Dubai is becoming a hotspot for finance professionals. The city's tax-free status and warm weather are big draws. Many are moving from places like London, Hong Kong, and Switzerland. The Dubai International Financial Centre (DIFC) is growing fast. It now has 48, 000 finance jobs. This is a 9% increa
The U. S. Consumer Financial Protection Bureau (CFPB) has decided to cancel a plan to keep track of non-bank financial companies that break the rules. This idea was first proposed during the Biden administration to help catch and stop repeat offenders. But now, the CFPB says the costs of keeping thi
In a surprising move, the top U. S. consumer finance watchdog has decided to ditch a registry that kept track of companies breaking the rules. They said it wasn't worth the cost. This decision came after they also reversed a policy that would have stopped medical debts from showing up on credit repo
The United States remains the go-to destination for global investment, according to top finance executives. At a recent gathering in Saudi Arabia, these leaders shared their optimism about the U. S. economy, downplaying fears of a slowdown. They believe the U. S. offers better opportunities compared
Qatar is making a significant shift in its investment strategy. The country's finance minister, Ali Ahmed Al-Kuwari, recently shared plans to focus heavily on technology and artificial intelligence (AI) for future investments in the United States. This move is part of a broader goal to diversify Qat
Nick Leeson, the man who shook the financial world, is back in the game. He's not trading derivatives this time, but offering advice. Leeson, known for causing Barings Bank to collapse, has joined HedgX, a risk technology firm. His role? Advising on risk management and business growth. Leeson's pas
Pave Bank has secured $39 million in funding, with Accel leading the charge. This company is on a mission to blend traditional finance with the world of digital assets. Imagine a bank that handles both regular money and digital currencies seamlessly. That's what Pave Bank offers. It provides deposit
A person in the public eye is in hot water for not following the rules about money in politics. This isn't just about breaking a rule; it's about understanding why these rules exist in the first place. Daniel Carlino is the name of the person involved. He's known for his work in the community, but
GlobalFoundries is going through some big changes. John Hollister, the company's finance chief, has left his post. The reason given is personal, but no more details were shared. Taking his place, at least for now, is Sam Franklin. He's been with the company since 2022 and has a solid background in f
In a significant move for gender equality, Japan has appointed its first female finance minister, Satsuki Katayama. This is a big deal because, in a country where politics has been male-dominated for ages, Katayama's appointment is a step forward. Katayama is not just any finance minister. She has
