Finance
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Vallas for Mayor slapped with $10,500 penalty, breaking finance laws
Paul Vallas’ campaign for Chicago Mayor incurs a $10,500 ethical fine for breaching campaign finance regulations, says Chicago Board of Ethics. #ChicagoPolitics #EthicsInPolitics #CampaignFinance
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55% of OCBC ownership is in the hands of retail investors, with 23% held by private companies.
Retail and private investors wield strong influence in Oversea-Chinese Banking Corp (@OCBCBank), owning 55% and 23% respectively, highlighting a robust interest in company oversight.
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Progressive ideologues: beware of the perilous government banks at hand.
Explore the controversial proposal by Congresswomen Rashida Tlaib and Alexandria Ocasio-Cortez for not-for-profit, state-controlled public banks aiming to fund progressive causes. Critics fear potential political misuse and bypassing democracy.
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Bank of America slashes HK investment banking team amidst market hurdles.
Amid market challenges, Bank of America (@BankofAmerica) streamlines its Hong Kong investment banking team, maintaining financial stability with solid valuation and a consistent dividend history. #BankingIndustry #MarketTrends #InvestmentBanking
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Bank of America slashes Hong Kong team amid tough market conditions.
Bank of America (@BankofAmerica) streamlines its Hong Kong team amidst market challenges, signaling a strategic pivot in investment banking. Analysts remain optimistic about profitability. #Finance #BankingIndustry #StrategicMoves
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Fintech Objectway: Snatches Nest Wealth, Canadian Digital Wealth Solution
Objectway enhances its fintech prowess with the strategic acquisition of @NestWealth, promising to revolutionize wealth management with advanced onboarding and financial planning technologies. #FintechMerger #DigitalWealthManagement #Innovation
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Fueling growth: retail banking expansion, wealth management services, Europe’s key role.
Explore the future of finance as the online banking market surges with a 12.67% CAGR from 2022-2028, driven by tech integration and Europe’s growing fintech scene. #DigitalBanking #FintechGrowth #Cybersecurity
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Most banks not ready for regulatory change, data reveals banking trends.
New report by @AutoRek reveals 71% of US and UK banks are not confident in their ability to adapt to coming regulatory changes, urging a shift towards automation and cloud-based solutions.
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The Global Heard: 100 speakers united in one powerful index.
Celebrating diversity in fintech, The Heard (@TheHeardWomen) reaches a milestone with its 100th spokesperson, enhancing visibility for women and non-binary experts globally. #FintechDiversity #GenderInclusion #TheHeardIndex
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US fintech DailyPay generates 293 remarkable positions in beautiful Belfast.
Discover how @DailyPay is fueling Belfast’s economy with 293 new jobs, blending customer excellence and tech innovation, and leveraging the city’s skilled workforce and competitive business landscape. #FintechExpansion #BelfastJobs #EconomicGrowth