Bloomberg Markets
Dawn Nordberg, head of integrated client solutions and global family office at Citi Wealth, said projections show that 55% of global wealth will be commanded by women by 2030 as the 'great wealth transfer' continues to trend toward women.
Nordberg said that she is seeing a shift from women being the beneficiaries of a family to being the principal in a family office. (Source: Bloomberg)
Yahoo Finance
Bloomberg Markets
The Brazilian Senate leader from President Luiz Inácio Lula da Silva’s party stepped down from his post after a police investigation uncovered connections to failed lender Banco Master.
Yahoo Finance
Bloomberg Markets
Katie Hubbard, president of US capital markets for Walton Global, said that the higher end of the housing market is still doing well as high income clients are still paying to buy and build homes. Hubbard said that despite efforts to make home buying more affordable for the wide public, it is hard for federal efforts to increase housing supply to make an impact. (Source: Bloomberg)
Financial Times
AI company says the Chinese ecommerce giant used fake accounts to ‘extract’ chatbot’s capabilities
Yahoo Finance
Yahoo Finance
Yahoo Finance
Yahoo Finance