Living in Philadelphia’s Society Hill during the 1976 Bicentennial was a banking historian’s dream come true. Most Americans experienced it through the lens of patriotism and politics. I experienced it through the lens of banking history. Philadelphia didn’t just host the Founding Fathers. It financed them. Philadelphia gave us the bank that funded Washington’s army, […]
Citi strengthened its position as one of the world’s leading Islamic finance institutions in 2025, combining scale, product expertise and international distribution capabilities to maintain its role at the centre of the global sukuk market. Building on more than four decades of experience in Islamic finance, the bank continued to invest in its franchise while […]
The swift pullback in oil prices is a tailwind for the economy, says Evercore ISI
In the recent hit horror movie Obsession, the main character’s search for a birthday present takes him to an occult-focused shop, where he buys a novelty wish-granting talisman that turns out to be very real. The scene was filmed at The Green Man, a real metaphysical shop in Burbank, California, that has reportedly seen a […]
Wealth growth ran strongest in Europe, the Middle East and Africa at 17.5 percent, helped by a weaker dollar, CTV News reported, followed by the Americas at 8.5 percent and Asia-Pacific at 5.9 percent. North America led all regions at roughly US$660,000 per adult, BNN Bloomberg reported, ahead of Australia and New Zealand at US$590,000 and Western […]
Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday morning. […]
The Securities and Exchange Commission today issued a request for public comment on exchange-traded funds (ETFs) seeking to invest in innovative asset classes or engage in novel investment strategies. The request focuses on ways to facilitate innovation in the ETF space while protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation. “Innovation […]
Key Takeaways If you don’t use your credit card, your issuer may consider your account inactive and close it. However, a closed credit card account can negatively impact your credit score, by increasing your credit utilization ratio and reducing the length of your credit history. If you keep an unused credit card open, monitor the […]
Unexpected expenses rarely arrive at a convenient time. A car can fail before payday. A medical bill can appear after insurance has already paid its part. A water heater can stop working on a weekend, when replacement costs feel even harder to absorb. These moments test more than a budget. They test how much room […]
Governor Gavin Newsom announced the swearing in of Rohit Chopra as secretary of the California Business and Consumer Services Agency, Amalgamated Bank of Chicago promoted Cherie Duve to executive vice president and chief legal officer, Ramon M. Rodriguez joins USCB Financial Holdings and U.S. Century Bank as an independent director, and more in this week’s […]