This message contains images. If you don't see images, click here to view.
Advertise in this news brief.




Text Version    RSS    Subscribe    Unsubscribe    Archive    Media Kit October 21, 2014

Home   About   Candidate Services   eLearning   Events/News   Membership   Students   Contact Us    

 



Big banks start charging clients for Euro deposits
The Wall Street Journal
Several global banks have begun charging large customers to deposit their money in euros, a rare move that could have costly implications for investors and companies that do business on the Continent. The actions are driven by policies from the European Central Bank, which in June became the largest central bank to impose a negative interest rate on deposits — meaning banks are paying to park their money with the ECB.
   Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE  


Advertisement


Marketing opportunities abound at the progressive networking luncheon
CFA Chicago
Join CFA Chicago on Wednesday, Nov. 12 for a progressive networking luncheon at Petterino's. The luncheon will feature a three-course meal, and attendees will switch tables after each course. Please bring at least 50 business cards, marketing materials to pass out, and prepare your two minute "elevator speech" about yourself.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Siegel: A long and storied career
CFA Chicago
Jeremy Siegel is the Russell E. Palmer Professor of Finance at the Wharton School of the University of Pennsylvania. In addition to being one of the most respected business school professors in the nation, Siegel has a long and storied career in finance, as well as highly-acclaimed books on investments. Join CFA Chicago for the Jeremy Siegel Distinguished Speaker Series, on Nov. 13. The event will be held from 12 p.m. - 1 p.m. at The University Club. Tickets will sell quickly, so register today.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


SPONSORED CONTENT


The ever-evolving landscape of Chinese banking
CFA Chicago
While Chinese economy has continued to grow at 7-8 percent per annum, Chinese finance is undergoing dramatic changes which are not yet widely understood. In response to the global financial crisis in 2008-2009, a flood of credit was created to underwrite robust investment growth. Recently to prevent fears of overcapacity, Chinese policymakers began to engineer an economic slowdown through restrictions on formal lending to reform and re-balance the economy towards consumption. However, to date, credit continues to fuel investment through the "shadow banking" sector. This rapid credit growth has raised concerns about future defaults and their macro impact on the Chinese and global economy. Join us on Nov. 19 as three veteran analysts of China's economy present both the facts and their differing opinions on the evolution of the Chinese shadow banking system.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Can financial advisers make their clients happy?
CFA Institute's Enterprising Investor
Financial advisers work with their clients to understand their goals and needs, then suggest investments that make sense in that context, and thereafter consult with them periodically to make sure everything is on track to realize those aspirations. That simple feedback loop can be a powerful force. Even professional investors who don’t believe it’s possible to beat the stock market will acknowledge the value that comes from dealing with an adviser and working towards well-defined goals and checking in over time.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


PRODUCT SHOWCASE
  Beyond Need for Speed

Watch Benjamin Van Vliet, Ph.D., Assistant Professor of Finance at IIT Stuart School of Business, discuss how successful high frequency trading firms look beyond speed by anticipating and embracing change as the proxy for opportunity. More info
 


Yellen: Greatly concerned by widening inequality
The Associated Press via Chicago Sun-Times
Federal Reserve Chair Janet Yellen sounded an alarm about widening economic inequality in the United States, suggesting that America’s longstanding identity as a land of opportunity was at stake. The growing gap between the rich and everyone else narrowed slightly during the Great Recession but has since accelerated, Yellen said in a speech at a conference in Boston on economic opportunity. And robust stock market returns during the recovery helped the wealthy outpace middle-class America in wages, employment and home prices.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Why the stock market's scary ride is a win for Chicago exchanges
Crain's Chicago Business
The capital markets' ups and downs may spook investors, but turmoil is good for Chicago's exchanges. CME Group Inc., which operates the biggest futures market in the world, said it recently had the biggest trading day ever in its 166-year history. The exchange said it shattered the prior record, with volume nearly 50 percent above the one set in May 2013. CBOE Holdings Inc.'s Chicago Board Options Exchange also neared its all-time daily record set in 2011.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


  FEATURED COMPANIES
T. Rowe Price
T. Rowe Price offers a range of funds that provide yield or the opportunity for capital appreciation - along with the confidence that comes from partnering with a global investment leader. MORE
Advertise here!

To find out how to feature your company in the CFA Society Chicago NewsBrief and other advertising opportunities, Contact Geoffrey Forneret at 469-420-2629.
MORE


The Midwest is on track for its strongest year in startup investing as 'the rest' rises
TechCrunch
As the most populous city in the region, it’s no surprise that Chicago is the fastest growing hub in “Silicorn Alley” in the development of its investment ecosystem. In the first eight months of 2014 Chicago saw $6 billion in exits through public offerings and sales, including the recent sales of TrunkClub to Nordstrom, and Apartments.com to CoStar Group. But beyond the windy city, startups are cropping up across the Midwest’s silicon plains.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Volatility unlikely to alter Fed's policy course
The New York Times
The Federal Reserve is watching carefully as financial markets bounce around, but the likely course of monetary policy remains the same, officials have said in recent public comments and interviews. The Fed still intends to finish its bond-buying campaign at the end of the month. And it is still likely to start raising interest rates in mid-2015, although it now seems a little less likely that the Fed would act sooner, and more likely it would wait longer.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Jeremy Siegel: Dow 18,000 still possible
CNBC
Despite the wild swings in the market recently, Wharton School finance professor Jeremy Siegel is sticking to his call that the Dow Jones industrial average could hit 18,000 by the end of the year, with a caveat. "[Dow] 18,000 is a little bit further away than a few weeks ago. I still think it is possible by year end. Of course, short-run predictions have a wide variability," Siegel said in an interview with CNBC's "Closing Bell."
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


FEATURED ARTICLE
MOST POPULAR ARTICLE
TRENDING ARTICLE
Big banks start charging clients for Euro deposits
The Wall Street Journal
Several global banks have begun charging large customers to deposit their money in euros, a rare move that could have costly implications for investors and companies that do business on the Continent. The actions are driven by policies from the European Central Bank, which in June became the largest central bank to impose a negative interest rate on deposits.

Share on FacebookTwitterShare on LinkedinE-mail article
read more
CME's agreement with China Financial Futures Exchange provides significant opportunity
Forbes
CME Group and the China Financial Futures Exchange recently announced that they have signed a strategic agreement which enables the Chicago-based exchange operator to to distribute CFFEX market data outside mainland China.

Share on FacebookTwitterShare on LinkedinE-mail article
read more
Nobel Laureate Myron Scholes on the Black-Scholes option price model
CFA Institute's Enterprising Investor
Larry Cao, CFA, sat down with Nobel Laureate Myron Scholes in Shanghai in August, and the two had a great chat. This is the first part of a two-part series. In this installment, Scholes shares his perspectives on the Black–Scholes option pricing model, from the motivation and intuition of the original formula to the myriad of extensions.

Share on FacebookTwitterShare on LinkedinE-mail article
read more


How to explain alternative investments to clients
Investment News
Advisers who have decided it's time to move clients — or more of them — into alternative investments need to use careful language and context to explain to clients why they should want these investments in their portfolios. "We need to simplify the way we talk about alternatives to clients and move away from Wall Street-speak," Walter Davis, an alternatives investment strategist for Invesco Ltd., said at the InvestmentNews Alternative Investments Conference in Chicago.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Top investors, strategists take pummeling in Wall Street sell-off
Reuters via Chicago Tribune
Some of Wall Street's top names are licking their wounds as October lives up to its reputation as one of the market's roughest months. The Standard & Poor's 500 index has now lost almost 8 percent in the past three-and-a-half weeks , wiping out almost all of the gains achieved earlier in 2014. What seemed like another good year for investors in U.S. equities is now fraught with uncertainty, with $1.3 trillion in S&P companies' market value disappearing.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    CME's agreement with China Financial Futures Exchange provides significant opportunity (Forbes)
Nobel Laureate Myron Scholes on the Black-Scholes option price model (CFA Institute's Enterprising Investor)
The evolution of the Chinese shadow banking system (CFA Chicago)
The US dollar can't save the world (Money News)
Siegel: 'Stocks for the Long Run' (CFA Chicago)

Don't be left behind. Click here to see what else you missed.
 



CFA Society Chicago NewsBrief

Colby Horton, Vice President of Publishing, 469.420.2601
Download media kit

Samantha Emerson, Content Editor, 469.420.2669  
Contribute news


Be sure to add us to your address book or safe sender list so our emails get to your inbox. Learn how.

This edition of the CFA Society Chicago NewsBrief was sent to ##Email##. To unsubscribe, click here. Did someone forward this edition to you? Subscribe here — it's free!

Recent issues

Oct. 14, 2014
Sept. 30, 2014
Sept. 9, 2014
Aug. 26, 2014






7701 Las Colinas Ridge, Ste. 800, Irving, TX 75063