Banks lent £1.9tn linked to ecosystem and wildlife destruction in 2019 – report

Wednesday, 28 October 2020, 01:01:28
Lack of policies regulating impact on natural world means finance industry effectively bankrolling biodiversity loss, analysis finds The world’s largest investment banks provided more than $2.6tn (£1.9tn) of financing linked to the destruction of ecosystems and wildlife last year, according to a new report. Led by Wall Street giants Bank of America, Citigroup and JP Morgan Chase, 50 top investment banks provided financial services to sectors driving mass extinctions and biodiversity loss worth more than the GDP of Canada in 2019, the analysis found. Continue reading…
— The Guardian

The best travel rewards credit cards of October 2020

Tuesday, 27 October 2020, 20:17:00
Summary List Placement The best travel rewards credit cards: Best overall: Chase Sapphire Preferred® Card Best travel card with a high annual fee: Chase Sapphire Reserve® Best for beginners: Capital One® Venture® Rewards Credit Card Best for luxury perks: Platinum Card® from American Express Best for dining rewards and benefits: American Express® Gold Card Our favorite airline card: Delta SkyMiles® Platinum American Express Card Our favorite hotel card: Hilton Honors American Express Aspire Card While it takes more work to use points or miles compared to cash back , the upside is that you can get much more value for your points compared to receiving cash back. For example, Business Insider’s David Slotnick got almost 6 cents per point when he used Chase Ultimate Rewards to book a first-class flight to Japan . In this guide, we’re focusing on the best travel credit cards that earn transferable points — points such as American Express Membership Rewards and Chase Ultimate Rewards that you can transfer to airline and hotel loyalty programs.
— Business Insider

Bank of Hope review: Low APYs and high minimum deposits, but stands out for its community services and college scholarship programs

Tuesday, 27 October 2020, 19:20:00
Summary List Placement Bank of Hope (Member FDIC) has branches in eight US states, and it focuses on programs and college scholarships for low- to moderate-income members of the community. You might like banking with Bank of Hope if you want to work with an institution that gives back to its community, but most of its bank accounts come with high minimum deposits and low interest rates. The Bank of Hope mobile app doesn’t have many reviews, and the existing reviews are relatively poor; if banking on your phone is important to you, then you might not like Bank of Hope. The bank’s strongest banking product may be its CDs, which offer terms as short as one month and charge low early withdrawal penalties. See Business Insider’s picks for the best CD rates » Bank of Hope is a brick-and-mortar bank in eight US states, with the bulk of its branches in California. Bank of Hope has several programs set up to help members of its community, including donations toward homeownership and affordable housing for people in low- to moderate-income areas and a college scholarship program.
— Business Insider

Druckenmiller Warns Electoral ‘Blue Wave’ Will Hurt Stocks Long-Term, Gold Will Be Higher

Tuesday, 27 October 2020, 18:55:00
Druckenmiller Warns Electoral ‘Blue Wave’ Will Hurt Stocks Long-Term, Gold Will Be Higher Tyler Durden Tue, 10/27/2020 – 13:55 Late on Sunday we were among the first to observe that ” Odds Of A “Blue Wave” Tumble, Hammering Risk. ” And BofA was worried , because since online odds still have a Biden victory as virtually assured, the reason for the slide in the chart above is the sudden surge in doubt that Democrats will wrest control of the Senate . Only without the Senate, the key anchor of the “stimulus” and “reflation” trades is gone. In fact, according to BofA the only scenario worse than a Trump presidency and a Democratic Congress (which results in Stagnation), is a Biden presidency and a GOP Senate, which would lead to Deflation. This is how the bank described this particular scenario: President Biden + Republican Senate = Bearish Gridlock If Republicans retains the Senate they are very likely to block further stimulus under a Democratic President, which BofA says would be bearish for economic growth, corporate profits and financial markets (but it would be bullish for more stimulus from the Fed).
— Zero Hedge

How to nail a big media interview, according to a PR veteran whose clients include Andrew Yang, Mike Bloomberg, and the family of George Floyd

Tuesday, 27 October 2020, 17:36:18
Summary List Placement The right media opportunity can help executives position themselves as thought leaders, generate buzz for their businesses, and attract potential investors. But connecting with a reporter is only the first step toward reaping the benefits of press coverage — the rest requires careful preparation. Corporate communications and PR veteran LaToya Evans has worked for big-name brands like Cisco, IBM, Philips, Walmart, and Bank of America, and now runs her own public relations and marketing firm with high-profile clients including 2020 presidential candidates Andrew Yang and Mike Bloomberg, the Joe Biden-Kamala Harris ticket, and the family of George Floyd and their new foundation . She shared the specific ways someone can prepare for a big media interview — whether for a podcast, print article, or on-camera appearance — without the help of a PR or communications team. Research the interviewer The goal of researching your interviewer should be to make sure the reporter has covered topics relevant to your business or expertise.
— Business Insider