BANKS ARE EMBRACING DIGITAL CHANGE!

IN A POST-PANDEMIC WORLD, SOCIAL MEDIA CONVERSIONS WILL DRIVE BANKS’ SUCCESS   The past year highlighted the growing importance of digital customer experiences in the financial services industry as COVID-19 continued to accelerate the pace of digitization. Unable to connect in person, consumers turned to digital tools. One survey conducted between late March and early…

Between jobs? Oh, I Binged a LOT of Netflix!

Why a significant gap on your CV/resume isn’t as bad as you think   We’re going to talk about significant gaps in experience in this edition. Why? Because when I posted a recent poll a lot of LinkedIn members indicated they have one. 45 percent out of nearly 1,600 votes is fairly significant. If this poll is…

Jobs Galore across many European banking Capitals!

Bankers quit London as Brexit relocations to EU step up   Investment banks are shifting more rainmakers out of London to financial centres across the European Union, accelerating the pace of moves after the pandemic and uncertainty over Britain’s access to the bloc slowed relocations. Morgan Stanley,  Barclays, Goldman Sachs (GS.N) are among those moving senior bankers,…

Workers are running away from major cities!

How Covid Has Reshaped Real Estate From New York to Singapore   The retreat from major cities has been the pandemic’s big real-estate story — but that doesn’t mean metropolitan house prices have suddenly got cheap. From New York to London to Sydney, ultra-low interest rates and vast government fiscal support have limited distressed sales.…

Better than expected economic results!

BNP Paribas beats quarterly expectations as equity trading rebounds   France’s BNP Paribas on Friday reported a better-than-expected first-quarter profit, helped by lower provisions for pandemic-related bad loans and a rebound in its equity trading business that the bank aims to expand. The euro zone’s biggest listed lender said net profit rose 37.9% to 1.77…

Tsunami of Money Flooding into Wall Street

Investors have put more money into stocks in the last 5 months than the previous 12 years combined.   More money has gone into stock-based funds over the past five months than the previous 12 years combined, according to Bank of America. In raw numbers, $569 billion has flowed into global equity funds since November,…