September, 2023

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Ray Dalio warns of 'great disruptions,' shares top tips for new investors

CNBC: Investing

Bridgewater's Ray Dalio said it is important for new investors to have a diversified portfolio as economic and geopolitical headwinds continue to rage on.

Investors 145
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Cisco to acquire Splunk in $28B mega deal

TechCrunch: M&A

Cisco has a reputation of building the company through acquisitions, but it has tended to stay away from the really huge ones. That changed this morning when the company announced it was acquiring Splunk for $28 billion.

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Illinois Expands Health Care Transaction Oversight

JD Supra: Mergers

On August 11, Illinois Governor J.B. Pritzker signed House Bill 2222 (Public Act 103-0526) into law — bolstering Illinois’ antitrust prevention efforts by expanding the oversight purview of its Attorney General’s (AG) office with respect to health care transactions. Under the new law, the Illinois AG now has the power to review and assess certain “covered transactions” entered into between health care facilities and providers.

IT 301
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SEC issues ruling for a new National Market System

The TRADE

The SEC has ordered the filing of a new national market system plan (NMS plan), specifically directing FINRA and 18 SROs associated with Cboe, Nasdaq, and NYSE to act jointly in developing the NMS plan. The results are set to be published for public comment, and according to the SEC, the revised plan must: include a date by which it will become fully effective, alongside a prescribed timeline and periodic progress reports; require that all those involved be subject to the plan’s conflicts-of-i

Equities 145
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Top 3 Secrets to Staying Relevant with Gen Z

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant or getting "ghosted" if they fail to meet the evolving needs of Gen Z consumers. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

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Greece, Battered a Decade Ago, Is Booming

The New York Times: Banking

It is one of Europe’s fastest-growing economies, and while investors and tourists are flocking to the country, memories of austerity measures are still fresh for Greeks.

Investors 145

More Trending

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A recession is coming and investors should be defensive, TCW CEO says

CNBC: Investing

"We are going to have a recession, because that's the way the world works," TCW CEO Katie Koch said at CNBC's "Delivering Alpha" conference.

Investors 144
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Roblox acquires voice moderation startup Speechly

TechCrunch: M&A

Two years after announcing voice chat was coming to Roblox, the gaming company has acquired a voice tech startup, Speechly, offering voice chat moderation, real-time transcription and Voice API that lets companies add AI voice technology and voice interfaces to their products and experiences.

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Santander creates two new global businesses for retail, consumer areas

Global Banking & Finance

Santander creates two new global businesses for retail, consumer areas By Jesús Aguado MADRID (Reuters) -Spain’s Santander is consolidating its retail, commercial and consumer activities across all markets under two new global businesses to help it improve performance and add customers, it said on Monday.

Retail 131
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Distributed ZTNA enables simple and scalable secure remote access to OT assets

Cisco: M&A

Zero trust network access (ZTNA) is the ideal alternative to cellular gateways and VPN solutions for remote access. But in OT environments, ZTNA needs to be distributed.

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Provide Real Value in Your Applications with Data and Analytics

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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Real Estate Crisis Triggers New Alarms Over China’s Shadow Banks

The New York Times: Banking

A financially troubled firm has stopped paying investors, risking panic and testing the Chinese government’s resolve to take on debts from its property crisis.

Debt 145
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LVMH’s Bernard Arnault Is the King of Luxury, but Who Is Next to the Throne?

The New York Times: Mergers, Acquisitions and Dive

With brands like Tiffany, Dom Pérignon and Louis Vuitton, LVMH turned him into one of the world’s richest men. But with five children, he has a hard decision to make.

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Citadel's Ken Griffin says he's anxious about the market, seeing rally in the 7th or 8th inning

CNBC: Investing

"I'm a bit anxious that this rally can continue," Citadel CEO Ken Griffin said. "We're sort of in the seventh or eighth inning of this rally.

M&A 144
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Listening to Learners 2023: Increasing Belonging in and out of the Classroom

Tyton Partners

Listening to Learners 2023: Increasing Belonging in and out of the Classroom This publication on how to ensure students’ success and foster a sense of belonging throughout the college journey will be released on September 13, 2023. Tyton Partners’ 2023 Listening to Learners research publication focuses on how institutions can ensure students’ success and foster a sense of belonging throughout the college journey, no matter an institution’s financial standing.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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Sabato De Sarno to hit Milan catwalk on Friday with high stakes Gucci debut

Global Banking & Finance

Sabato De Sarno to hit Milan catwalk on Friday with high stakes Gucci debut By Mimosa Spencer and Elisa Anzolin MILAN/PARIS (Reuters) – Gucci creative director Sabato De Sarno takes to the runway in Milan on Friday, in a high-stakes designer debut for the Italian label’s owner, French luxury group Kering.

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The importance of cybersecurity in the rail industry

Cisco: M&A

The railway industry is increasingly embracing new systems and technologies to enhance operational efficiency, safety, and connectivity.

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How a Moldovan Fraudster Leveraged Tensions Over Ukraine War

The New York Times: Banking

The war in Ukraine is intensifying longstanding frictions in a region of Moldova called Gagauzia. A Moldovan convicted of plundering his country’s banking system sees an opportunity.

Bank 136
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Letterboxd, Online Haven for Film Nerds, Gets a New Owner

The New York Times: Mergers, Acquisitions and Dive

Two designers from New Zealand built a wildly popular social network for movie buffs. Now, they’re cashing in (and sticking around for the sequel).

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Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

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Behind Warren Buffett's $100 billion-plus bet on Apple and the iPhone

CNBC: Investing

The "Oracle of Omaha" called the iPhone "an extraordinary product" and Apple a better business than any of Berkshire's wholly-owned subsidiaries.

Business 136
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Brad Gerstner says AI is going to be bigger than the internet, bigger than mobile

CNBC: Investing

Altimeter Capital Chair and CEO Brad Gerstner is massively bullish on artificial intelligence, saying the power of the advanced technology could even …

Capital 144
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Societe Generale vision falls flat as Europe’s banks falter

Global Banking & Finance

Societe Generale vision falls flat as Europe’s banks falter By John O’Donnell and Mathieu Rosemain LONDON/DUBLIN (Reuters) -Societe Generale’s much-hyped new strategy plans were given a thumbs down by investors on Monday, underscoring uncertainty over European banks as they face a brittle economy.

Bank 131
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Tour operator TUI confirms full-year outlook on back of strong bookings

Global Banking & Finance

Tour operator TUI confirms full-year outlook on back of strong bookings By Joanna Plucinska LONDON (Reuters) -Tour group TUI on Tuesday confirmed its full-year outlook for the 2023 financial year, citing strong bookings in the summer and upcoming winter season despite extreme weather from flooding to heatwaves disrupting flights and holidays.

IT 131
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Using Data & Analytics for Improving Healthcare Innovation and Outcomes

In the rapidly evolving healthcare industry, delivering data insights to end users or customers can be a significant challenge for product managers, product owners, and application team developers. The complexity of healthcare data, the need for real-time analytics, and the demand for user-friendly interfaces can often seem overwhelming. But with Logi Symphony, these challenges become opportunities.

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UK’s Hargreaves Lansdown bets on increased savings to sustain growth

Global Banking & Finance

UK’s Hargreaves Lansdown bets on increased savings to sustain growth By Khushi Mandowara (Reuters) -Hargreaves Lansdown is betting on savers to fuel growth despite subdued investment and trading activity in the current financial year, the British investment platform said on Tuesday, after posting estimate-beating annual profit.

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Ray Dalio says to hold cash 'temporarily' — but don’t buy debt and bonds

CNBC: Investing

Amid mounting concerns over rising interest rates and inflation levels Bridgewater Associates’ founder Ray Dalio said he prefers cash over bonds.

Debt 145
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Federal Court Says Consumer Watchdog Can’t Check Banks for Discrimination

The New York Times: Banking

A Texas judge’s sweeping ruling says the Consumer Financial Protection Bureau exceeded its authority in trying to examine banks for uneven treatment.

Bank 142
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Italy relies on GDP revisions to limit 2023 deficit rise -sources

Global Banking & Finance

Italy relies on GDP revisions to limit 2023 deficit rise -sources By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Italy hopes upcoming revisions to GDP growth data for 2020-22 will limit what could otherwise be a strong overshoot of its budget deficit target this year, two sources familiar with the matter told Reuters.

IT 130
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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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Oil prices extend gains towards $95 on tight supply

Global Banking & Finance

Oil prices extend gains towards $95 on tight supply By Natalie Grover LONDON (Reuters) – Global oil benchmark Brent crude neared $95 a barrel on Monday, with investors focused on the prospect of a widening supply deficit in the fourth quarter after Saudi Arabia and Russia extended supply cuts.

Investors 130
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How China’s Property Crisis Is Testing Its Too-Big-to-Fail Banks

The New York Times: Banking

Banks hold enormous amounts of real estate debt, and regulators are nervous. But a fast-moving crisis is unlikely because the government has extensive control of the system.

Bank 128
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Can Ghana’s Debt Trap of Crisis and Bailouts Be Stopped?

The New York Times: Banking

The government of Ghana is essentially bankrupt, and has turned to the International Monetary Fund for its 17th financial rescue since 1957.

Debt 145