New national alliance supports student financial wellness on college campuses – IU Newsroom

New national alliance supports student financial wellness on college campuses – IU Newsroom

BLOOMINGTON, Ind. — Indiana University has established a new Higher Education Financial Wellness Alliance, with a pilot program in 2019 and full operations beginning in January 2020. IU announced the national alliance today during the 2019 Higher Education Financial Wellness Summit on the Bloomington campus, where hundreds of educators and students from across the nation […]

Facebook Says Libra Cryptocurrency to Be Regulated by Swiss Financial Authorities – The Wall Street Journal

Facebook Says Libra Cryptocurrency to Be Regulated by Swiss Financial Authorities – The Wall Street Journal

WASHINGTON— Facebook Inc. FB -0.57% said its Libra cryptocurrency would be regulated by Switzerland’s financial watchdog, adding the digital money would never compete with national currencies or undermine the role of central banks. The details about Facebook’s Libra plans were included in written testimony that company executive David Marcus plans to deliver Tuesday to the […]

Citigroup Q2 earnings boosted by fixed income, cost-cutting – Yahoo Finance

Citigroup Q2 earnings boosted by fixed income, cost-cutting – Yahoo Finance

Citigroup (C) reported second-quarter earnings on Monday that beat Wall Street’s expectations, with results bolstered by a jump in fixed income trading, cost-cutting and a one-time gain on Tradeweb’s public offering. The bank reported Q2 diluted earnings of $1.95 per share, with earnings boosted by a one-time pre-tax gain. On an unadjusted basis, the bank […]

Many Executives Are Afraid of Finance. Here's How They Can Gain Confidence – Harvard Business School Working Knowledge

Many Executives Are Afraid of Finance. Here's How They Can Gain Confidence – Harvard Business School Working Knowledge

Finance can be intimidating, and many business executives don’t even try to get their arms around it. But Harvard Business School Professor Mihir Desai says business leaders need to engage with the world of finance in order to succeed. Desai wrote the book How Finance Works, released earlier this year, with the goal of making the […]

Cheap money sparks borrowing binge that could end in tears – Financial Post

Cheap money sparks borrowing binge that could end in tears – Financial Post

LONDON — Falling interest rates have fuelled a fresh borrowing bonanza in the first quarter of 2019 with emerging market debt soaring to record highs and the global debt stock bulging by US$3 trillion, an Institute of International Finance (IIF) report showed. Debt owed by governments, companies, financial institutions and households across developing economies soared […]

What is your personal financial plan? – Independent Online

What is your personal financial plan? – Independent Online

Barend van der Westhuizen The benefits of having a personal financial plan include that it enables you to save for major – sometimes unexpected – expenses and for the long-term, to have a better quality of life and settle debt faster, and it provides you with the confidence to achieve your short- and long-term financial […]

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