How does raising interest rates control inflation?

When central banks raise interest rates, the impact is felt far and wide. Mortgages become more expensive, house prices might fall and unemployment can rise. So why do central banks do it? This film from The Economist tells you why.

Are CEO salaries out of control?

Last year, the median pay for the UK’s FTSE 100 CEOs was 80 times the median salary of their employees. As Patrick Temple-West reports, in the US the gulf is even greater, with S&P 500 CEOs earning on average 245 times more. The massive disparity has prompted criticism from many investors, with even billionaire Carl Icahn describing such wage gaps as “unconscionable”. From FT Moral Money.

Read the latest Edition (#131) of the Citadel Advantage News Digest

NEWS about Banking, Fintech, Payments, Business, Blockchain, Crypto, Money and more…

Read the newsletter HERE (with links to all the below mentioned articles).

Contents of this edition;

• Is it time to unbundle ESG?
• Et Tu, Muske?
• 6 Keys to Data Center Planning
• How banks can personalize financial wellness
• Consumers Expect Personalization at Every Banking Touchpoint
• Creating a Secure Mobile App: Main Vulnerabilities and Security Practices
• 4 Ways Citizens Bank Keeps 'Human' in Its Digital Banking Experience
• Your Complete Guide to Getting A Job On Blockchain
• Why Banks Need to Fix Their Poor Digital Onboarding Experience
• Artificial Intelligence in AP Automation – A Look at What Really Works, and What Doesn't
• High Rates & Tight Housing Spells Bleak Outlook for Mortgage Lending
• Making the branch relevant by design
• Electric Vehicle Lending: How Green Loans Can Accelerate Growth
• Nigerian Commercial Banks ‘Apathetic’ Over CBDCs, says Governor
• A Lifetime's Consumption of Fossil Fuels: Visualized
• What Happened to Terra Luna?
• Are We Having 1929 Again? - Warren Buffett
• What happens to investors money when a cryptocurrency exchange goes bankrupt
• How Blockchain Technology Is Revolutionizing Fintech in 2022
• How Payment Businesses Deal with Fraud and Data leaks
• The Importance of IoT Security
• Organization and metaverse privacy concerns

You can read/subscribe/get all the back issues HERE

Are We Having 1929 Again? -Warren Buffett

Warren Buffett explains the 1929 market crash and shares his thoughts on how to deal with events of today.

Warren E. Buffett is an American investor, philanthropist, business tycoon, and the chairman & CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of over 100 billion dollars. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth and made truly incredible stock market returns over his career.

Is it time to unbundle ESG?

“ESG should be boiled down to one simple measure: emissions”; so writes The Economist in a Leader in its June 21st edition.

One of the hottest trends in finance these days is environmental, social and governance (ESG) investing.

This is an attempt to make capitalism work better and deal with the critical threat posed by climate change.

ESG investing has mushroomed in recent years. While the ESG process began with such high hopes in 2004 or thereabouts, the three letters have mutated into shorthand for hype and controversy.

• Right-wing American politicians blame a “climate cartel” for spiraling prices at pump.
• Whistleblowers accuse the industry of “greenwashing” by deceiving its clients.
• Firms from Goldman Sachs to Deutsche Bank face regulatory probes.

While ESG in concept is well meaning it is deeply flawed. The danger is in creating conflicting goals for firms, conning savers and distracting from the now critical vital task of tackling climate change.

The Economist maintains that ESG is “..an unholy mess that needs to be ruthlessly streamlined.”

Read the full story HERE.

Read the latest Edition (#130) of the Citadel Advantage News Digest

NEWS about Banking, Fintech, Payments, Business, Blockchain, Crypto, Money and more…

Read the newsletter HERE

In this edition;

• After $2 trillion crypto crash, what happens next?
• Are big corporate profits to blame for inflation?
• Massive Wall Street layoffs feared as banking profits tank
• Top 100 Banks on Twitter Ranked by Most Followers
• Should You Buy The Dip in Crypto Crash?
• Inside the Digital Marketing Strategies of Top Neobanks Revolut & Monzo
• DeFi in the Metaverse: Possibilities, Pitfalls, and Promises
• 62 Digital Marketing Statistics Every Financial Marketer Should Know
• Phishing 101: A Beginner's Guide on Phishing Attacks
• Embedded finance: a double-edged sword for traditional financial institutions
• The 6 Pillars of Digital Marketing for Banks & Credit Unions
• 4 Reasons for Cyber Intelligence Failure
• Data Science and AI Predictions for 2022
• Digital Transformation in Lending Keys to Success
• The New Community Bank Model: Digital-First With a National Footprint
• Crypto crash, crypto investing and your taxes: A look at impact on investors’ taxes
• How Big Banks' Tech Advantage Hinders Innovation and Hurts Competition
• How Financial Institutions Can Stop Chasing Their Digital Tails
• 12 Must-Have Mobile Banking Features Consumers Expect Now

You can read/subscribe to the newsletter HERE

Are big corporate profits to blame for inflation?

Greedflation! Price gouging! Pandemic profiteering! 

What happens when turning a profit is considered a bad thing? The FT’s US business editor Andrew Edgecliffe-Johnson explains how a new message around corporate profits is resonating with the American public and causing headaches for executives.

Hear the FT podcast HERE