Finance

Barron’s 100 Most Influential Women in U.S. Finance: Kim Posnett

Ruben Onsu 3 hours ago

Kim Posnett


Courtesy of Goldman Sachs

Text size

Innovation in technology and capital markets has been inexorably accelerated by the Covid-19 pandemic, and companies both large and small have more demanding and variable needs than ever before, says Kim Posnett,

Goldman Sachs Group’s

head of global investment banking services.

“The pace of change has never been so fast, yet it will never be this slow again,” she says.

Posnett, 43, took the top investment banking services job at

Goldman Sachs

in the fall, after 15 years rising through the ranks of the firm’s technology, media, and telecom banking division.

… read more

Comparing Hybrid Financial Advisors: Vanguard vs. Schwab vs. Fidelity

Ruben Onsu 16 hours ago

Are you looking for a financial advisor? Money expert Clark Howard loves to recommend the hybrid advisor options from Vanguard, Schwab and Fidelity — especially Vanguard’s Personal Advisor Services.

But what exactly is a hybrid advisor? And what are the differences between the options at these three large investment firms? Keep reading to find out.

Table of Contents

What Is a Hybrid Financial Advisor and Why Does Clark Like Them?

Competition tends to be good for consumers. And if you’re like me, you appreciate choices. But choosing between two different things is usually easier than choosing between many similar

… read more

U.S. Treasury names green financial advisor to new climate ‘czar’ post

Ruben Onsu 22 hours ago

Senior Director for Energy and Climate Change, National Security Council John E. Morton speaks at the 2016 Concordia Summit – Day 2 at Grand Hyatt New York on September 20, 2016 in New York City.

Ben Hider | Getty Images

The U.S. Treasury on Monday named climate change financial advisor John Morton to head the department’s new “climate hub,’ to foster green finance and use tax policy and financial risk assessments to help reduce carbon emissions.

Morton, a partner with Pollination Group, a specialist climate change advisory and investment firm, had served in the Obama administration White House as senior

… read more

‘Britcoin’ not bitcoin? UK considers new digital currency

Ruben Onsu 1 day ago

British finance minister Rishi Sunak told the Bank of England on Monday to look at the case for a new “Britcoin”, or central bank-backed digital currency, aimed at tackling some of the challenges posed by cryptocurrencies such as bitcoin.

A BoE-backed digital version of sterling would potentially allow businesses and consumers to hold accounts directly with the bank and to sidestep others when making payments, upending the lenders’ role in the financial system.

“We’re launching a new taskforce between the Treasury and the Bank of England to coordinate exploratory work on a potential central bank digital currency (CBDC),” Sunak told

… read more

3 Tricks to Help You Get Out of Debt Fast, From Financial Planners

Ruben Onsu 1 day ago
  • Paying off debt doesn’t have to be hard; there are a few simple tricks that can make it easier.
  • Understanding how you got into debt, writing it down, and taking a bird’s-eye view can help.
  • Doing these things will not only keep you on track but encourage you to pay it down faster.
  • Visit Personal Finance Insider for more stories.

Dealing with debt can be a daunting task, especially when you’ve piled up a good amount over time. Between student loans, car loans, and credit card debt, figuring out where to even start can be difficult. That’s why

… read more

Big dollars hang in the balance as CT finance panel rushes to finish work

Ruben Onsu 2 days ago

MARK PAZNIOKAS :: CTMIRROR.ORG

Rep. Sean Scanlon addressing a chamber largely empty due to the pandemic in February.

Gov. Ned Lamont kicked off this year’s state budget debate by urging lawmakers to avoid broad-based tax hikes as Connecticut’s economy crawls out of the coronavirus pandemic.

At the same time, though, many of Lamont’s fellow Democrats noted that COVID-19 has battered households as well, and — given the state’s long-term fiscal challenges — it might not be possible to provide relief for some without taxing others more.

But as the legislature’s tax-writing panel wraps its work this week, a wide range

… read more