Fri.Dec 06, 2024

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Developing a resilient, adaptable workforce for an uncertain future

Mckinsey and Company

A key task for 21st-century leaders is to develop their own capacity for change while also fostering resilience and adaptability in others across the organization. Heres a blueprint for doing that.

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Guardian Confirms Sale of The Observer to Tortoise Media

NYT M&A

The Guardian Media Group said it had struck a deal to sell The Observer to Tortoise Media, shortly after a 48-hour strike by journalists had ended.

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BCBS 239 2.0 resurgence: Strengthening risk management and decision making

Mckinsey and Company

A renewed focus on the 2013 data risk management regulatory standard poses new challenges and opportunities for European and US banks. Achieving compliance will take a structured, top-led approach.

Banking 111
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BOI Filing Requirement Temporarily Suspended

Machen McChesney

As of Wednesday, 12/3 , a federal judge in Texas issued a ruling suspending (temporarily) enforcement of the Corporate Transparency Act (CTA) nationally. The CTA created the Beneficial Owner Information (BOI) filing requirement for businesses. This ruling is not a repeal but a temporary stay of enforcement.

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How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

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Defying the odds to find fintech app success: A conversation with Nays’ Ceyda Yalçın

Mckinsey and Company

The driving force behind one of Trkiyes leading banking apps explains how an offshoot of the countrys largest listed bank was able to outperform hundreds of competing fintechs.

Banking 93
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AMA: Laura Way, founder of Votch

Vested

Laura Way is the founder of Votch , a brand transforming fashion with stylish, cruelty-free accessories. Inspired by her own journey, Laura is on a mission to drive ethical and sustainable choices among consumers.

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World’s Best Private Banks 2025: US Regional

Global Finance

Assets see significant growth. After a year that can be described as challenging for US regional banks, with the failures of Silicon Valley Bank, First Republic Bank, and Signature Bank early in 2023, profitability growth has returned to many of the sectors banks that survived that dark period. Buoyed by an improving monetary environment, increased dealmaking activity, and a better-than-expected business climate, due to a resilient US economy, our winners this year showed the importance of regio

Banking 52
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Remedies: Del. Chancery Imposes Constructive Trust Hitting PE Funds Right in the Wallet

John Jenkins

Earlier this week, the Chancery Court issued its decision in Enhabit, Inc. v. Nautic Partners IX, L.P. (Del. Ch.; 12/24), a case involving breach of fiduciary duty and aiding and abetting claims arising out of a former executive of Encompass Health’s usurpation of corporate acquisition opportunities.

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World’s Best Private Banks 2025: Western Europe

Global Finance

Greater competition drives more personalization. Amid an improving monetary landscape and enhanced investment banking opportunities, many of Western Europes leading private banks are witnessing a strong resurgence in assets under management and profitability growth. Yet, despite these positive trends, the region faces significant geopolitical and long-term economic risks that make achieving industry excellence more complex.

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Insight Acquisition Corp Stockholders Approve Extension of Business Combination Period Through March 7, 2025

Benzinga

NEW YORK, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Insight Acquisition Corp. (NASDAQ: INAQ ) announced today that its stockholders have approved an extension of the time period by which the Company has to consummate an initial business combination (the "Business Combination Period") from December 7, 2024, to March 7, 2025 (the "Extended Termination Date").

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

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World’s Best Private Banks 2025: Central & Eastern Europe

Global Finance

Macroeconomic growth raises investment interests. After a brutal 2022-2023, which saw economic activity impacted by COVID-19, Russias invasion of Ukraine, and Germanys downturn, 2023-2024 has seen a recovery in Central and Eastern Europe (CEE) and Southeastern Europe (SEE). As a consequence, consumers are spending and investing more. Our economies are steadily adjusting to evolving global dynamics, said Beata Javorcik, the chief economist of the European Bank for Reconstruction and Development (

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Automatic Identification and Data Capture Market to Expand at an Impressive 14.9% CAGR through 2031 | SkyQuest Technology

Benzinga

Westford, USA, Dec. 06, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the automatic identification and data capture market size will attain a value of USD 184.7 billion by 2031, with a CAGR of 14.9% over the forecast period (2024-2031). Growing use of smartphones for QR code scanning and increasing incidence of breaches and frauds are projected to primarily drive the global automatic identification and data capture market growth.

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World’s Best Private Banks 2025: Africa

Global Finance

Offshore investments become a hedge against currency volatility. Wealth preservation and growth in Africa are highly challenging. The affluent know this too well, especially given the recent macroeconomic environment. High inflation, currency volatility, and foreign exchange scarcity have eroded wealth and significantly contributed to a decline in net worth for many people.

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Workforce Analytics Market Size to Reach USD 7.26 Billion by 2031 | SkyQuest Technology

Benzinga

Westford, USA, Dec. 06, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the Global Workforce Analytics Market Share will reach a value of USD 7.26 Billion by 2031, with a CAGR of 15.40% during the forecast period (2024-2031). Market growth is based on trends including high adoption of data for strategic workforce planning, gaining a competitive advantage, the desire for reduced long-term labor challenge, and ensuring employee engagement and happiness.

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Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

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World’s Best Private Banks 2025: Middle East

Global Finance

Private banks benefit from a demographic shift. Private banking in the Middle East continues to thrive, outpacing most other global regions; and the prospects remain positive in dedicated banking and wealth management despite increased geopolitical risk in the area. Boosted by solid economic and business growth in key countries, including Saudi Arabia, the United Arab Emirates (UAE), and Qatar, the number of high net worth individuals (HNWIs) and ultrahigh net worth individuals (UHNWIs) continue

Banking 52
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Glass Packaging Market to be Reach USD 81.74 Billion by 2031 | SkyQuest Technology

Benzinga

Westford, USA, Dec. 06, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the global glass packaging market will attain a value of USD 81.74 Billion by 2031 , with a CAGR of 4.5% during the forecast period (2024-2031). The glass packaging market in Japan, South Korea, and Singapore is driven by increasing demand for sustainable and premium packaging solutions.

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World’s Best Private Banks 2025: Caribbean & Central America

Global Finance

Banking app adoption rises by more than 50% in some markets. Banking in Central America and the Caribbean continues consolidating, with a mix of de-risking and record profits. With the emergence of neobanks posing a challenge, traditional brick-and-mortar institutions are offering more services. Many, such as El Salvadors newest bank, Banco Integral, as well as Lafise in Nicaragua and Panama, are focused on small and midsize enterprises (SMEs).

Banking 52
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Interactive Fitness Market Size to Reach Worth of USD 10.03 Billion by 2031 | SkyQuest Technology

Benzinga

Westford, USA, Dec. 06, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the Global Interactive Fitness Market Share will reach a value of USD 10.03 Billion by 2031, with a CAGR of 8.5% during the forecast period (2024-2031). The high consumption of fast food, busy work schedules, and a growing number of sedentary lifestyles are the major contributors to the emphasis on increasing fitness and health awareness, expected to support the interactive fitness market during the forecast period.

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Peru: A Stable Latin American Hub

Global Finance

Peru boasts a solid economy, rich mineral reserves, and investment opportunities, despite political unrest. Peru is often synonymous with its tourist attractions like Machu Picchu or the Nazca Lines. However, political turmoil is also common in a country that has had six presidents in the past eight years. Beneath the surface, lies a reasonably stable economy, rich in mineral reserves and in a prime geographical location, connecting the Americas, the Pacific and, crucially, China.

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Tower Crane Market to Surpass Valuation of USD 16.57 Billion by 2031 | SkyQuest Technology

Benzinga

Westford, USA, Dec. 06, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the global tower crane market size will reach a value of USD 16.57 Billion by 2031, with a CAGR of 9.70% during the forecast period (2024-2031). The increase is explained by the continuous global upsurge in building and infrastructure development initiatives, contributing to a significant increase in the global tower crane market share.

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High Net Worth Investors Eye Resilient Strategies: J.P. Morgan US Private Bank CEO David Frame Q&A

Global Finance

David Frame, CEO of J.P. Morgan US Private Bank, discusses navigating rising rates, global tensions, and technological transformation. Global Finance: What are high- and ultra-high-net-worth investors main concerns going into 2025? David Frame: These investors are navigating a complex landscape. The global economy is transitioning to an era marked by higher growth, increased capital investment, and elevated interest rates.

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Greenhouse Market to Witness 9.9% CAGR by 2031 | SkyQuest Technology

Benzinga

Westford, USA, Dec. 06, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that greenhouse market size will attain the value of USD 59.64 Billion by 2031, with a CAGR of 9.9% during the forecast period (2024-2031). The rapidly increasing global population and the emphasis on providing food for their nutritional needs are expected to create new business opportunities for greenhouse suppliers.

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World’s Best Private Banks 2025: Latin America

Global Finance

Market gains spread the wealth. The private banking landscape in Latin America is experiencing significant growth and transformation. The rising number of middle-class investors has led to an increase in the number of private banking clients. However, it has also decreased the total share of assets under management (AUM) for private banks. At the same time, the region has seen a surge in family wealth and the establishment of family offices, driven by market gains and economic improvement.

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Cell Viability Assays Market is Poised to Register CAGR of 9.94% by 2031 | SkyQuest Technology

Benzinga

Westford, USA, Dec. 06, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the Global Cell Viability Assays Market share will reach a value of USD 3.24 Billion by 2031, with a CAGR of 9.94% during the forecast period (2024-2031). Cell viability assays (CVAs) test how cells react to any medication or infection. This is among the factors that have led to its wide use in the pharmaceutical and medical industries.

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World’s Best Private Banks 2025: Middle East

Global Finance

Private banks benefit from a demographic shift. Private banking in the Middle East continues to thrive, outpacing most other global regions; and the prospects remain positive in dedicated banking and wealth management despite increased geopolitical risk in the area. Boosted by solid economic and business growth in key countries, including Saudi Arabia, the United Arab Emirates (UAE), and Qatar, the number of high net worth individuals (HNWIs) and ultrahigh net worth individuals (UHNWIs) continue

Banking 52
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Cloud Advertising Market to Surpass Valuation of USD 14.53 Billion by 2031 | SkyQuest Technology

Benzinga

Westford, USA, Dec. 06, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the global cloud advertising market size will reach a value of USD 14.53 Billion by 2031, with a CAGR of 18.1% during the forecast period (2024-2031). With the provision of cloud advertising services, the infrastructure and tools needed to execute programmatic ad campaigns are made available to advertisers.

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World’s Best Private Banks 2025: Global Winners

Global Finance

Private banks expand offerings to meet changing client demands. For 10 consecutive years, Global Finance has recognized the leaders and visionaries in the private banking industry through our Worlds Best Private Banks awards. While private bankings core mission of managing the worlds fortunes with a focus on the long-term, intergenerational aspect of wealth planning has remained unchanged throughout this journey, the same cannot be said about the industrys offerings, which have grown immensely m

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Osisko Metals Acquires Additional Claims Near Gaspé Copper

Benzinga

MONTREAL, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the " Company or " Osisko Metals ") (TSXV: OM , OTCQX: OMZNF , FRANKFURT: 0B51 )) is pleased to announce the acquisition of a group of 199 claims adjacent to its Gasp Copper Project (the "Claims"). Pursuant to a sales agreement dated October 8, 2024 with the two private holders of the interest in the Claims, Osisko Metals acquired a 100% interest in the Claims in exchange for the issuance of 5,000,000 common shar

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World’s Best Private Banks 2025: Introduction

Global Finance

Private banks increase their technology investments to improve their high-touch offerings for the wealthy. A quick look at global investment performance in 2024 proves the trend that the rich are getting richer. Their preferences for wealth management are also becoming more individualized and sophisticated. On the other side of the equation are the global private banks, which see the current mixture of massive wealth generation and increasingly complex demands as a generational opportunity.

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Weekly Roundup: November 29-December 5, 2024

Harvard Corporate Governance

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, December 6, 2024 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of November 29-December 5, 2024 Listing Migration: A Conflicted Path to Value Creation Posted by Ali Saribas, Andrew Brady, and Chinguun Nyambat, SquareWell Partners, on Friday, November 29, 2024 Tags: Activism , Board of Directors , Europe , Value Creation SEC Enforcement FY24 Review: Key Themes and End

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Sustainable Investing Goes Mainstream: J. Safra Sarasin Chief Sustainability Officer Daniel Wild Q&A

Global Finance

Daniel Wild, chief sustainability officer at J. Safra Sarasin, shares how wealth managers meet clients sustainability goals. Global Finance: How has sustainable investing evolved as an aspect of long-term wealth planning? Daniel Wild: Sustainable investing has become a core component, with the approach becoming increasingly nuanced to reflect clients goals.

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The ISSB Puts Portfolio Materiality on the Table

Harvard Corporate Governance

Posted by Frederick Alexander, The Shareholder Commons, on Friday, December 6, 2024 Editor's Note: Frederick Alexander is the CEO of the Shareholder Commons. ISSB ADOPTS INITIAL STANDARDS WITH COMPANY-SPECIFIC MODEL OF MATERIALITY In a prior post on this Forum, I discussed the need for the International Sustainability Standards Board (ISSB) to adopt a sesquimateriality approach to disclosure: one that would require reporting companies to disclose any sustainability information that was material

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World’s Best Private Banks 2025: North America

Global Finance

A booming economy brings many new clients to the largest private banks. Buoyed by widespread expectations of a better monetary environment ahead and a US economy that refuses to fall into recession, North American private banks saw proceeds, particularly from investment banking, return to the growth trajectory of the past decade. Against this backdrop, the industrys assets under management received a notable boost, as did new customer inflows, tightening the race between the regions largest bank

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Organigram Wants To Become Canada's Largest Cannabis Company By Market Share Via $71M Acquisition Deal

Benzinga

Organigram Holdings Inc. (NASDAQ: OGI ) (TSX: OGI ) announced the acquisition of 100% of Motif Labs Ltd. for CA$90 million ($64 million), comprising of CA$50 million in cash and CA$40 million in Organigram common shares, based on a 30-day trading VWAP of $2.321 on the TSX. An additional CA$10 million contingent consideration is payable in shares, conditional on achieving a share price above $3.2203 within 12 months.