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Porsche Board Member’s Advice for Aspiring CFO Directors

Photo via Melissa Di Donato

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Family Offices Need Governance, but Not All of Them Have It

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Why Some Banks Are Blocking AI Access

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JUST FOR FUN

Boom.

Flying into LAX on July 4pic.twitter.com/qFPa0Bik2S
— Massimo (@Rainmaker1973) July 8, 2024

Photo via Behnam Tofighi/UPI/Newscom

Energy

Middle East Oil Flows Surpass Prewar Levels, but Don’t Bet on Price Drops

Preliminary estimates suggest regional flows hit roughly 24 million barrels per day last week, passing the prewar 23.3 million.

2 min read
Photo via Jimin Kim / SOPA Images/Sipa USA/Newscom

Banking

The Big Three Investment Banks Feed Hedge Funds’ AI-mbitions

The five biggest investment banks have already beaten last year’s record for equity trading revenue by about $7 billion, per CNBC.

2 min read

Photo via NYCPA

CFO Upside

NYCPA CEO Says Accounting Needs a New Lesson Plan

Calvin Harris Jr. explains how AI is changing accountants’ training and why the profession needs to tell a better career story.

3 min read
Photo via imageBROKER/McPHOTO / Dirk Skorski/Newscom

ETF Upside

IRS, Treasury Cast Doubt on Dividend-Skipping ETFs’ Future

Next week, there will be one less ETF in the dividend-avoiding category, though it’s unclear if its closure was influenced by an IRS notice.

2 min read

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