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14 Nov 2023, 1:25 pm by Kevin LaCroix
But while the IPO market has at least improved this year compared to last year, analysts, investment bankers, and others had actually hoped for more this year. [read post]
10 Nov 2023, 6:00 am by Michelle
Legal and Regulatory Developments SPOTLIGHT: US Consumer Watchdog Proposes Rules for Big Tech Payments, Digital WalletsReuters – November 7, 2023 The top U.S. consumer financial watchdog on Tuesday proposed to regulate tech giants’ digital payments and smartphone wallet services, saying they rival traditional payment methods in scale and scope but lack consumer safeguards. [read post]
7 Nov 2023, 2:55 pm by Kevin O'Keefe
We used to pick up the phone to call a client, fellow lawyer, accountant, banker – or even a doctor. [read post]
7 Nov 2023, 7:47 am by Amanda Sanders (UK)
With effect from 31 October 2023 the “bonus cap”, which previously limited the variable remuneration of certain bank staff to 100% of their fixed pay (or 200% with shareholder approval) has been abolished. [read post]
7 Nov 2023, 5:46 am by Beatrice Yahia
Signup to receive the Early Edition in your inbox here. [read post]
5 Nov 2023, 10:11 am by Kevin LaCroix
Jeffrey Epstein’s life, misdeeds, and death make for a sordid and scandalous tale. [read post]
3 Nov 2023, 6:00 am by Michelle
Mastercard Removes Some Ads for Customer Transaction DataAmerican Banker – November 1, 2023 (subscription required) Mastercard is removing some of its advertisements for transaction data from certain online data marketplaces. [read post]
2 Nov 2023, 10:00 pm
In a joint statement on 24 October 2023, the UK Prudential Regulation Authority (PRA) and UK Financial Conduct Authority (FCA) announced the removal of the cap on bonuses that can be paid to material risk takers at banks, building societies, and PRA-designated investment firms. [read post]
2 Nov 2023, 10:00 pm
In a joint statement on 24 October 2023, the UK Prudential Regulation Authority (PRA) and UK Financial Conduct Authority (FCA) announced the removal of the cap on bonuses that can be paid to material risk takers at banks, building societies, and PRA-designated investment firms. [read post]
2 Nov 2023, 10:00 pm
In a joint statement on 24 October 2023, the UK Prudential Regulation Authority (PRA) and UK Financial Conduct Authority (FCA) announced the removal of the cap on bonuses that can be paid to material risk takers at banks, building societies, and PRA-designated investment firms. [read post]
2 Nov 2023, 10:00 pm
In a joint statement on 24 October 2023, the UK Prudential Regulation Authority (PRA) and UK Financial Conduct Authority (FCA) announced the removal of the cap on bonuses that can be paid to material risk takers at banks, building societies, and PRA-designated investment firms. [read post]
2 Nov 2023, 10:00 pm
In a joint statement on 24 October 2023, the UK Prudential Regulation Authority (PRA) and UK Financial Conduct Authority (FCA) announced the removal of the cap on bonuses that can be paid to material risk takers at banks, building societies, and PRA-designated investment firms. [read post]
2 Nov 2023, 10:00 pm
In a joint statement on 24 October 2023, the UK Prudential Regulation Authority (PRA) and UK Financial Conduct Authority (FCA) announced the removal of the cap on bonuses that can be paid to material risk takers at banks, building societies, and PRA-designated investment firms. [read post]
2 Nov 2023, 2:43 pm by Trey Woodall
If brokers or bankers are involved, they will be heavily involved at this stage. [read post]
1 Nov 2023, 6:23 pm by Mark Ashton
Today when your spouse goes to refinance so that you are off the mortgage, the mortgage banker will greet him/her with open arms. [read post]
27 Oct 2023, 6:00 am by Michelle
How Data Sharing Could Change Under CFPB’s Proposed New RulesAmerican Banker – October 23, 2023 (subscription required) U.S. banks have shared their customers’ account data with fintechs, an activity some call “open banking,” for more than a decade. [read post]
24 Oct 2023, 6:49 pm by Jeralyn
To explain why he submitted a false statement to a bank that failed to disclose more than $20 million in liabilities as well as tens of thousands in monthly expenses, Cohen notes that it was his private banker who provided Cohen with an inaccurate application, which Cohen failed to correct. [read post]
22 Oct 2023, 9:59 pm by Cari Rincker
Coworkers, business associates, attorneys, financial advisors, bankers, fellow business owners, and other members of a professional network are a good starting point for finding an accountant. [read post]