How JPMorgan Chase Is Fueling Detroit’s Revival
It takes a village to rebuild a city, and the list of people and businesses collaborating on Detroit’s recovery is long. But the planning underway in Livernois/McNichols, and in a … Continue reading
We Have Some Problems With Visa’s Sample Budget For McDonald’s Employees
Someone meant really well. We think. A few years ago, Visa and McDonald’s partnered to launch a personal finance site for McDonald’s employees to help them better manage their money. … Continue reading
Wall Street vs. Its Employees’ Privacy
An unlikely alliance of regulators and industry groups is seeking to carve out exemptions in state laws that would allow certain financial firms to sidestep bans on looking at the … Continue reading
UBS CEO Andrea Orcel: Lack Of Women Put Our Bank At Risk
The absence of female investment bankers within the upper echelons of UBS AG is one of the weaknesses that led to a culture of arrogance and fraud at the Swiss … Continue reading
Granbury Bank Employee’s Firing Shows Need for ENDA
When Edwards, who’s gay, was later passed over for a promotion, he talked to a human resources representative and an executive vice president. “They said it was not my work because … Continue reading
Spain’s Crisis Reignites an Old Social Conflict
Outmaneuvering the police, hundreds of jobless farmworkers charged through a hole in a fence and turned the manicured gardens of a vacant estate here in Spain’s agricultural heartland into a … Continue reading
Barclays CEO Diamond Quits over Rate Rigging
Barclays chief executive Bob Diamond quit on Tuesday under fire from politicians and regulators as the bank defended its actions in an interest rate-rigging scandal involving a dozen banks and … Continue reading
JPMorgan CEO Testifies He Did Not Mislead Shareholders
Facing more congressional heat about JPMorgan Chase & Co.’s huge trading loss, Chief Executive Jamie Dimon said he did not mislead shareholders about the extent of the problems as a … Continue reading
The Data Is In: Entrepreneurs Make Better VCs
In a paper presented yesterday at the Kauffman Entrepreneurial Finance and Innovation Conference, three business school professors put forward evidence supporting an idea that many have long suspected: former founders … Continue reading
