Month: July 2022

• Kiersten and Julien Saunders joined the FIRE movement and retired in their 40s.
• In their book “Cashing Out,” they share the decisions that helped them make their first $100,000.
• They fired their financial advisor and decided to manage their investments independently.

At the top of their corporate careers, Kiersten and Julien Saunders delayed their honeymoon for months to accommodate their demanding work schedules. When they finally took their long-awaited vacation, the couple still found themselves checking their work emails compulsively.

That’s when they realized their lives needed to change. Julien had already heard about the Financial Independence/Retire Early (FIRE) movement through his friends and online research. After their honeymoon, the couple decided to buckle down and start living minimally — at one point even saving 70% of their combined income — to be able to retire early.

Now in their 40s, the Saunderses have left their

The logo of Australia’s biggest investment bank Macquarie Group Ltd adorns a desk in the reception area of ​​its Sydney office headquarters in Australia, Oct. 28, 2016. REUTERS/David Gray

July 28 (Reuters) – Australia’s Macquarie Group (MQG.AX) said on Thursday trading conditions softened amid rising inflation and fears of a recession, although volatility in gas and energy markets helped drive small gains in its markets-facing businesses.

The financial conglomerate, which does not disclose profit figures in quarterly updates, said considering the current economic backdrop, it was maintaining a cautious stance and adopting a conservative approach to capital, funding and liquidity.

The Sydney-based firm benefited from a rally in oil and natural gas prices as Russia’s invasion of Ukraine tightened an already under-supplied market in the recent past. However, the energy market is starting to shed some of those gains as fears

The thorny issue of fossil fuel financing is grabbing headlines as stakeholders look for evidence of the reliability of banks’ net zero commitments.

The war in Ukraine — an immense human tragedy — has thrown into sharp relief the need for a secure and reliable energy supply.

Meanwhile, the latest reports from the Intergovernmental Panel on Climate Change (IPCC) are a grim reminder we will likely reach 1.5C of global warming in the 2030s.

With today’s double global crisis of energy security and climate change, it’s human nature to face off the one that is right in front of us. How is it possible to roll off Russian oil and gas without investing in new fossil fuel capacity elsewhere; and how do we marry

About 50 students from universities across the United States and Europe gathered at the Yale School of Management for the 2022 Yale Summer School in Behavioral Finance from June 13 to 17.

The one-week program is an intensive PhD course in behavioral finance led by the Yale SOM faculty members who are leading practitioners in this growing field. Held every two years, the program draws PhD students in finance and economics.

“This is the seventh Summer School we’ve held, and we’re delighted that it’s become a marquee event in the academic finance world,” said organizer Nicholas Barberis, the Stephen and Camille Schramm Professor of Finance. “More than 300 students have taken part in this program over the years, and many of them have gone on to do excellent research of their own in the field.”

In addition to Barberis, this year’s faculty from Yale SOM included Kelly Shue (above)

In the sumptuous palace of Versailles, President Emmanuel Macron this week hosted 180 bosses of multinationals such as Disney, Siemens and JPMorgan at his annual Choose France summit at wooing foreign investment.

The confab has come to symbolize how Macron, a former investment banker, has sought to make France more business friendly since his 2017 election by cutting corporate taxes, making it easier to hire and fire workers, and simplifying regulations.

But as his second term starts, the president who declared he wanted France to shed its tax-heavy, statist reputation to become a “start-up nation” has a weakened political hand after losing his parliamentary majority. Faced with emboldened far-left and far-right parties, no longer will he be able to push through economic reforms largely unobstructed.

The economic outlook is also trickier because inflation, which is running at about 6 per cent, is hitting consumers and businesses, just as the

July 13, 2022

Time to Read: 2 minutes

Practices: Finance

Global law firm Ropes & Gray today announced that Evan Berman has joined the firm as counsel, based in the firm’s 500-lawyer New York office. Evan brings extensive securitization finance experience and will help build out the firm’s market-leading whole-business securitization platform.

Evan has counseled prominent franchisors including Dunkin’, Carl’s Jr., Hardee’s, Arby’s, Wingstop and Jimmy John’s, their private equity sponsors, and investment banks in over $10 billion of whole-business securitizations. Evan has extensive experience in many other types of securitizations as well. For instance, he represented (i) the initial purchasers in connection with the issuance of $500 million of securitized notes backed by revenues from the Miramax film library, in the first film securitization closed since the financial crisis, (ii) the US Treasury as note purchaser in a $1.5 billion retail installment contract securitization for Chrysler as part of

Finance is a popular career path for MBA grads, known for its high salaries with companies such as JP Morgan and Goldman Sachs, and for its huge career growth opportunities.

It’s no surprise that at many of the top MBA programs, over a third of grads go into the sector:

If you’re serious about going into the financial industry, you might want to consider an MBA in finance. A step up from a master’s in finance, an MBA in finance balances hands-on career training with in-depth finance learning.

We’ll take you through what you can expect from an MBA finance degree, including MBA finance jobs and the average MBA finance salary.

What is an MBA in Finance?

There are two types of MBA finance courses:

1) MBA programs that focus wholly on finance

2) MBA programs that offer a specialized track or concentration in finance

The latter are a lot

ST. PETERSBURG, Fla., July 13, 2022–(BUSINESS WIRE)–United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that its Board of Directors has initiated a review of its strategic and capital raising alternatives. As part of this process, the Board will consider a wide range of options for the Company including, amongst other things, a potential sale, merger, subsidiary divestiture, formation of a new Florida-domiciled reciprocal exchange, as well as the sale of equity , surplus notes or other financing or strategic transactions.

There can be no assurance that this process will result in the company pursuing a particular transaction and the company does not intend to disclose further developments unless and until it determines that further disclosure is appropriate or necessary.

The Company has retained Insurance Advisory Partners, LLC as its financial advisor and Debevoise &

A study by StrategicCFO360 and Vic.ai finds finance leaders want to increase efficiency and gain valuable insights by accelerating automation.

Automation nation is becoming more of a reality with 81% of chief financial officers (CFOs) recognizing the potential of automation to optimize processes and resources and capture data insights across the finance function, according to a new report that surveyed 145 CFOs and other finance leaders across all industries in May 2022.

Further, nearly 60% of CFOs are planning to increase their investments in automation over the next year in light of the tight labor market and rising operational costs, according to StrategicCFO360 and accounting platform provider Vic.ai.

There appears to be a sense of urgency to take action, the report noted. Nearly half (43%) of those polled expect to achieve their goals within the next two years, with an additional 10% reporting that they had already