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Citi revamps pay for wealth bankers
More bonuses will go to those who move client assets into investments, and less to those who sell new loansBusiness - Financial Times - 19 hours ago -
City of Akron pays $4.85 million to family of Jayland Walker
The city of Akron, Ohio has agreed to pay nearly $5 million to the family of Jayland Walker, a Black man officers shot more than 40 times after a car chase. In a joint statement released on ...Politics - The Hill - October 21 -
Most in new poll say campaigns should pay cities that host rallies
Most Americans believe presidential campaigns should pay local governments’ expenses after holding rallies, a new poll from YouGov shows. Three-quarters of Americans said campaigns should ...Politics - The Hill - 6 days ago -
City of Troy pays price for slow start in Breeders’ Cup Classic
Aidan O’Brien’s colt trails in disappointing eighth place Race won by Sierra Leone, another Coolmore horse In racing, as in life, it is always a good idea to have a Plan B. City Of Troy’s ...World - The Guardian - 5 days ago -
HSBC to Revamp Organizational Structure
Europe’s largest bank by market value will split off its Hong Kong and U.K. businesses as individual units.Business - The Wall Street Journal - October 22 -
Sainz wins F1 Mexico City Grand Prix as Norris makes Verstappen pay penalty
Briton splits Ferraris to come second; Leclerc third Verstappen trails in sixth after double penalty Lando Norris might have been beaming by the end of the Mexico City Grand Prix but the British ...World - The Guardian - October 27 -
Is M.L.B.’s Revamped Playoff Format Fair?
Frequent upsets have prompted questions about the 12-team tournament.Sports - The New York Times - October 14 -
Trump’s GOP moves to dramatically revamp election rules
Republican allies of former President Trump have embarked on a sweeping effort to restrict voting and purge voter rolls across the country since the 2020 election, something critics fear could ...Politics - The Hill - October 15 -
UK regulator sets out plans for earlier banker bonuses
Prudential Regulation Authority chief says 8-year deferral period, introduced after financial crisis, could be cut to 5 yearsBusiness - Financial Times - October 18 -
Disgraced Lebanese Central Banker Who Was a Fugitive Now Awaits His Fate
Riad Salameh was arrested on graft charges and accused of undermining Lebanon’s economy, as the Israel-Hezbollah war further destabilizes the country.World - The Wall Street Journal - 5 days ago -
Spanish central banker set to inherit big challenges as next BIS head
Pablo Hernández de Cos to take over amid fears Donald Trump will derail progress on setting capital standards for world’s biggest lendersBusiness - Financial Times - 2 hours ago -
Switzerland’s wealth managers bank on a future in Asia
Hong Kong and Singapore are the world’s rising wealth centresWorld - Financial Times - October 16 -
The great wealth transfer is underway. Here's how to prepare
The great wealth transfer is underway with an estimated $84 trillion projected to change hands by 2045. Here's how families can prepare.Business - CNBC - October 24 -
Why America’s polarized politics can be hazardous to your investment returns
Which would you rather have: more profit or political beliefs that are never challenged?Business - MarketWatch - October 26 -
StanChart to double investment in wealth management as profits rise
Wealth business had record quarter as revenues rose 32%Business - Financial Times - October 30 -
The conversation: Have the revamped Warriors put the right pieces around Stephen Curry?
Let's preview of the 2024-25 Golden State Warriors, including their best-case and worst-case scenariosSports - CBS Sports - October 15 -
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Malaysia to revamp gasoline subsidies and raise taxes in a bid to narrow deficit
Malaysia will introduce new taxes and revamp gasoline, education and healthcare subsidies next year as part of aggressive reforms to narrow the country's fiscal deficitWorld - ABC News - October 18 -
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Singapore Airlines will add first class, revamp cabins for longest flights
Singapore Airlines will add a first class to its ultra-long-range aircraft and increase the number of business class seats in race for high-spending travelers.Business - CNBC - 4 days ago -
5 ways Trump’s return could revamp the global order
For the past year, allies and adversaries alike have cautiously tried to position themselves on the right side of former President Trump in case he returned to the White House in 2025, through ...Politics - The Hill - Yesterday -
How an ex-Goldman banker built a $10bn private credit ‘whale’ — and now may sell it
After years of preparation, HPS is on the verge of either a deal or an IPOBusiness - Financial Times - October 24 -
Bangladesh central banker accuses tycoons of ‘robbing banks’ of $17bn with spy agency help
Conglomerate rejects claim it co-operated to siphon money out of the country during rule of ousted Sheikh HasinaWorld - Financial Times - October 28 -
Trio of professors win Nobel economics prize for work on post-colonial wealth
British-born Simon Johnson and James A Robinson and Turkish-American Daron Acemoğlu share £810,000 prize . Three US-based professors, including two UK-born academics, have been awarded this year’s ...World - The Guardian - October 14 -
Trio of economists wins Nobel Prize for work on wealth of nations
Daron Acemoglu, Simon Johnson and James Robinson commended for advancing understanding of inequalityBusiness - Financial Times - October 14 -
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyBusiness - Financial Times - October 14 -
Dozen Labour MPs join call for 'extreme wealth' tax
The MPs want Rachel Reeves to bring in a 2% tax on assets over £10m, which they claim could raise £24bn per year.Top stories - BBC News - October 22 -
Saudi Arabia’s wealth fund pivots from international investments
Public Investment Fund will focus more of its financial firepower on domestic projectsBusiness - Financial Times - October 29 -
Reeves to promise ‘wealth and opportunity for all’ in major tax-raising budget
Having announced minimum wage boost, chancellor to say she can spare working people from tax rises. Autumn budget live: latest news updates The UK’s national minimum wage is to rise by a ...World - The Guardian - October 29 -
A World-Famous Neuroscientist Says This 1 Mindset Is the Key to Happiness and Wealth
And a top banking CEO agrees.Business - Inc. - October 31 -
Trump's wealth slumps by $1.9 billion amid DJT stock plunge
Trump Media & Technology Group's stock, which trades under DJT, is plunging just days before the November 5 election.Top stories - CBS News - October 31 -
Weight loss drug industry injects wealth into Novo Nordisk home country
Drugs Ozempic and Wegovy have slimmed down Hollywood stars — and millions of non-celebrities worldwide— while adding great heft to the economy of Novo Nordisk's home country, Denmark.Top stories - CBS News - 4 days ago -
5 Steps to Experience More Wealth Than You Might Ever Imagine
Find true riches in simply being present.Business - Inc. - Yesterday