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Tag: what are the different jobs in finance?

17/05/202311/07/2024

This Toronto finance creator made almost $45K in one month and shared the untapped income streams people are ‘sleeping on’

Toronto finance creator Reni Odetoyinbo is spilling all her secrets on how she managed to make $44,000 in one month alone with social media at her fingertips.

Odetoyinbo spoke with Now Toronto and said that having different streams of income is the ultimate key to her success.

But what does that mean exactly? We asked her.

Now Toronto: You made thousands of dollars through multiple income streams, how did you do it?

Reni Odetoyinbo: I made $44,000 through brand partnerships, speaking engagements, affiliate income, social media marketing consulting services, Google AdSense, and digital product sales. I was able to do

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07/05/202311/07/2024

DEUS Finance lost $6M following stablecoin hack

Decentralized finance (DeFi) protocol Deus Finance has lost over $6 million due to a security breach on its stablecoin DEI (DEI). The hacker exploited a vulnerability in the BNB Smart Chain (BSC) on May 5, according to blockchain security firm PeckShield.

A bot initiated the hack on the BSC, which led to a loss of more than $1.3 million. The attacker also targeted the Arbitrum network, with ARB/ETH deployments losing over $5 million. Twitter users claimed the token contract had a basic implementation error as the root cause.

Hi @DeusDao: it appears to be a pubic burn vulnerability with

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06/05/202311/07/2024

NexGen Energy Receives Strong Support for Rook I Project Financing in Excess of US$1 Billion

VANCOUVER, BC, May 1, 2023 /CNW/ – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that it has received significant initial interest from prospective financial institutions, including commercial lenders and export credit agencies, for providing project financing for the Rook I Project (the “Project” or “Rook I”). To date, NexGen has received non-binding expressions of interest totaling over US$1 Billion in available debt for the Project, subject to acceptable financing terms and conditions as well as satisfactory due diligence (including environmental and social reviews) and the entering into of definitive

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29/04/202311/07/2024

Will Apple take a big bite out of the banks?

In 2019, after months of gruelling work, executives at Apple and Goldman Sachs were gearing up to unveil Apple Card, a landmark move for the iPhone maker’s burgeoning ambitions in financial services.

As the launch date approached, the partners hit a sticking point. Apple, keen to be seen as providing unique value for customers and with a habit of grandiose marketing claims, wanted to peddle the product as the “most secure credit card ever”.

Apple limited leverage. Goldman saw the Apple Card as a pivotal product to show it could cater to Main Street customers. “The offering to Goldman was

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25/04/202311/07/2024

Leaked Memo Reveals New Finance Structure As Cuts Loom

  • Disney CFO Christine McCarthy has restructured its finance teams, according to a leaked memo.
  • Thousands of Disney employees will be laid off next week, Bloomberg reported, across film, TV, parks, and corporate.
  • The finance consolidation is part of CEO Bob Iger’s effort to cut $5.5 billion in costs.

Disney’s chief financial officer, Christine McCarthy, named a new finance team pulling together staff from both Disney Entertainment and ESPN. The new structure was outlined in a memo from McCarthy that was reviewed by Insider.

McCarthy shared the details with staff this week, naming Bryan Castellani as the new chief financial officer

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24/04/202311/07/2024

Details about multimillion dollar stock holdings hidden in abortion pill judge’s financial disclosures



CNN
—

The federal judge who issued a nationwide ruling blocking the approval of a common abortion medication redacted key information on his legally mandated financial disclosures, in what legal experts described as an unusual move that conceals the bulk of his personal fortune.

In his 2020 and 2021 annual disclosures, Judge Matthew Kacsmaryk wrote that he held between $5 million and $25 million in “common stock” of a company – a significant majority of the judge’s personal wealth. The name of the company he held in stock is redacted, despite the fact that federal law only allows redactions of

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19/04/202311/07/2024

Colorado school finance bill boosts K-12 spending to $9 billion

Colorado’s school finance act would boost K-12 funding next year to more than $9 billion — $150 million more than described in the recently finalized 2023-24 budget and a 7.5% increase from this year.

“The change to school finance is historic,” said Joint Budget Committee Chair Rachel Zenzinger. Average per-pupil spending is proposed to reach $10,579, a 10% increase from this year.

The bill, SB23-287, could set Colorado on the path to fully funding its schools according to constitutional requirements by the 2024-25 school year. Zenzinger said an amendment would lay out a two-year process to eliminate the practice of

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19/04/202311/07/2024

Startup founder’s alleged $175 million fraud highlights inequality in finance, experts say

JPMorgan Chase trumpeted its $175 million acquisition of a college financial planning company called Frank in 2021, boasting that the firm served more than five million students.

Little more than a year later, however, the nation’s largest bank sued Frank founder Charlie Javice, saying she and another executive from the company deceived the bank and that the company actually had fewer than 300,000 customers.

In a counterclaim for wrongful termination, Javice denied the accusations, describing what she said was the bank’s failure to adequately vet the company as “implausible.”

The megabank’s apparent inability to properly assess the startup, which promised

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