According to the New York Times, Greensill Capital promised a win-win for buyers and sellers, until it all fell apart, igniting concerns about opaque accounting practices. Questions: How much was Greensill valued at less than 2 years ago? Explain how Greensill’s problems extend to the U.S. Explain Mr. Greensill’s position in the firm as the… Read more »
Posts Tagged: finance industry
Account Takeovers Increase in the Finance Industry
According to statistics of events detected by Kaspersky Fraud Prevention, the share of account takeovers in the finance industry have increased from 34% in 2019 to 54% in 2020. Questions: What are the two most common schemes to get access to a bank account? How often are legitimate remote administration tools misused to gain access… Read more »
Block Chain Report on Finance Industry
A newly released block chain report about banking was previewed on Business Insider.com. Questions: According to Bloomberg, how much money has been poured into block chain technology, annually, as of 2018 within financial institutions? What are key difficulties or roadblocks associated with block chain application? What are the companies mentioned in the report? Source: Tesfaye,… Read more »
Looking for an internship?
According to Glassdoor, who ranks internship opportunities, nearly half of the twenty-five most lucrative internships are in the technology field. Questions: Which fields follow technology as the most lucrative? Which company tops the list with a median monthly salary of $8,000? Which was the most surprising to you and why? Source: Eadicicco, L (2019) The… Read more »