Jodi Wellman, a positive psychology expert, was an executive leader for 17 years but realized that achieving the pinnacle of success wasn’t bringing her any joy. https://www.cnbc.com/2024/05/30/how-to-decenter-work-and-live-a-purposeful-life-psychology-expert.html
Large US banks may be more exposed to commercial property than regulators appreciate because of credit lines and term loans they provide to real estate investment trusts, according to a new study. from Bloomberg Markets https://ift.tt/KmIsZAh
China’s central bank said President Xi Jinping’s idea of a “powerful currency” is one that is stable and easy to use, as it pledged to play a key role in developing a competitive financial system and supporting the top leader’s strategy. from Bloomberg Markets https://ift.tt/axvWzXQ
[PRESS RELEASE – Austin, Texas, May 29th, 2024] Agora brings to Sui an exceptional blend of technology, financial markets, and operations experience paired with blue-chip traditional finance partners and backers. Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, announced the launch of stablecoin AUSD on the network, set to occur in…
Debt that can become equity has become all the rage in Asia, where issuers are increasingly turning to the instrument to get cheap money in an environment of high interest rates. from Bloomberg Markets https://ift.tt/I9jreNY
Unable to press his target to the negotiating table, BHP Group boss Mike Henry on Wednesday walked away from a bold bid to buy smaller rival Anglo American Plc, cheering investors eager to see proof the miner will not pursue deals at any cost. from Bloomberg Markets https://ift.tt/DPOkLUe
The Nigerian Senate Committee on Capital Markets has called for the regulation of cryptocurrency and warned that the country’s unclear position could be costing the country. The committee also urged the government of Bola Tinubu to develop the capital and crypto markets to defend the local currency. Nigeria’s Ambiguous Stance on Crypto The Nigerian Senate…
Former Credit Suisse Chief Executive Ulrich Koerner, the bank’s last boss before its takeover by UBS , is leaving the group at the end of June, as part of a broader reshuffle of the group executive board. https://www.wsj.com/articles/credit-suisses-last-ceo-ulrich-koerner-to-leave-ubs-5d2f79ae
Israel probably won’t be able to defeat Hamas before the end of the year, its national security adviser said, underscoring the difficulty the country faces in achieving its stated aim of crushing the Islamist group in Gaza. Niamh McBurney, Control Risks Associate Director discusses with Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg) from Bloomberg…
South Africa’s central bank is set to leave interest rates unchanged, staying the course in the inflation fight amid political uncertainty one day after the country’s tightest election in 30 years. from Bloomberg Markets https://ift.tt/Ajv1qQp