Online broker TD Ameritrade in $4bn takeover of rival Scottrade October 24, 2016 TD Ameritrade has agreed a $4bn (£3.2bn) deal to acquire Scottrade Financial Services, bringing together two online brokerage giants. Under the deal, TD Ameritrade’s biggest shareholder, Toronto-Dominion Bank (TD Bank), will acquire Scottrade’s online bank for $1.3bn in cash. Read more: Interactive Investor in takeover to form UK's second largest online broker Immediately after that [...]
Half of employees want workplace to take them back to school on finances October 24, 2016 Brits are routinely left scratching their heads over how best to save their money, and they're calling on their employer to help out, research released today has found. Just under half (46 per cent) of workers want their employers to offer them financial education, while a similar proportion (49 per cent) feel their workplaces could do [...]
Here are 10 traits which will make you more likeable at work October 24, 2016 We all know the workplace isn't a personality contest – but being liked at the office can make those hard days a little easier… Now a survey by job site CV-Library has put together the 10 traits which make people most likeable at work. Oddly, "baking cakes" doesn't seem to feature (and nor, crucially, does [...]
As a standalone product, the Lifetime ISA is of little use to Londoners October 24, 2016 If it sounds too good to be true, it probably is, as the old adage goes. If someone offered you free money, the first thing you’d ask is: “what’s the catch?” So when the government says it’s willing to give you up to £1,000 a year, for up to 32 years, it’s certainly worth taking [...]
Three tips to avoid a messy divorce when changing career October 24, 2016 There might be 50 ways to leave your lover, but if you’re leaving one job and joining a competitor, there is a very careful path you need to steer in order to avoid an expensive and damaging dispute. There is a natural desire to impress your new boss with your knowledge, contacts and ability to [...]
CommuterClub’s co-founders talk desk dividers and the future of mobility October 24, 2016 We sat opposite each other and, although there was a barrier between us (a physical desk divider) we’d work late into the night and bounce ideas around,” says Petko Plachkov, co-founder of travel payment plan firm CommuterClub. He’s describing working at fintech legend Clive Cowdery’s firm, the Resolution Group, with his co-founder, Imran Gulamhuseinwala. “I joined [...]
Meet Ernest: The free financial coach that sits in your Facebook October 24, 2016 When I was at BlackRock, I spent a lot of time on tech that was designed to improve return on investment for people who already had a lot of money,” says Niall Bellabarba, co-founder of Ernest, the intelligent finance coach. “So my starting point was that the man on the street doesn’t have access to [...]
We’ve only seen the start of how fintech can transform the world October 21, 2016 Fintech in some ways created the blueprint for the way in which innovative startups can disrupt a seemingly unmoveable industry. But as the players in the Digital Innovators list demonstrate, the fintech innovation story is far from done. The latest breed of fintech startups focus on improving our experience of financial products in all sorts [...]
The digital media innovators of tomorrow are taking disruption to the next level October 21, 2016 When Jill Lepore, critiquing Clayton Christensen's The Innovator’s Dilemma in the New Yorker, queried his theory of disruptive innovation ("disrupt, and you will be saved"), some commentators felt she had a point. But a theory of change proposed by Christensen back in 1997, the idea that companies will fail if they do not disrupt themselves, [...]
