Here are our hand-picked issues for you to know about in the world of global finance from the past week:
Hold Back On Those Buybacks
With recent bear markets, it’s been attractive for companies to pursue stock buybacks.
But the Biden Administration is saying, “hold on there” by signing a 1% excise tax on stock buybacks as a part of the Inflation Reduction Act.
Big Banks Falling Behind Startup Banks
A proliferation of digital or virtual only banks and startup financial institutions are giving the more established big banks a run for their money now.
For example, in the UK, new banks such as Monzo and Starling have surpassed established banks in a customer survey of service quality for UK personal and business accounts.
Want to develop your digital banking business? Become a Certified Digital/e-Banking Specialist (CEBS).
The Uphill Battle Women Face in Finance
It’s 2022, yet the work environment hasn’t really progressed very much. The finance industry is no different, in this opinion piece by Benn Eifert, he looks at the uphill battle women still face in the world of finance.
- Turkey’s inflations reaches 80%, but central bank lowers interest rate
- Euro reaches new low vs US dollar
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