MARKETS
Canada Makes Largest Rate Cuts
As the Bank of Canada (BOC) continues to rein in inflation, the BOC made its largest interest rate cut last week, lowering rates by 50 basis points to 3.75%.
COMPLIANCE
Goldman Sachs & Apple Get Fined
Tech giant Apple and Goldman Sachs were fined $89 million by the Consumer Financial Protection Bureau due to the failed Apple Card partnership.
The Bureau found the two firms had mishandled the Apple Card offering by failing to resolve many customer card disputes and having incorrect credit reports.
BANKING
HSBC Names First Female CFO
Amid new restructuring by its new CEO, Georges Elhedery, the British banking giant named its first female CFO, Pam Kaur.
She becomes the first woman to be in the CFO role in the bank’s 160 year history.


The quickest way to level up, become smarter & add value to your career in finance.
Signup for the FREE weekly newsletter: The Finance & Money Edge.
Get smarter about:
A weekly non-stuffy 2-minute read.
We value your privacy. We will never rent, sell or exchange your details. Our privacy policy.