Methode Electronics falls 23.44% on Thursday on its US listing

Your client has a family vacation home they want to pass down to their children. What could go wrong? Plenty, according to a recent article in The New York Times. The article points out that while inheriting a property can be the only chance for young adults to own an expensive vacation home, it can…

Opinions expressed by Entrepreneur contributors are their own. Key Takeaways In a growing company, it’s tempting to stay involved in everything. But the volume makes that impossible. The more important question becomes whether you’ve built a team that can make good decisions without you. Delegating a decision is much harder than delegating a task. People…

Kookmin’s SFTs surge 40% on higher repo – Risk.net Skip to main content Close navigation menu End of drawer navigation content Record securities financing transactions contributes to 15bp leverage ratio drop Kookmin Bank reported record securities finance transactions (SFTs) for the purposes of the leverage ratio in the second quarter, driven by higher repo and…

The Reserve Bank of India (RBI) on Tuesday clarified that the mark-to-market (MTM) value of an over-the-counter (OTC) derivative contract will have to be exchanged upfront between the transferor and transferee when the contract is novated, while any subsequent novation after a contract has been accepted for settlement by a central counterparty (CCP) will be…

Oportun has expanded its savings app, Set & Save, to include a new artificial intelligence-powered feature that identifies routine bills and automatically helps members save toward upcoming payments. The new Smart Bills feature uses AI to understand a member’s financial habits and then set aside money for car payments, rent, utilities, insurance, subscriptions and other…

Despite more women becoming financial advisors, they’re still much less likely than their male counterparts to reach the upper echelons of the industry’s compensation. Processing Content Out of more than 300 advisors participating in the Financial Planning Compensation Survey, nearly half of the men, 49%, reported earning $300,000 or more in total pay last year…