Why SpaceX and Tesla are ‘value’ stocks, according to this fund manager

Days after buckled columns at the Pfizer building conversion sparked concerns that the project was in danger of collapse, key parties at the property are facing scrutiny over past violations.  A private firm that conducted special inspections of 235 East 42nd Street was repeatedly cited for issues at other projects, the New York Times reported….

LSL Financial Services has appointed Piotr Nowosad as interim managing director. Nowosad (pictured) will lead the firm’s financial services division, with responsibility for Primis, TMA Mortgage Club, Novium and Linear, while the LSL board looks for a permanent managing director. He was formerly managing director of AEL Capital Partners. Nowosad will spend his first weeks…

Sen. Elizabeth Warren has called for the resignation of Bill Pulte from his dual roles headingthe Federal Housing Finance Agency (FHFA) and the Office of Director of National Intelligence (ODNI), following a scathing report that labeled the high-ranking official “unqualified” and accused him of rampant abuses of power. “Bill Pulte has spent the last year…

MPs have warned that the government’s plan for tackling financial exclusion is “far from the finished product” and that industry voices may have held too much sway at the expense of consumer groups. Members of the Treasury Committee say the Financial Inclusion Strategy is a welcome first step, but it is incomplete and lacks vital information on…

Key insights: Seventeen banks, including BNY, Citi, HSBC, Standard Chartered and Wells Fargo, are preparing to test live, tokenized cross-border payments on the company’s blockchain-based orchestration platform.  What’s at stake: The transition to a pilot stage is an important step for Swift as the rise of digital assets threaten its position as a key coordinator…