The UK’s Financial Conduct Authority is facing allegations that its auction process for a bond data project was unfair because of a technical issue and conflict of interest https://t.co/BWZuMWBLwR ...

Anciens Huang | Moment | Getty ImagesWhen you're hiring a financial advisor, it's crucial to understand how that professional gets paid.To consumers, it may seem like a simple question to ask — but the answer isn't necessarily straightforward.About 36% of consumers don't know how they pay for a savings or investing relationship with a financial firm, according to a 2023 Hearts & Wallets survey. Another 20% said they think their financial service is free.Many of those clients are likely mistaken, although so ...

Core Insights - Rapido, an Indian ride-hailing platform, has doubled its valuation to $2.3 billion following a secondary share sale by Swiggy, indicating strong market interest and growth potential [1][3] - Swiggy has sold its entire 12% stake in Rapido for ₹24 billion (approximately $270 million), with Prosus acquiring about 10% of the stake for ₹19.68 billion (around $222 million) and WestBridge Capital purchasing the remaining stake for ₹4.31 billion (about $49 million) [2] - The valuation increase reflects a significant rise from Rapido's previous valuation of $1.1 billion in September 2024, as confirmed by its CEO [3] Company Developments - Rapido has recently entered the food delivery market in Bengaluru through a pilot program operated by its subsidiary Ownly, marking a strategic move into a sector dominated by Swiggy and Zomato [4] - The partnership with Swiggy as a last-mile delivery provider has allowed Rapido to gain insights into customer demand and operational challenges faced by restaurants [5] - Swiggy had previously indicated a potential conflict of interest regarding its stake in Rapido due to Rapido's entry into food delivery, leading to the decision to sell its stake [6] Market Implications - The impact of Rapido's new food delivery business on established players like Swiggy and Zomato remains uncertain, as it is still early to assess the competitive dynamics [7]

Steve Witkoff Steve Witkoff, the real estate investor who serves as Donald Trump’s special envoy for peace missions, sold an interest in his eponymous real estate management company for $120 million to resolve potential conflicts of interest, according to a financial disclosure released Saturday. The document doesn’t show whether it’s been approved by ethics officials at the White House, and its release comes months after financial disclosures were made public for members of Trump’s team whose tenure sta ...

Do you wonder at this early stage in the second term how much Trump is making. Over $3 billion already from that New Yorker journalist's account. And today we have fresh revelations that Trump is also investing over 100 million in bonds this year.Interestingly, since January when he took on, of course, this job. The bonds are bundles of debt and they relate to federal policy. NBC reports Trump began the buying spree right after he was sworn in. Trump began the bond buying spree one day after being sworn in ...

Trump Says ‘Highly Conflicted’ Intel CEO Should Resign ‘Immediately’—After Senator Probes China Ties https://t.co/2SfedYHilc ...

Trump Says ‘Highly Conflicted’ Intel CEO Should Resign ‘Immediately’—After Senator Probes China Tieshttps://t.co/dwY7BJvfKx https://t.co/sba2m89DlG ...

Goldman is now planning for their new analyst class this year to start implementing a rule where now every 3 months they have to for conflict of interest rules of course tell Goldman whether they have already accepted a job offer from elsewhere whether they've lined up a new opportunity outside the firm which could potentially pre present some problems some headaches maybe they're going to be working on a deal for a private equity company um that they're about to join but their bosses don't know that yet. T ...

(图片由豆包AI生成 提示词档案揭秘） 一个超过50页，逾万字的交互式报告，揭露了OpenAI从非营利研究实验室演变为营利巨头的全过程。 近期，由两大非营利科技监督组织——Midas Project与Tech Oversight Project——联合发布了一份名为《OpenAI档案》的深度调查报告。 该报告由Midas Project执行董事Tyler Johnston主导，历时近一年的公开信息收集与一个月的集中撰写。报告被称为"迄今为止，针对OpenAI在公司治理实 践、领导层诚信及组织文化方面，已记录在案的担忧的最全面汇编"。 通过梳理公司披露文件、法律诉讼、公开信及媒体报道等大量公开资料，这份超过一万字的交互式报告发现， OpenAI正在系统性地、有预谋完成了从"为人类 谋福祉"到"为投资者谋利润"的根本性转变，CEO奥特曼存在长期、有据可查的言行不一、操纵信息和规避监督的行为模式，且个人投资与公司业务的深度捆 绑。OpenAI在安全和透明度方面言行不一，其公开承诺与内部实践严重脱节。 报告分为四大主题，一是重组、二是首席执行官诚信、三是透明度和安全性、四是利益冲突。 其中，OpenAI高管和董事会成 ...

Kohl’s canned its chief executive — hired just four months ago — after an investigation showed that he violated the retailer’s conflict of interest policies, the company said on Thursday.Ashley Buchanan directed Kohl’s to “engage in vendor transactions that involved undisclosed conflicts of interest,” the company said.Kohl’s audit committee oversaw an investigation led by an outside law firm which found that Buchanan had not disclosed the vendor relationships that were deemed inappropriate and for which he ...