Alternative assets: Transformative role of AI
In the rapidly evolving financial landscape, traditional asset classes like equities and bonds are frequently proving inadequate for meeting investors’ desired returns or risk hedging needs. This has led to the rise of alternative assets – a broad spectrum of investment opportunities that include private equity, real estate, cryptocurrencies, renewable energy projects, and collectibles. Previously […]
PBoC’s Pan links China’s surplus to flaws in monetary order
Global Imbalance: A Result of Single Currency Dominance in International System China’s surplus isn’t a consequence of the global trade order but of the inherent features of the international monetary system. This perspective was affirmed by the governor of the People’s Bank of China (PBoC), Pan Gongsheng. Speaking at the annual China Development Forum in […]
$1.25B AUM ex-First Republic team exits JPMorgan, joins Janney
JPMorgan Faces Advisor Exodus from Former First Republic Bank Nearly three years after acquiring First Republic Bank, JPMorgan is still seeing advisors from that former private wealth powerhouse slip away to rival firms. The Apollo Group — a prominent six-person team First Republic previously recruited from Morgan Stanley — left JPMorgan earlier this month to […]
Women entering wealth management at unprecedented rate
The rising number of women entering wealth management and launching registered investment advisory firms signal that the industry’s infamously low female representation may be changing. But women nevertheless comprise only 28% of registered representatives, 21% of producing financial advisors and 22% of industry C-suite executives, according to a study released earlier this month by FINTRX, […]
Banks on notice on liquidity as crises compound
The Importance of Crisis Preparedness for Financial Institutions Amid Global Challenges In a rapidly changing global scenario, the Council of Financial Regulators (CFR) has underscored the significance of banks maintaining robust levels of capital and liquidity. The council’s remarks come amidst broader initiatives to reinforce crisis preparedness arrangements within the banking and finance sector. It […]
Activist investor wants board shakeup at Maryland-based Eagle
Activist Investor, Diligence Capital Management, Seeks Board Shakeup at Eagle Bancorp Diligence Capital Management, an activist investor, is advocating for a board overhaul at Eagle Bancorp, a Maryland-based lender grappling with office loan issues and presently in search of its next CEO. This initiative by Diligence Capital Management, which owns 27,500 shares in Eagle, is […]
RBA releases final rules on merchant costs and surcharging next week
Upcoming Release of Reserve Bank of Australia’s Conclusions Paper on Merchant Card Payment Costs and Surcharging The Reserve Bank of Australia (RBA) has announced that it will be releasing its Conclusions Paper on the Review of Merchant Card Payment Costs and Surcharging on March 31st. This follows a Consultation Paper the bank proposed last July, […]
Revolut, the fintech hiring 0.15% of applicants, raised pay
Revolut’s Growth and Success in 2026 Revolut, the digital banking and financial services company, has been making significant strides in its growth and success. Recently, it announced that it had obtained its UK banking license, marking a major milestone for the company. Additionally, its revenue surged by an impressive 46% last year, further solidifying its […]
5 pivots for advisors to keep women at the table
Every year or so, the wealth management industry rediscovers women. A new study appears, and we’re reminded that women control a growing share of wealth but remain underserved by financial advisors. The usual conclusion — that far too many women do not receive the high-quality financial advice that they need — is often framed as […]
BIS study uncovers credit crunch driven by geopolitics
The Impact of Geopolitics on International Trade and Credit Flows: A BIS Study A recent study conducted by the Bank for International Settlements (BIS) uncovers the profound influence geopolitics has on banking activity, particularly in the wake of geopolitical shocks. The research reveals that international trade tends to recover more rapidly than credit flows post […]