Media stereotype women in financial coverage, study finds
The Guardian–Mar. 9, 2018
By contrast, articles aimed at men painted their readers as savvy financiers and the financial landscape as packed with opportunity. Rather than “saving pennies”, male-directed articles talked of portfolios, calculated risk, and rely heavily on stereotypes of aspirations to combat, strength and power. They also …
The Japan Times
G20 financial heads to urge crypto-asset monitoring to safeguard …
Asahi Shimbun–9 hours ago
BRUSSELS–The world’s financial leaders will call on international standard-setting bodies on March 20 for stronger monitoring of crypto-assets and to assess the need for a multilateral response as such assets could at some point threaten financialstability. The call appears in a draft communique prepared …
Ride-Hailing Giant Grab Gets Into Old-School Financial Services
Bloomberg–Mar. 13, 2018
Tan is encouraging other financial institutions to join a new joint-venture with Credit Saison Co. called Grab Financial Services Asia. By using its rich data on customer behavior, the platform plans to provide loans to millions of people who are not served by traditional banks. Grab is also teaming up with …
Reuters
In hunt for yield, Japan insurers bet on project finance
euronews–5 hours ago
TOKYO (Reuters) – Project finance investment by Japan’s top insurers jumped nearly fivefold in the year to the end of March as they sought higher returns after years of persistently … euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes.
So Much for That Financial Early-Warning System
Bloomberg–22 hours ago
In addition, those agencies should have financial stability added to their mandates, where that isn’t already the case. Rather than strengthening the OFR, the Trump administration is undermining it. Treasury officials have reportedly said that the OFR’s budget will be cut by one-quarter and staff by more than …
Tesla Treasurer and VP of Finance Leaves the Company
Bloomberg–11 hours ago
Susan Repo, who had worked at Tesla for about five years, left to become the chief financial officer of another company, said the person, who wasn’t authorized to speak publicly and asked not to be named. Her departure follows Tesla’s disclosure last week that Chief Accounting Officer Eric Branderiz had …
How to Transfer Financial Values to the Next Gen
Investopedia (blog)–Mar. 13, 2018
Some wealthy families remain wealthy for many generations because they’re able to sustain intergenerational financial values. Although it isn’t easy, these values can be passed down through what you say and what you do to successive generations, or else they may not survive a generational transition.
Xi Channels Strongman of the Past to Transform China’s Economy
Bloomberg–17 hours ago
Xi’s top economic adviser, Liu He, promised delegates at Davos in January that China would unleash reforms this year that would surprise the world. This week, he wrote in the official People’s Daily newspaper that the government restructuring is “revolutionary” and strengthens the Communist Party’s ability …
Wall Street Journal
Google to Ban Cryptocurrency, Initial Coin Offering Ads
Bloomberg–5 hours ago
The internet-search giant is also restricting ads for financial products including binary options, a risky derivative with an all-or-nothing payoff. … The company suspended 7,000 customer accounts for ads that impersonated a news article — what Google calls “tabloid cloaking” — and blocked more than 12,000 …
US Stocks Decline on Weakness in Tech, Financial Shares
Wall Street Journal–19 hours ago
Meanwhile, financial stocks in the S&P 500, another top-performing sector this year, fell 1.1% alongside a decline in bond yields. Lower yields normally bode poorly for banks’ net interest margins, a key measure of lending profitability. The yield on the U.S. 10-year Treasury note settled Tuesday at 2.848%, …
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