VTB, Russia's second-largest bank, is making waves by planning to offer direct bitcoin and crypto trading to its clients. This move comes as a response to growing customer demand for actual cryptocurrencies, not just derivatives. Despite the lack of clear regulations, VTB is testing the waters with
Private equity firms have a unique way of making money. They buy companies, improve them, and sell them for a profit. If they buy a company for $2 billion and sell it for $3 billion, they earn a big bonus. This bonus is called a "carry. " It's usually 20% of the profit, which in this case would be $
A fresh production company, Yume Entertainment, has just emerged, aiming to blend Hollywood and Asian film industries. The brains behind this venture are producers Andrea Bucko and Motoko Kimura, who bring a wealth of experience to the table. Yume, which translates to \"born from a dream\" in Japan
A new savings initiative, called Trump Accounts, aims to help lower-income families build wealth. The program is part of a larger bill proposed by President Donald Trump. While the details are still unclear, financial experts have mixed opinions about its potential impact. Starting in 2026, the gov
QC Ally has welcomed Scott Ingram as their new Chief Information Officer. With over 20 years of experience, Scott is an expert in cybersecurity, cloud infrastructure, and enterprise technology. He has worked in the mortgage, fintech, and global tech industries. Scott's new role involves leading tec
Australia is sitting on a goldmine of retirement funds, but there's a catch. The country has a massive wealth pool, but not enough financial experts to go around. This has caught the attention of major Wall Street players like BlackRock, Goldman Sachs, and JPMorgan Chase. BlackRock, led by CEO Larr
In recent times, politics has taken center stage in financial planning discussions. This shift comes as no surprise, given the recent government shutdown, fluctuating tariffs, and stock market ups and downs. A recent study by the CFP Board reveals that politics is now the top concern for many Americ
Citi has just announced a fresh batch of 276 managing directors. This is the smallest group since 2020, showing a shift in the bank's approach. The new leaders come from different parts of the bank, like markets, banking, wealth, and services. The bank is focusing more on growth in these areas after
A financial expert recently shared his thoughts on the Giving Pledge. He pointed out that it was born out of fear during the 2008 financial crisis. Wealthy individuals wanted to avoid public anger. But, he argues, the Giving Pledge hasn't made much progress. He believes a new idea, called Trump Acc
Northern California’s coastline has always been a source of inspiration. From the dramatic cliffs of Big Sur to the misty shores of Marin, the natural beauty has sparked a new wave in luxury home design. Modern coastal homes are now blending sleek design with the raw power of the ocean, creating stu
