Month: March 2021
SubscribeBanks and Shareholders at Odds Over Racial Equity Audits
Last year, the consultants at McKinsey & Company set out to study racial equity in the financial sector. The firm’s report concluded that the industry gets dramatically whiter the further you go up the corporate ladder. McKinsey’s resea...
Read MoreBanks Push for a Return to the Office
The Covid-19 pandemic was supposed to revolutionize the modern workplace. Companies were going to reimagine what constituted “the office” and take a whole new approach to work-life balance. But apparently, the finance sector missed the memo...
Read MoreCompanies Caught in the Middle of U.S.-China Rivalry
If you thought a change in presidential administrations might ease tensions between China and the United States, think again. When representatives of the rival nations gathered earlier this month in Alaska for their first formal meetings si...
Read MoreReg FD Comes for AT&T
The latest TV advertising campaign for AT&T features two men – an existing subscriber and a new customer – squaring off in one of the company’s stores. They’re jockeying to get the best offer on a smartphone, but the punchline is that t...
Read MoreSPACs: Money for Nothing?
“Special purpose acquisition companies.” The name sounds only slight less sexy than its more commonly used acronym: SPAC. The packaging may be plain, but that hasn’t stopped SPACs from becoming the hottest investments on Wall Street. Some m...
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