Generation Z and young millennials are navigating major shifts in the economy that have made it harder to build wealth the way Americans did in the past.
Marsden Building Society has revised its expat mortgage criteria, removing several documentation requirements and widening its approach to country eligibility. The mutual has simplified its expat buy-to-let (BTL) proposition by scrapping its minimum income requirement and reducing the level of documentation needed from both employed and self-employed applicants. Self-employed borrowers will now only need…
Key takeaway: Banking trade groups are urging the Securities and Exchange Commission not to change Form S-3 eligibility rules, arguing that the proposed restrictions would disproportionately harm banks versus other publicly reporting companies. Expert quote: “The proposed expansion and escalation of the consequences associated with ‘ineligible issuer’ status would introduce a significantly more severe restriction…
Speech by Piero Cipollone, Member of the Executive Board of the ECB, at the Deutsche Bundesbank’s Symposium on “Future of payments: trends and innovations in Germany and Europe”[1] Frankfurt am Main, 26 August 2026 Two years ago, at this very same Symposium, I argued that Europe had a unique opportunity.[2] Tokenisation and distributed ledger technology,…
Investment firm Mavik Capital Management is looking to raise capital for a new distress fund. The New York-based firm seeks to raise $1B to acquire distressed commercial real estate assets, Bloomberg reported. The money will go into a new fund called VS3 and will be invested in a range of assets, including hard assets and commercial mortgage-backed…
The Securities and Exchange Commission (SEC) has scheduled a roundtable for next month that will discuss 24 hour trading for US equity markets. The roundtable will address challenges and opportunities for an updated approach in markets that are largely automated. While the SEC will discuss, it is already happening as a growing number of new…
Lionel Messi may have failed to win a second World Cup, but his legend seems destined to endure. He’ll go down as a global star in the tradition of Pelé, Maradona and Ronaldo, but also as an Argentinian national icon. He’s also done very well financially from the sport. Argentina’s football fan culture is especially…
