Finance

Don’t ignore “lockdown fatigue”, UK watchdog tells finance bosses

LONDON (Reuters) – Staff at financial firms in Britain are suffering from “lockdown fatigue” and their bosses are not always making sure all employees can speak up freely about their problems, the Financial Conduct Authority said on Monday.

FILE PHOTO: An empty table and chairs are seen in an office building in Canary Wharf, following the outbreak of the coronavirus disease (COVID-19), London, Britain, May 27, 2020. REUTERS/Dylan Martinez/File Photo

Many staff at financial companies have been working from home since Britain went into its first lockdown in March last year to fight the COVID-19 pandemic.

One year on, the

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We put our spendthrift neighbors in touch with our financial adviser. They called her ‘lousy.’ So how come WE are the ones who retired early?

My husband and I retired early. We were very frugal. Friends called us cheap. We prefer thrifty or frugal. We had no children, they had three kids; we rarely took vacations, they vacationed every year. Who deserves an annual vacation? There’s a reason why we retired early.

We always paid cash for our modest cars, but then drove our cars for 10 years or more. I don’t think they ever went two months without at least even one car payment.

We love our financial adviser, and our extravagant neighbors, keen to retire early like us, asked for her business card.

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There’s a hidden financial drawback to remote working

Employers across the country quickly embraced remote working when the COVID-19 pandemic began last year, and in many cases companies have suggested the new working arrangement was a success.

Remote working becoming the new normal was a godsend for many employees, particularly those who worked in major metropolitan areas along the coasts where the cost of housing was high. Suddenly, these workers seemingly had the freedom to work from anywhere — meaning they could move further out into the suburbs where larger homes are cheaper without having to necessarily worry about the burden of a long commute.

But new research

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Decentralized Finance Will Change Your Understanding Of Financial Systems

Authors: Benedikt Eikmanns, Prof. Dr. Isabell Welpe, Prof. Dr. Philipp Sandner

Decentralized Finance (DeFi) is likely to have a significant impact on how banks operate in the future – and even has the potential to shift the structure of the whole financial system at a macroeconomic level. Before we discuss and substantiate this hypothesis, we would first like to introduce the core concept of DeFi.

Decentralized Finance or “DeFi” in short, is an umbrella term encompassing the vision of a financial system that functions without any intermediaries, such as banks, insurances or clearinghouses, and is operated just by the power

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Ark Invest, Goldman org chat, CCIV

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Cathie Wood made a career betting on the future

cathie wood ceo ark invest profile 2x1



David McNew/AFP via Getty; ARK Invest; Patricia De Melo Moreira/AFP via Getty; Bitcoin; Samantha Lee/Insider


Cathie Wood, the founder of ARK Invest, has amassed legions of obsessed followers. Wood has become a favorite of the Wall Street Bets crowd, and successfully kept control of her firm. Now,

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Bitcoin Brokerage River Financial Raises $17M: SEC Filings

High-end bitcoin brokerage River Financial raised $17.3 million in a recent equity sale, according to documents filed with the U.S. Securities and Exchange Commission (SEC) Thursday.

Form D filings reveal two-year-old River aims to raise nearly $500,000 in additional funding for a total of nearly $17.8 million. The firm reported 34 backers in its latest filing but none of them were known at press time.

It was not immediately clear if the $17 million figure includes funds from the $5.7 million seed round River completed last July with backing from Castle Island Ventures, Slow Ventures and a slew of other

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