Financial Services

Mnuchin private equity fund raises $ 2.5 billion

In 2018, following the brutal murder of Jamal Khashoggi, a Washington Post columnist, Mr. Mnuchin skipped the conference but still toured the country and met Crown Prince Mohammed bin Salman. A US intelligence report released in February held Prince Mohammed responsible for the murder of Mr. Khashoggi. In January 2021, …

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From Wednesday, changing banks in Israel is easy

From Wednesday, Israelis can change banks much more easily. A new system allows bank customers to switch from one bank to another online quickly and free of charge. Under the new “follow me” service, bank accounts can be changed within seven days, and any fees or deposits reaching the old …

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Brekken joins BankWest as CFO

Pat Brekken has been appointed Chief Financial Officer of BankWest, a position that oversees the bank’s fiscal responsibility. Prior to joining the BankWest team, Brekken served 11 years as CFO of a credit union and 12 years as CEO of a credit union. Pat will assume the responsibilities of CFO, …

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The seductive promise of decentralized finance

Sep 18, 2021 THE SCEPTICAL have a lot of forage. Early users of bitcoin, the original cryptocurrency, used it to buy drugs, while cyber hackers are now demanding their ransom. Hundreds of millions of dollars of ether, another digital currency, were stolen this year after hackers discovered a bug in …

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The Global Financial Institution Industry Podcast

Author A. Valérie Mirko A. Valerie Mirko is a partner in Baker McKenzie’s North American Financial Regulation and Enforcement Practice Group. Valerie has extensive experience with federal and state securities laws and regulations affecting the financial services industry, with an emphasis on the investment advisory and brokerage industries. Valerie has …

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