The recent announcement that Walmart has hired away two executives from Goldman Sachs to run its nascent fintech division was the clearest sign yet that the retail giant intends to compete in the consumer financial sector, especially with players in the middle market. David Stark and Omer Ismail, ... READ MORE >
financial services
CHART OF THE DAY: ESG comes to financial services
As more and more companies adhere to environmental, social and governance practices, or ESG, financial services firms have started to fall under scrutiny for their practices. It marks a shift from the early days of ESG, when much of the attention was focused on industrial companies and environmental ... READ MORE >
The coronavirus impact on the financial services sector
The spread of the coronavirus and its accompanying shock to the global economic system has spurred widespread fear within the financial services sector. The disruption has led senior leaders at financial services firms to ask some basic questions, from how do we keep our employees safe, to what does our ... READ MORE >