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Key to not falling victim to scams is education, experts say

A seminar on how to protect seniors from scams, fraud and financial abuse was held by the Laguna Woods Village Social Services Department on Thursday, Sept. 14, providing knowledge to residents who attended the event at the Performing Arts Center. Kelli Jean Morris, the Council on Aging-Southern California’s director of the Financial Abuse Specialist Team, […]

The average British banker got almost £15,000 in bonuses last year

LONDON — Workers in the financial services and insurance sectors in the UK took home bonuses of close to £15,000 each on average during the last financial year, according to new data released by the Office for National Statistics onShow More Summary

$700 Billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas

Even as the damage from Hurricanes Harvey and Irma is still being tallied, a preliminary assessment released last week by Black Knight Financial Services estimated that as many as 300,000 borrowers in the vicinity of Houston could become...Show More Summary

SoFi CEO resigns abruptly, facing allegations of fostering toxic culture

Mike Cagney, the co-founder and chief executive of financial services start-up SoFi, stepped down from the company Friday amid allegations that he fostered a culture at the company that enabled sexual harassment. The company’s executive chairman, Tom Hutton, will become interim CEO. “The business...

#Resisting With Your Portfolio

  Josh Brown is the Chief Executive Officer at RWM. He has spent his career helping people invest and manage portfolios. Josh writes at The Reformed Broker blog, where he covers the financial services industry like no one else. ~~~     “We have become great because of the lavish use of our resources. Show More Summary

"If You Are A Drug Dealer, A Murderer, Or..." Open An Account At JPMorgan

Authored by Simon Black via SovereignMan.com, On Tuesday afternoon, Jamie Dimon, the CEO of banking giant JP Morgan, let loose on Bitcoin. He was speaking at the Barclays Financial Services conference, and when asked whether his bank...Show More Summary

California leaders pledge $30M for young immigrants

6 days agoNews : The Lookout

SACRAMENTO, Calif. (AP) — California Gov. Jerry Brown and top lawmakers announced Tuesday that they plan to spend $30 million helping young immigrants with legal services and college financial aid.

Newport Beach endorses sewer rate increase

NEWPORT BEACH  – Residents who receive sewer services from the city could see a small rate increase as part of an effort by the city to make its wastewater system financially stable and cover improvement projects. On Tuesday, Sept. 21, the city council voted 6-1, with Mayor Kevin Muldoon opposing, to approve the first reading […]

Equifax profits by selling your personal data

The House Financial Services Committee will hold hearings into the massive data security breach at Equifax, but some lawmakers are not waiting to demand answers. The credit-reporting company disclosed last week that “criminals exploited a U.S. Show More Summary

Millennials are driving a shift in how the ultra-wealthy manage their money

Family offices, which manage the money of the super rich, are focusing more on philanthropy and impact investing, according to a report out by UBS, the Switzerland-based financial services firm. Over 40% of family offices are set toShow More Summary

California leaders pledge $30M for young immigrants

California Gov. Jerry Brown and top lawmakers plan to spend $30 million helping young immigrants with legal services and college financial aid. The Tuesday announcement comes in response to President … Click to Continue »

Goldman Unveils Its Employees Much Younger, Far Less Paid As FICC Revenues Plunge

As part of its presentation to the Barclays Financial Services conference this morning, Goldman revealed that it saw revenue growth opportunities of more than $5b over 3 years. As the slide below shows, this includes: $1BN+ in FICC,Show More Summary

China's biggest banks are banning North Koreans from opening new accounts

SHANGHAI (Reuters) - China's Big Four state-owned banks have stopped providing financial services to new North Korean clients, according to branch staff, amid US concerns that Beijing has not been tough enough over Pyongyang's repeated nuclear tests. [ more › ]

Goldman Sachs is hiring dealmakers in 4 unlikely destinations (GS)

Goldman Sachs is looking to cash in on what it sees as $500 million opportunity in four unlikely North American destinations. The financial services giant is set to amp up the presence of its marquee investment banking business in Atlanta,...Show More Summary

Goldman Sachs sees a $1 billion opportunity in a business aimed at Main Street (GS)

Goldman Sachs, the financial services juggernaut, sees a big profit opportunity on Main Street. Marcus, launched in October 2016, is the firm's first consumer lending platform. It's an online tool that offers fixed rate, no-fee personal...Show More Summary

NC Turnpike Issues RFQ for Financial Advisory Services

This is a Subscribers-Only area. If you are a subscriber, please login. If not... Become a Subscriber Today » Please login below for access: Username or E-mail Password Remember Me     Reset Password The post NC Turnpike Issues RFQ for Financial Advisory Services appeared first on Toll Roads News.

Black Knight Mortgage Monitor: "Purchase Lending Hits Highest Level Since 2007"

Black Knight Financial Services (BKFS) released their Mortgage Monitor report for July today. According to BKFS, 3.90% of mortgages were delinquent in July, down from 4.51% in July 2016. BKFS also reported that 0.78% of mortgages were...Show More Summary

After the Equifax breach, here’s how to freeze your credit to protect your identity

Consumers affected by the Equifax data breach are scrambling for ways to protect their financial lives. Some are considering Equifax's own credit monitoring service. Others suggest freezing your credit as a better option to such services. But what does freezing your credit entail, and how easy is it to do (and undo)? In basic terms, freezing your credit means placing […]

There’s “No Excuse” For Equifax’s Catastrophic Breach, Say Experts

The scale of the hack suggests that the credit bureau and data firm may not have been following the financial services industry’s security guidelines. Equifax just suffered what may be one of the biggest and most potentially damaging data breaches in history, and security experts are saying that the breach was probably preventable. Read Full Story

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