Finserv Reading - Week ending September 1, 2024

Bijon Mehta Bijon Mehta

Bijon Mehta

Chief Operating Officer I Enterprise Software I Adjunct Professor @ Fordham University

Published Sep 2, 2024
+ Follow


Banking

Goldman Sachs to lay off over 1,300 workers

Goldman Sachs wins challenge to Federal Reserve over stress tests

Citigroup aims to double commercial banking revenue by targeting small businesses

Banks are taking heat for paying low rates on idle cash

41% of banks offer embedded finance solutions, have fintechs to thank

Banks and accounting firms should brace for cost AI job losses, unions warn

Commercial deposits are finally on the rebound: How to ride the rising tide

Citi profits beats on surge in investment banking, services strength

Barclays starts to cut hundreds of jobs in cost-saving bid and investment bank shake-up

Open banking can be an equalizer for small banks and credit unions

How to run a BaaS relationship: A guide for fintechs and banks

The banking-as-a-service bubble is about the burst - and fintechs will feel the effects

Open banking and API ecosystems: Opportunities for innovation

Santander's Botin bets on tech revamp

ITMs are not part of your multi-channel strategy. They are your multi-channel strategy.

HSBC pledges no more branch closures until at least 2026


Wall Street

Tradeweb CEO: Opportunity for more electronification and automation

The IPO market gets cold feet

Wall Street investment banking bonuses may rise up to 35%, compensation specialist says

IPO hopefuls eye 2025 as present outlook remains bleak


Economy

Dollar General warns poorer US consumer are running out of money

Economist Eugene Fama: 'Efficient markets is a hypothesis. It's not reality.'

A time bomb is threatening economies across Asia

The world should take notice - the rest are rising again

Can the US Federal Reserve really control inflation?

The American dream seems out of reach for most


Geopolitics

Pentagon warns Red Sea tanker risks 'environmental catastrophe'

Start-up incubator Y Combinator backs its first weapons firm

Is geopolitics transforming global value chains?

Sahel confederation: A new geopolitical alliance amid regional tensions

Geopolitics and democracy: Western liberal order from foundation to fracture

Geopolitics of natural resources and the Ukraine conflict

Traditional economics fail the geopolitical test

The geopolitical ripple effect of Asia's ageing population

Geopolitical tensions are reorienting trade patterns 


Asset Management

A third of hedge funds have not fully recovered from 2022's losses

These hedge funds have the most at stake when Nvidia reports earnings

Multistrats are no longer the hottest thing in hedge funds

The risks and returns of the 'ultimate' market portfolio

Why hedge funds are turning to PhDs again

Bill Ackman seeks to revive IPO with sweeteners for investors


Wealth Management  

Don't wait for the next big data breach to freeze your credit

Advisors risk getting X-ed out by Gen X

Dimensional Fund alums launch platform to empower RIAs

How fast growing RIAs implementing ancillary services

Across the globe, the appetite for US investments is growing


Insurance

Deliver value and peace of mind through digital  transformation

Insurance technology: How insurtech is assured

Southeast Asia's insurtech sees resurgence with over $2.4 billion in deals

Swiss Re CEO on why reinsurance is not just a shock absorber



Real Estate   

Is the housing bubble about to burst in the US?

US cracks down on real estate money laundering

Landlords face a $1.5 trillion commercial real estate maturity wall

Creative destruction rips through US commercial property

A $557 billion drop in office values eclipses a revival of cities



Payments 

Visa partners with Revolut

PayPal expands strategic partnership with Fiserv

Nearly one in five consumers struck by online identity fraud

Today's core banking conundrum: Is your system ready for instant payments?

How digital wallets like ApplePay and GooglePay work

Just how much cash does Stripe have?


Venture Capital / Private Equity

The hottest sectors in climate tech? Follow the VC money

Venture group G-Squared raises $1 billion to invest in discounted start-up shares

Retail investors approach private equity with care

Is China's private equity 'gold rush' over?

After Two Sigma shakeup, will its VC brand suffer?


AI / ML

Can AI match human ingenuity in creative problem-solving?

Klarna to use AI to halve workforce

OpenAI weighs changes to corporate structure amid latest funding talks

California's divisive AI safety bill sets up tough decision for Governor Gavin Newsom

Apple, Nvidia are in talks to invest in OpenAI

OpenAI in talks for funding round valuing it above $100 billion

Feuding founders of Two Sigma hedge fund stepping down

Using fear to sell AI is a bad idea

How big tech's AI startup alliances could harm competition

AI and the financial decision-making process

The future of retail banking: How AI will reshape the industry

AI-assisted lending could boost small banks. But regulatory fear stifles innovation.

Beyond plastic: How AI and fraud threats are reshaping credit cards

The evolving role of Chief Data Officers and GenAI in financial services 

How do you change a chatbot's mind?

Will AI ruin the planet or save the planet?


ESG / Climate Change

Recommended by LinkedIn

April Edition
Deutsche Bank 8 months ago
The Digital Future of Banking and Credit Unions:…
Stanton Chase: Executive Search & Leadership Consultants 7 months ago
The future of finance is all about shaping a better…
Peter Hinssen 2 years ago

Revising the cost of climate change

Climate change comes to the Tetons

Surging seas are coming for us all, warns UN chief

Climate change causes floods and droughts. Politics makes that worse. 

85 million Americans were under heat alerts this week. Is climate change the cause?

Climate change and food security in the Sahel

Global timber supply threatened as climate change pushes cropland northwards

Stashing more CO2 in the ocean could slow climate change

The corals that survive climate change will be unrecognizable

Climate change impacts, risks and adaptation

Coastal cities must adapt faster to climate change, say researchers

Love it or loathe it, regulation has put rocket boosters on ESG

Why virtual power plants are the future of solar energy

China's energy transition benefits world

The mineral rush: the hidden cost of the energy transition

Upgrading the grid: How smart engineering can boost the energy transition


Bigtech 

Misinformation about misinformation

Silicon Valley's elite rattled by prospect of tax on unrealized gains

US Appeals Court takes aim at big tech liability shield

Big tech - the race to decarbonize data centers

Big tech must get ready for big fines


Fintech  

Credit scores without debt? Fintech cards battle credit industry

What is the future of fintech

ikea enlists fintech platform Adyen to get deeper customer insights

Predictive analytics: The intersection of fintech and martech

How fintech is changing the landscape of financial planning


Blockchain / Crypto 

Treasury will define US crypto policy - eventually

Russia is about to try using crypto to get around sanctions 

Crypto industry asks for guidance as tax cliff talks rev up

Bitcoin's evolution into DeFi is inevitable - and it's about time

Top DeFi trends in 2024

Crypto is now non-negotiable for traditional banks

Exploring the rise and impact of restaking

Over 40% of Telegram's 2023 revenue stems from crypto ventures - report


Regulation / Compliance  

SEC's AI-driven market risk worries: Justified caution or misplaced concern?

AI regulation is coming. Fortune 500 companies are bracing for impact.

Treasury Department finalizes anti-money laundering rule for RIAs

OpenSea receives Wells Notice from the SEC

US lenders lose court battle over CFPB rule to collect small business data

FTC's new rule on fake and AI generated reviews and social media bots

Gary Gensler to address DeFi and SEC oversight in September's congressional hearings


Corporate Venture / Innovation                                       

How to craft a memorable message, according to science

Keep strategy simple

American Express: A culture of growth and innovation

Driving a new era of innovation through collaboration

Apple mission and vision statement


Personal Development / Leadership 

To survive sustained change, start rehearsing

The 100% rule that makes like a lot easier

What most people have wrong about achieving goals

Why cynics are less likely to succeed

Feeling stuck? Here are 5 ways to jumpstart your life

These are 23 great rules to be a productive creative

Believing in yourself is overrated. This is better. 

Life is about what we can do for each other


Podcasts / Videos  

Rich Roll: with Ryan Holiday

How to scale success with Graham Weaver

What the world's #1 restaurant owner can teach you about hospitality with Will Guidara

Simon Sinek: If you don't understand people, you're not ready for success

Steve Jobs: Future of Computer and AI

How to hustle like VC Bill Gurley

Regulating big tech: Is global coordination possible?



Speeches / Communications

Christopher Waller, Mem. of the Board FedRes: "Interlinking Fast Payment Systems"

Lux Capital - Letter 2Q 2024 


Research Reports  

McK: The energy transition: where are we, really?

CBO: Climate Change, Disaster Risk, and Homeowner's Insurance

BCG: State of the Fintech Union - 2024

The 2024 Wealthstack Study

WEF: Fostering Effective Energy Transition 2024

Banking without Branches

ESMA: DeFi - A categorization of smart contracts

BIS: External stratistics in a fragmented and uncertain world

BIS: Market turbulence and carry trade unwind of August 2024

BCG: Building bridges for the next decade of finance

Deloitte: The evolution of the payments value model

SSGA: The role of active, index, and systematic investing in fixed income portfolios

RAND: The root causes of failure for AI projects

SVB: State of the Markets - 1H 2024

Empowering global banking through AI-driven risk management

RAND: A Foresight Study

McK: Understanding the price tag on decarbonization

McK: Approaching GenAI with a beginners mindset

2024 Q3 - Hedge Funds Outlook

MS: All About Alpha

The Newbie's Guide to DeFi

Alloy: The State of Embedded Finance 2024

CG: Data-Driven CX

KPMG: Understanding AI - Business uses and strategies

KPMG: Future of Risk

KPMG: Modernizing compliance risk assessments

Barclays/IBM: AI Revolution

To view or add a comment, sign in

More articles by this author

See all

Insights from the community

Others also viewed

Explore topics