How to find the best mortgage rate — it could save you $3,300 a year
Buyers who skip comparison shopping often end up considerably overpaying for their mortgage.
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How finance executives can hold a seat at the C-suite table
Finance leaders today face unprecedented levels of risk, from geopolitical conflicts, macroeconomic volatility and rapid advances in technology. Navigating this environment requires leaders across the organization to maximize their value-add. For CFOs, this means looking beyond finance functions and stepping into the role as a strategic advisor for the organization: One who can leverage finance…
The ex-CVC Poland head betting on long-duration PE
Krzysztof Krawczyk thinks the standard investment cycle risks leaving upside on the table. By Jack Arrowsmith, London By the early 2000s, Energis was in deep trouble. The telecoms company had expanded aggressively since listing, and following the dotcom crash the pressure was starting to bite. By July 2002, it was placed into administration. In 2004…
Grayscale’s long-time CFO departs | CFO Dive
Dive Brief: Grayscale Investments Sponsors has named two current finance executives to temporarily take its finance reins after long-time CFO Edward McGee stepped down, the company said in a recent securities filing. McGee, who has been the crypto asset manager’s finance chief since 2019, left the company on July 2 for personal reasons, according to a…
IBM shares plunge 25% after CEO admits company fell behind
IBM shares tumbled Tuesday as CEO Arvind Krishna acknowledged in an unusual letter to investors that the company had failed to adapt quickly enough, a blunt admission that followed a surprise earnings miss and sent the stock toward its worst drop in decades. Fortune talked to several analysts about the resulting 25% stock crash, the…
UBS client advice contributed to withdrawals from Blue Owl private credit fund
UBS played a significant role in triggering investor withdrawals from a flagship Blue Owl private credit fund after advising some wealth management clients to reduce their exposure to the asset class, according to a report by the Financial Times. Investors began redeeming substantial amounts from the $3bn Blue Owl Technology Income (OTIC) fund during the…
Europe to social media platforms: make yourself safe for kids under 13, somehow
A top European Union official on Monday called for limits to be placed on children using social media as a special EU panel looking into the challenge recommended forbidding access for those under 13 until tech companies can prove their platforms are safe. Growing awareness of the dangers social media poses for young, developing brains has shown up in…
