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4 mentions found


☆ America is doing retirement all wrong
  + stars: | 2024-12-11 | by ( Hannah Seo | ) www.businessinsider.com   time to read: +13 min
When we think of retirement, we often think of endless leisure and zero responsibility. Americans are doing retirement all wrong. Anqi Chen, a senior research economist at the Center for Retirement Research at Boston College, says people are addressing both by simply working longer. But returning to your old line of work is hardly the only way to stay emotionally and intellectually fulfilled in retirement. A lot of people have drawn their sense of purpose or identity from work, and they might want to continue doing so through jobs or volunteering in retirement, she says.
Persons: Russ Schmidt, Schmidt, that's, Otto von Bismarck, We're, Anqi Chen, they're, it's, Cascio, hasn't, Dee Cascio, they'd, would've, Eric Kim, Paul Draper, he's, Draper, —, Draper isn't, haven't, I've, Kim, Yochai Shavit, Shavit, They're, Hannah Seo Organizations: Netflix, Social Security, Center for Retirement Research, Boston College, Social, Mass Mutual, Research, Health, University of Michigan, University of British, Stanford Center Locations: Kansas, San Francisco, Sterling , Virginia, University of British Columbia, Korean, Canadian, Brooklyn , New York
☆ Embedded finance, FinOps, and treasury management are grabbing VC attention right now despite a collapse in fintech funding, investors say
  + stars: | 2023-08-29 | by ( Callum Burroughs | ) www.businessinsider.com   time to read: +6 min
Global VC fintech funding has been cut in half to $23 billion so far this year, per S&P data. Fintech startups focused on solving business issues have remained somewhat resilient. Globally venture capital funding to fintech companies dropped 49% year-on-year to $23 billion in the first half of 2023, according to S&P data. Within that, investment in consumer-facing fintech startups, such as banking and trading apps, has endured an even more torrid year, sliding by 73.8% to $1.9 billion in Q2. Insider spoke to four fintech investors who identified the areas within B2B fintech that are capturing their attention right now.
Persons: Khalil Hefaf, fintech, Hefaf, Uber, Banks, Alix Brunet, Europe's, Weavr, Griffin cofounders Allen Rohner, David Jarvis Griffin, Dan Chaplin, Kaushik Subramanian, Payrails cofounders Emre Talay, Orkhan Abudullayev, Nicolas Thouzeau Payrails, Chaplin Organizations: Target, Mass Mutual Ventures, Griffin, Dawn Capital, Treasury, Payrails, EQT Ventures, London, UBS Locations: Europe, digitize, London, Germany, Payrails
☆ How two of North America's richest families came together to fortify Greg Fleming's Rockefeller Capital Management
  + stars: | 2023-04-10 | by ( Hayley Cuccinello | ) www.businessinsider.com   time to read: +5 min
A firm owned by one of Canada's richest clans has invested $622 million in wealth firm Rockefeller. Two of North America's richest families have partnered up to invest in wealth management powerhouse Rockefeller Capital Management. The Desmarais family invested $622 million through the Power Corporation of Canada, the financial services conglomerate the family controls, for a 20.5% stake in Rockefeller Capital Management. Paul's son and deputy chairman of Power Corp., Andre Desmarais considered the late David Rockefeller Sr. as a mentor. Courtesy of Rockefeller Capital ManagementThe Desmarais family has worked with Rockefeller on big dealsRockefeller chief executive Fleming also has a two-decade-long relationship with the Desmarais clan.
☆ Why two of North America's richest families are coming together to fortify Greg Fleming's Rockefeller Capital Management
  + stars: | 2023-04-05 | by ( Hayley Cuccinello | ) www.businessinsider.com   time to read: +5 min
A firm owned by one of Canada's richest clans has invested $622 million in wealth firm Rockefeller. Two of North America's richest families have partnered up to invest in wealth management powerhouse Rockefeller Capital Management. The Desmarais family invested $622 million through the Power Corporation of Canada, the financial services conglomerate the family controls, for a 20.5% stake in Rockefeller Capital Management. Paul's son and deputy chairman of Power Corp, Andre Desmarais considered the late David Rockefeller Sr. as a mentor. Courtesy of Rockefeller Capital ManagementThe Desmarais family has worked with Rockefeller on big dealsRockefeller chief executive Fleming also has a two-decade-long relationship with the Desmarais clan.
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