April 16, 2021

Day: April 16, 2021

How Morgan Stanley’s Seema Hingorani Would Recruit More Women to Finance

Seema Hingorani has been on a mission to solve a problem that became glaringly clear while she was chief investment officer of the New York City’s retirement systems: A dearth of women on the investment teams of the money managers vying for the city’s business.

Asset managers decried a pipeline problem, while women on college campuses knew little of the industry—or worse, had a negative view of it. Hingorani, who began her career as a T. Rowe Price analyst, set out to fix the problem, founding Girls Who Invest in 2015. The nonprofit built a 10-week summer program that teaches … Read More

Pandemic-inspired small-business loans expose inequities that must be fixed

When the pandemic struck just over a year ago and stopped our economy in its tracks, Congress responded with the largest small-business loan program in U.S. history.

When it concludes this May, the Paycheck Protection Program will have provided $784 billion in forgivable loans to nearly 4 million small businesses. Yet a shockingly small percentage of those loans have gone to Black- and Latinx-owned small businesses.

According to the U.S. Small Business Administration, which administers the PPP, of the 996,000 loans that included information on the borrower’s race, 71 percent of the money went to white-owned businesses. Only 12 percent

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Business Leaders Unite To Oppose Voting Restrictions

Major corporations, law firms, executives, nonprofits, and celebrities signed a new statement opposing voting restrictions in a two-page advertisement placed in The New York Times and The Washington Post on Wednesday.  Voting rights advocates and civil rights groups argue that the voting legislation advanced by Republicans in several states restricts ballot access and disproportionately affects voters of color. Amazon, Google, Apple, Blackrock, and Starbucks were among the corporations that signed

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Leading With DE&I In The Finance Function

Motivated to meet environmental, social, and governance (ESG) goals, as well as ethical principles, finance and accounting professionals are looking more critically at diversity, equity and inclusion (DE&I) within their organizations. They are asking questions about issues like social justice and equity, and thinking critically about who gets a seat at the leadership table and who does not.   

I recently spoke with Okorie Ramsey, Vice President of Sarbanes/Oxley at major health care consortium Kaiser Permanente. I discussed many issues with Okorie, all of them related to the theme

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Investing in These 2 Stocks Could Double Your Money, Say Analysts

So, you have decided it is time to get in on the investing game. Rest assured, you are not alone.

Since November, investors have parked $569 billion into global equity funds. For some context of how popular investing has become, this is far more than the total of the last 12 years – $452 billion flowed into stock-based funds between 2009 and 2020.

Is the investing frenzy another sign of a bubble? Not according to National Securities’ chief market strategist Art Hogan.

“There’s a certain amount of logic to markets right now,” Hogan noted. “It’s less about irrational exuberance in

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Justin Hoskin gets personal with ‘Invisible,’ his first original release | The Blender

Update: This concert has been rescheduled for June 11.

Justin Hoskin jokes that he has performed “every tribute known to man.”

His tribute shows, most often with the band the Movie, have honored the music of Prince, the Isley Brothers, Earth, Wind & Fire, Stevie Wonder, Luther Vandross, Mint Condition, D’Angelo and Maze Featuring Frankie Beverly.

Hoskin, a native of Collinsville, makes his Blue Strawberry headlining debut April 17 with a tribute to “blue-eyed soul,” a term used to describe white

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