 2009 with the express goal of advancing policies that effectively provide safe, robust, and lasting financial services for everyone. This global network of financial policy-makers and regulatory institutions was born out of the collaborative efforts of […]
Banking internships: A complete guide to summer analyst programs
Getting a Job in an Investment Bank: The Importance of Internships Getting a job in an investment bank is a challenging task, especially if you are aiming for front office roles like M&A or sales & trading. The key to breaking into this competitive industry is through securing an internship. Internships are crucial for gaining […]
The 4 AI tools I use in my practice — and 3 questions to avoid ‘AI ick’
A Few Weeks Ago, I Walked into a Client Meeting… A few weeks ago, I walked into a client meeting with an entrepreneur who was in the process of selling his business. Fifteen minutes before the meeting started, I’d scanned a 120-page brokerage statement I’d received the night before into one of my artificial intelligence […]
Wise faces Belgian money-laundering investigation
Belgian Prosecutors Investigate Money Laundering Allegations Against Wise The London-based financial technology firm Wise is under investigation by Belgian prosecutors over alleged money laundering activities. The case revolves around the company’s European arm, Wise Europe, which is suspected of facilitating illicit transactions tied to drug trafficking, fraud, and corruption. This development makes Belgium the third […]
Absa gets approval to buy Standard Chartered Uganda assets
Absa Bank Uganda Acquires Standard Chartered Uganda’s Wealth and Retail Banking Business Absa Bank Uganda, a prominent South African banking group, has received approval from the Bank of Uganda to acquire Standard Chartered Uganda’s wealth and retail banking operation. As reported by Retail Banker International, this acquisition was agreed upon in October 2025 and is […]
New Jersey’s BCB appoints new CEO
Serial Bank Fixer Thomas O’Brien Takes the Helm at BCB Bancorp Thomas O’Brien, a seasoned bank executive known for his expertise in turning around struggling financial institutions, has been appointed as the new president and chief executive of Bayonne, New Jersey-based BCB Bancorp and its subsidiary, BCB Community Bank. O’Brien brings nearly five decades of […]
SPLC controversy underscores key limitation of donor-advised funds
Financial advisors now have an important example to point to when explaining a key limitation of donor-advised funds: Sponsors retain the final say over where charitable dollars go. Processing Content Recently, a prominent charity stopped being an option for clients of large donor-advised fund sponsors. Charles Schwab, Fidelity and Vanguard each barred the DAFs they […]