Freedom Gold extends financing deadline, plans unit offering

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Cross-border credit posts biggest rise since Covid – Risk.net Skip to main content End of drawer navigation content Derivatives claims on overseas NBFIs rise 16% to $2 trillion Cross-border bank credit increased by $1.7 trillion in the first quarter, the most since the outbreak of the Covid-19 pandemic, according to the latest data from the…

VastAdvisor, an AI-powered startup focused on organic growth for wealth management firms, announced it has closed a $1 million funding round led by investments from several well-known industry executives. The round was led by Dani Fava, chief strategy officer at Carson Group, Jason Pereira, senior partner at Woodgate Financial and Sally George, partner at Convergency…

Secondary market demand, particularly from insurers, is showing mortgage originators they have a strong outlet for non-agency loan production. Processing Content Insurance companies purchased $17 billion of non-agency mortgage-backed securities in the second quarter, with the largest amount going to non-qualified issuance, the latest Bank of America Securities weekly report on this area said. B…

It took the possibility of species annihilation, but AI leaders did something remarkable this weekend: They reached a consensus. After ex-Anthropic engineer Jacob Coxon’s warnings about a looming AI armageddon lit a firestorm among techies and politicians alike, the leaders of the most advanced AI labs came to a tentative agreement — largely via posts…

To better understand which tasks were consuming my non-working hours, I tracked everything I did in my off hours for one month. I was shocked to learn how much time I spent managing my family’s finances. Coming to terms with the size of the workload helps me take pride in it—and recognize its value to…