Banking News – Regulators and accountants set for ‘going concern’ hit to markets
 Rising fears of a wave of audit warnings across broad range of sectors
Fiscal Times – Fiscal Air force – https://www.ft.com/content/7f099e34-f8f2-4979-939a-624f9e0162e5
Month: May 2020
Women-led hedge funds beat male rivals in coronavirus crisis
Banking News – Women-led hedge funds beat male rivals in coronavirus crisis
 Small cluster of women-run funds avoided some of the broader losses
Fiscal Times – Fiscal Air force – https://www.ft.com/content/5aa6f6e9-ce55-477b-920b-0a099fc0642b
Digital Banker of the Year: Quontic’s Patrick Sells
Banking News – Digital Banker of the Year: Quontic’s Patrick Sells
 How a twentysomething marketing manufacturer helped transform a small union enhancement fiscal society into a digital leader.
Union Banking – https://www.americanbanker.com/digital-banker-of-the-year
UK banks warn 40%-50% of ‘bounce back’ borrowers will default
Banking News – UK banks warn 40%-50% of ‘bounce back’ borrowers will default
 Lenders dread a ‘PR catastrophe’ if they have to pursue small businesses for terrible debts
FT.com – Banks – https://www.ft.com/content/8a551c37-2de8-446b-a8b8-d4a61d33ef73
Citi warns markets are out of step with grim reality
Banking News – Citi warns markets are out of step with grim reality
 Tougher times ahead as a result of endemic, says co-head of investment banking
FT.com – Banks – https://www.ft.com/content/d84dc366-cd2f-422a-b804-3efa24262275
Has the investment industry learnt from the Woodford scandal?
Banking News – Has the investment diligence learnt from the Woodford scandal?
 Questions hang over fund rules, conflicts of appeal and role of peace corps
Fiscal Times – Fiscal Air force – https://www.ft.com/content/e5edd151-4c14-405d-b23b-c70d45e2f194
German MPs stymied by constitutional court ruling
Banking News – German MPs stymied by constitutional court ruling
 Bundestag forced to take backseat as German institutions grapple with declaration over ECB’s bond-buying programme
FT.com – Banks – https://www.ft.com/content/03e72f7b-70fb-4229-85ee-ecbd0944b401
Big-bank execs condemn racism after George Floyd death
Banking News – Huge-bank execs condemn racism after George Floyd death
 The chiefs of some of the largest U.S. banks called on their workers to fight racism after an unarmed black man died as a result of a white police officer kneeling on his neck, prompting nationally protests.
Union Banking – https://www.americanbanker.com/articles/huge-bank-execs-condemn-racism-after-george-floyd-death
When Is Amazon Prime Day 2020?
Private Finance – When Is Amazon Prime Day 2020?
Circumstances beyond its control have forced Amazon to go its annual Christmas-in-July Amazon Prime Day blowout sale in 2020 to … not July.
Kiplinger Private Finance – https://www.kiplinger.com/article/costs/T062-C000-S004-when-is-amazon-prime-day.html
Rakuten refiles with FDIC for ILC charter
Banking News – Rakuten refiles with FDIC for ILC charter
 The Japanese e-buying giant is taking another run at a U.S. banking charter after getting pointer from the Federal Deposit Indemnity Corp. about its initial concentration, which was withdrawn earlier this year.
Union Banking – https://www.americanbanker.com/news/rakuten-refiles-with-fdic-for-ilc-charter
Rakuten refiles with FDIC for ILC charter
Banking News – Rakuten refiles with FDIC for ILC charter
 The Japanese e-buying giant is taking another run at a U.S. banking charter after getting pointer from the Federal Deposit Indemnity Corp. about its initial concentration, which was withdrawn earlier this year.
Union Banking – https://www.americanbanker.com/news/rakuten-refiles-with-fdic-for-ilc-charter
Rakuten refiles with FDIC for ILC charter
Banking News – Rakuten refiles with FDIC for ILC charter
 The Japanese e-buying giant is taking another run at a U.S. banking charter after getting pointer from the Federal Deposit Indemnity Corp. about its initial concentration, which was withdrawn earlier this year.
Union Banking – https://www.americanbanker.com/news/rakuten-refiles-with-fdic-for-ilc-charter
Rakuten refiles with FDIC for ILC charter
Banking News – Rakuten refiles with FDIC for ILC charter
 The Japanese e-buying giant is taking another run at a U.S. banking charter after getting pointer from the Federal Deposit Indemnity Corp. about its initial concentration, which was withdrawn earlier this year.
Union Banking – https://www.americanbanker.com/news/rakuten-refiles-with-fdic-for-ilc-charter
Rakuten refiles with FDIC for ILC charter
Banking News – Rakuten refiles with FDIC for ILC charter
 The Japanese e-buying giant is taking another run at a U.S. banking charter after getting pointer from the Federal Deposit Indemnity Corp. about its initial concentration, which was withdrawn earlier this year.
Union Banking – https://www.americanbanker.com/news/rakuten-refiles-with-fdic-for-ilc-charter
Credit card lenders clamp down to mitigate coronavirus risk
Banking News – Credit card lenders clamp down to allay coronavirus risk
 Since March, issuers have tightened their criteria for opening new fiscal proclamation and closed millions of void ones in hopes of avoiding waves of defaults.
Union Banking – https://www.americanbanker.com/news/credit-card-lenders-clamp-down-to-allay-coronavirus-risk
Credit card lenders clamp down to mitigate coronavirus risk
Banking News – Credit card lenders clamp down to allay coronavirus risk
 Since March, issuers have tightened their criteria for opening new fiscal proclamation and closed millions of void ones in hopes of avoiding waves of defaults.
Union Banking – https://www.americanbanker.com/news/credit-card-lenders-clamp-down-to-allay-coronavirus-risk
Credit card lenders clamp down to mitigate coronavirus risk
Banking News – Credit card lenders clamp down to allay coronavirus risk
 Since March, issuers have tightened their criteria for opening new fiscal proclamation and closed millions of void ones in hopes of avoiding waves of defaults.
Union Banking – https://www.americanbanker.com/news/credit-card-lenders-clamp-down-to-allay-coronavirus-risk
Credit card lenders clamp down to mitigate coronavirus risk
Banking News – Credit card lenders clamp down to allay coronavirus risk
 Since March, issuers have tightened their criteria for opening new fiscal proclamation and closed millions of void ones in hopes of avoiding waves of defaults.
Union Banking – https://www.americanbanker.com/news/credit-card-lenders-clamp-down-to-allay-coronavirus-risk
Credit card lenders clamp down to mitigate coronavirus risk
Banking News – Credit card lenders clamp down to allay coronavirus risk
 Since March, issuers have tightened their criteria for opening new fiscal proclamation and closed millions of void ones in hopes of avoiding waves of defaults.
Union Banking – https://www.americanbanker.com/news/credit-card-lenders-clamp-down-to-allay-coronavirus-risk
Successful Retirement Plans Are Built on These 5 Pillars
Private Finance – Flourishing Retirement Plans Are Built on These 5 Pillars
Is your retirement plot solid? Check to see if you have all your bases covered, or whether your retirement “organize” is missing a key element.
Kiplinger Private Finance – https://www.kiplinger.com/article/retirement/T023-C032-S014-flourishing-retirement-plans-are-built-on-5-pillars.html