Dutch digital bank Bunq is setting its sights on obtaining a banking license from U.K. financial regulators in the near future. CEO and founder Ali Niknam expressed his optimism in an interview at the Viva Tech conference in Paris, stating that he hopes for approval by the end of the year or early next year.
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North Dakota Governor Doug Burgum has recently come under fire amidst allegations that he was present during a meeting where former President Donald Trump made promises to oil executives in exchange for financial support. Reports claim that Trump vowed to reduce regulations if elected for a second term, in exchange for $1 billion in contributions.
In recent years, a new trend has emerged on social media platforms like TikTok, known as Financial TikTok or FinTok. This trend has gained significant popularity among Generation Z, who are turning to social media for financial advice and information rather than traditional sources like professional advisors. According to the CFA Institute, Gen Zers are
In a competitive job market, many individuals, like Kelly Harry, find themselves undervalued and underpaid. The awareness of being underpaid often comes as a shock, much like Harry’s experience when she realized she was making significantly less than her colleague. This situation highlights the importance of understanding one’s market value and advocating for fair compensation.
Jan van Eck, the CEO of VanEck, has observed a significant shift in sentiment within the cryptocurrency market following the U.S. Securities and Exchange Commission’s (SEC) approval of a rule change permitting Ethereum exchange-traded funds (ETFs). Van Eck expressed his astonishment at the positive development, referring to it as a remarkable progression in securities regulation
Italy has long been a popular destination for tourists, offering a rich tapestry of culture, history, and natural beauty. However, the overwhelming influx of visitors in recent years has led to a growing dilemma for the country. From iconic cities like Venice and Milan to picturesque lakeside resorts like Lake Como, the impact of mass
Adam Moelis co-founded Yotta, a fintech startup, with the intent of revolutionizing the way Americans save money. The goal was to provide a unique way for individuals to build financial security to navigate life’s challenges. However, what began as a promising venture quickly turned into a nightmare for thousands of Yotta customers. This unfolding crisis
In the United States, various financial thresholds are adjusted for inflation each year to assist households in keeping pace with the rising cost of living. These adjustments impact contribution limits to retirement plans, Social Security benefits, federal income tax brackets, and other critical financial areas. However, not all thresholds are inflation-adjusted, causing significant challenges for
In the world of retirement savings, there is a lesser-known strategy that could benefit higher earners looking to maximize tax-free growth. While Roth IRAs offer tax-free advantages, some individuals may earn too much to make direct contributions. This is where mega backdoor Roth conversions come into play, providing an opportunity to sidestep income limits and
In today’s job market, companies are increasingly shifting their focus towards skills-based hiring rather than traditional metrics like education or years of experience. Recent reports and data have shown a significant decrease in the number of job postings that list specific requirements for employment tenure and formal education. According to data from job site Indeed,