Simply Finance

Car Dealers Investigated for High Interest Rates, Atlanta Approves Financing for Affordable Housing

Car dealerships under investigation for high interest rates. Atlanta takes steps towards affordable housing. Plus, Brazil's finance minister pushes for taxing the super-rich internationally. Also, the University of Pittsburgh publishes an ESG report on fossil fuel divestment.Sources:https://www.theguardian.com/business/article/2024/may/30/fleecing-the-man-off-the-street-car-dealers-investigated-over-high-interest-rateshttps://www.11alive.com/article/news/local/invest-atlanta-board-approves-finances-over-400-affordable-housing-units/85-3f74109e-6624-4de8-89a4-a4a24febf89ahttps://www.lemonde.fr/en/economy/article/2024/05/30/brazil-s-finance-minister-taxing-the-super-rich-is-both-an-emergency-and-a-necessity_6673093_19.htmlhttps://pittnews.com/article/188609/featured/pitt-office-of-finance-publishes-esg-report-for-fiscal-year-2023/Outline:(00:00:00) Introduction(00:00:42) ‘Fleecing the man off the street’: Car dealers investigated over high interest rates(00:03:49) Invest Atlanta Board approves finances for over 400 affordable housing units(00:06:22) Brazil's finance minister: 'Taxing the super-rich is both an emergency and a necessity'(00:09:05) Pitt Office of Finance publishes ESG report for fiscal year 2023

Tax Incentives for Local Firms, Widening Gender Pay Gap in Finance, Hong Kong vs Singapore Competition, and Consumer Advocacy Triumph

South Korea's finance chief hints at tax incentives for local firms. The gender pay gap in finance widens, calling for action. Hong Kong makes a case for being more attractive than Singapore. A finance company comes to the rescue of two viewers. Stay informed on these important finance stories with Simply Finance.Sources:https://business.inquirer.net/461149/s-korea-finance-chief-hints-at-tax-incentives-for-local-firmshttps://www.euronews.com/business/2024/05/29/women-in-finance-falling-behind-as-top-earners-as-uks-gender-pay-gap-widenshttps://www.scmp.com/news/hong-kong/article/3264487/hong-kong-more-entrepreneurial-open-and-diverse-singapore-finance-chief-paul-chan-tells-ushttps://www.azfamily.com/2024/05/29/update-finance-company-says-two-valley-viewers-wont-have-pay-12k-flooring-bill/Outline:(00:00:00) Introduction(00:00:42) S. Korea finance chief hints at tax incentives for local firms(00:03:09) Fewer women in finance are top earners as UK gender pay gap widens(00:07:15) Hong Kong is more entrepreneurial, open and diverse than Singapore: Paul Chan(00:10:12) Update: Finance company says two Valley viewers won’t have to pay $12K+ flooring bill

Power Finance Corporation Shares Surge, Technology Enhances Islamic Finance Traceability

Power Finance Corporation shares hit a new peak for the third day in a row. Islamic Financial Services Board says technology could make Islamic finance traceability even more secure. Plus, Finance Minister Aurangzeb and US envoy discuss the economy. Also, live blog on Bajaj Finance share price for May 28, 2024.Sources:https://www.livemint.com/market/stock-market-news/pfc-share-price-power-finance-corporation-shares-hit-new-peak-for-third-day-in-a-row-more-steak-left-11716873656459.htmlhttps://www.cnbc.com/video/2024/05/28/financial-standard-setting-board-discusses-islamic-finance.htmlhttps://www.dawn.com/news/1836111https://www.livemint.com/market/live-blog/bajaj-finance-share-price-today-latest-live-updates-on-28-may-2024-11716863652227.htmlOutline:(00:00:00) Introduction(00:00:44) PFC share price: Power Finance Corporation shares hit new peak for third day in a row. More steak left?(00:02:47) Fina­nce Minister Aurangzeb, US envoy discuss economy(00:05:20) Bajaj Finance Share Price Live blog for 28 May 2024

CCEP Appoints New CFO, Hong Kong’s Green Finance Opportunity, G7 Concerns Over China’s Overcapacity, WHO’s Innovative Financing Mechanism

Coca-Cola Europacific Partners names Ed Walker as new finance chief. Hong Kong has a golden opportunity to lead Asia's net-zero mission through green finance. G7 finance chiefs express concerns about China's industrial overcapacity. The World Health Organization unveils a finance mechanism to raise $7 billion for global health crises. Stay informed about these key financial developments and their implications for companies, economies, and global health initiatives.Sources:https://www.esmmagazine.com/a-brands/ccep-names-ed-walker-as-new-finance-chief-266134https://www.finextra.com/blogposting/26239/green-finance-is-hong-kongs-golden-opportunity-to-lead-asias-net-zero-missionhttps://www3.nhk.or.jp/nhkworld/en/news/20240526_02/https://www.firstpost.com/world/who-unveils-finance-mechanism-to-raise-7-billion-for-global-health-crises-13775400.htmlOutline:(00:00:00) Introduction(00:00:40) CCEP Names Ed Walker As New Finance Chief(00:02:58) Green finance is Hong Kong’s golden opportunity to lead Asia’s net-zero mission(00:05:45) G7 finance chiefs express concerns about China's industrial overcapacity(00:08:48) WHO unveils finance mechanism to raise $7 billion for global health crises

SRG Housing Finance Reports Impressive Q4 Results, Egypt Launches Innovative Property Tax System

SRG Housing Finance's Q4 results show a 45.65% YoY increase in profit. Egypt collaborates with eTax and e-finance to launch an innovative property tax system. Plus, G7 finance chiefs express concerns about China's industrial overcapacity and G7 finance ministers back a plan to use Russian assets for Ukraine funding.Sources:https://www.livemint.com/companies/company-results/srg-housing-finance-q4-results-live-profit-rise-by-45-65-yoy-11716670654699.htmlhttps://www.dailynewsegypt.com/2024/05/26/egypt-launches-innovative-property-tax-system-in-collaboration-with-etax-e-finance/https://www3.nhk.or.jp/nhkworld/en/news/20240526_02/https://www.pravda.com.ua/eng/news/2024/05/25/7457612/Outline:(00:00:00) Introduction(00:00:43) SRG Housing Finance Q4 Results Live : profit rise by 45.65% YOY(00:03:37) Egypt launches innovative property tax system in collaboration with eTax, e-finance(00:06:16) G7 finance chiefs express concerns about China's industrial overcapacity(00:09:42) G7 finance ministers back plan to use Russian assets for Ukraine funding

Financial Challenges Await Next Government, Manappuram Finance Reports Strong Q4 Results

The Institute for Fiscal Studies warns about the state of public finances hanging over the election campaign. Manappuram Finance reports a significant jump in net profit for the March quarter. Fair4All Finance urges the financial services sector to reshape the credit market to combat illegal lending. The Union Finance Ministry highlights the challenges of commodity price volatility. Stay informed about the financial landscape and the performance of key players in the finance sector with Simply Finance.Sources:https://www.bbc.com/news/articles/c100n7djyr6ohttps://www.moneycontrol.com/news/business/earnings/manappuram-finance-q4-results-net-profit-jumps-36-to-rs-562-crore-12731530.htmlhttps://thefintechtimes.com/fair4all-finance-urges-financial-services-sector-to-reshape-credit-market-to-stop-illegal-lending/https://www.deccanherald.com/business/commodity-price-volatility-presents-substantial-challenges-finmin-3037787Outline:(00:00:00) Introduction(00:00:44) Finances a 'dark cloud' hanging over election campaign, says IFS(00:03:44) Manappuram Finance Q4 results: Net profit jumps 36% to Rs 562 crore(00:06:12) Fair4All Finance Urges Financial Services Sector to 'Reshape Credit Market' to Stop Illegal lending(00:09:23) Commodity price volatility presents ‘substantial’ challenges: Finance Ministry

UBS Job Cuts in NJ, Inflation’s Impact on Finances, Hong Kong Cancer Centre Acquisition, and Red Wing Nursing Home Closure

UBS becomes the latest bank to announce job cuts in New Jersey. A Federal Reserve study reveals the negative impact of inflation on financial situations. Former finance chief Antony Leung's firm acquires a Hong Kong cancer centre. A nursing home in Red Wing, Minnesota, is set to close due to financial problems and disrepair. Simply Finance covers these stories to provide insights into the challenges faced by the finance sector, the consequences of inflation on everyday Americans, innovative developments in healthcare, and the implications of nursing home closures.Sources:https://www.northjersey.com/story/news/business/2024/05/23/ubs-latest-bank-to-make-nj-job-cuts-as-finance-sector-shrinks/73820452007/https://www.pymnts.com/consumer-insights/2024/fed-study-two-thirds-of-adults-say-inflation-made-financial-situation-worse/https://www.scmp.com/business/china-business/article/3263850/former-finance-chief-antony-leungs-new-frontier-buys-hong-kong-cancer-centre-it-eyes-expansionhttps://www.startribune.com/its-finances-and-facility-in-shambles-red-wing-nursing-home-will-close-in-july/600368264/Outline:(00:00:00) Introduction(00:00:47) UBS latest bank to announce NJ job cuts as finance sector shrinks(00:04:06) Fed Study: Two-Thirds of Adults Say Inflation Made Financial Situation ‘Worse’(00:06:59) Ex-finance chief Leung’s firm buys Hong Kong cancer centre as it expands in GBA(00:09:24) Its finances and facility in shambles, Red Wing nursing home will close in July

Navigating GDPR Compliance Costs, Supreme Court Victory for CFPB, and Unveiling a Cutting-Edge Finance Lab

Learn about the financial challenges of GDPR compliance and the impact on companies. Explore the potential consequences of the Supreme Court victory for the Consumer Protection Finance Bureau. Discover the state-of-the-art Haushalter Finance Lab at Ohio Northern University and the evolving roles of CFOs. Stay informed on the latest developments in finance and regulatory landscape.Sources:https://the-cfo.io/2024/05/23/gdpr-at-6-the-e746-million-pinata-for-finance-chiefs/https://j.st/58Trhttps://j.st/58Trhttps://j.st/58TrOutline:(00:00:00) Introduction(00:00:43) GDPR Impact on Finance: Navigating Compliance Costs and Strategic Challenges(00:04:21) Could the Consumer Protection Finance Bureau (CFPB)’s Victory in the Supreme Court Last Week Boomerang to Disempower the Bureau and Invalidate its Regulations? Not if the Case is Read Carefully and Properly: A Response to Professor Hal Scott’s Wall Street Journal Op-Ed(00:07:24) Could the Consumer Protection Finance Bureau (CFPB)’s Victory in the Supreme Court Last Week Boomerang to Disempower the Bureau and Invalidate its Regulations? Not if the Case is Read Carefully and Properly: A Response to Professor Hal Scott’s Wall Street Journal Op-Ed(00:10:12) Could the Consumer Protection Finance Bureau (CFPB)’s Victory in the Supreme Court Last Week Boomerang to Disempower the Bureau and Invalidate its Regulations? Not if the Case is Read Carefully and Properly: A Response to Professor Hal Scott’s Wall Street Journal Op-Ed

SWIFT gpi Revolutionizes Global Finance, Volcafe Secures $60M Trade Finance Facility

Discover the transformative impact of SWIFT gpi on global finance. Volcafe receives $60 million in funding for a trade finance facility. Stay informed about the future of international payments, improved cash flow, and sustainable practices in the agricultural sector.Sources:https://www.theglobaltreasurer.com/2024/05/22/what-is-swift-gpi-and-how-will-it-impact-global-finance/https://www.gcrmag.com/volcafe-receives-60-million-in-funding-for-trade-finance-facility/https://www.theglobaltreasurer.com/2024/05/22/what-is-swift-gpi-and-how-will-it-impact-global-finance/https://www.theglobaltreasurer.com/2024/05/22/what-is-swift-gpi-and-how-will-it-impact-global-finance/Outline:(00:00:00) Introduction(00:00:36) What is SWIFT gpi and How Will it Impact Global Finance?(00:03:11) Volcafe receives $60 million in funding for trade finance facility(00:06:20) What is SWIFT gpi and How Will it Impact Global Finance?(00:09:36) What is SWIFT gpi and How Will it Impact Global Finance?

Visa’s Innovation in Finance, Investor Call to Action for a Green UK, Noqood Finance Empowers SMEs, and Students Advocate for Financial Literacy

In this episode, Simply Finance covers a range of topics including an exclusive interview with Visa on the future of AI in finance, the investor call to action for a green and competitive UK, Noqood Finance's license to support SMEs in Egypt, and high school students advocating for financial literacy education. Stay informed on the latest developments in the finance industry and the transformative power of innovation, sustainability, and education.Sources:https://thefintechtimes.com/the-beginning-of-ai-and-embedded-finance-in-conversation-with-visa-at-the-dubai-fintech-summit/https://www.businessgreen.com/news/4210200/investors-urge-policymakers-unlock-finance-green-competitive-ukhttps://www.dailynewsegypt.com/2024/05/21/noqood-finance-granted-final-licence-to-bolster-smes/https://www.boston25news.com/news/local/we-dont-get-taught-personal-finance-local-students-push-more-education-money-matters/HXNZKNJZ3BHWVMUNEAGUDM633M/Outline:(00:00:00) Introduction(00:00:40) 'The Beginning of AI' and Embedded Finance: In Conversation With Visa at the Dubai FinTech Summit(00:03:07) Investors urge policymakers to unlock finance for a 'green and competitive UK'(00:06:18) Noqood Finance granted final licence to bolster SMEs(00:08:40) ‘We don’t get taught personal finance’: Local students push for more education on money matters