Exclusive: Macquarie leapfrogs Goldman to join top tier of commodity banks

(Courtesy of  Reuters.com) LONDON (Reuters) - Australia’s Macquarie Group Ltd has overtaken Goldman Sachs to break into the top three banks for commodities business, having significantly expanded its U.S. energy operations in recent years while rivals cut back. The rise of Macquarie marks a huge shake-up in commodity banking, typically dominated by elite U.S. and … Continue reading Exclusive: Macquarie leapfrogs Goldman to join top tier of commodity banks

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The Equifax Data Breach: What to Do

(Courtesy of the Federal Trade Commission) If you have a credit report, there’s a good chance that you’re one of the 143 million American consumers whose sensitive personal information was exposed in a data breach at Equifax, one of the nation’s three major credit reporting agencies. Here are the facts, according to Equifax. The breach … Continue reading The Equifax Data Breach: What to Do

Why smart financial professionals are embracing blockchain and cryptocurrencies

(Courtesy of Jacksonville Business Journal) Blockchain is a game-changer for professionals in financial services. Ignoring it would be like clinging tenaciously to your abacus in the face of computers armed with electronic spreadsheets in the early ’80s. This smart, decentralized, trusted and highly-encrypted network is already changing the face of business for financial professionals. Now … Continue reading Why smart financial professionals are embracing blockchain and cryptocurrencies

National Commerce Corp. talks FirstAtlantic acquisition

(Courtesy of Jacksonville Business Journal) National Commerce Corporation (Nasdaq: NCOM), the Alabama-based parent company of the National Bank of Commerce, held a conference call with investors Thursday about its definitive agreement to acquire Jacksonville-based FirstAtlantic Financial Holdings, Inc.(OTCQX: FFHD), parent company of FirstAtlantic Bank. "We're very excited about the FirstAtlantic management team, the franchise they … Continue reading National Commerce Corp. talks FirstAtlantic acquisition

Local credit union gives $250,000 for FSCJ programs

(Courtesy of Jacksonville Business Journal) Jacksonville-based First Florida Credit Union committed $250,000 to Florida State College at Jacksonville for a speaker series and skills academy. The FSCJ Business Speaker Series and the college's Financial Skills Academy will be funded by the credit union over five years. Enlarge First Florida Credit Union gave $250,000 to FSCJ. … Continue reading Local credit union gives $250,000 for FSCJ programs