Freelancing is becoming a larger part of the skilled workforce. Upwork’s Future Workforce Index found that skilled freelancing grew from 28% of skilled knowledge workers in 2025 to 38% in 2026. As more people take on independent work, more freelancers are signing client contracts without a legal background. The right contract can protect your pay,…
August employment report brings mixed blessings for the U.S. economy. U.S. employers added a robust 162,000 jobs in August, signaling an employment rebound, even as finance-sector jobs declined, according to the Bureau of Labor Statistics’ latest Employment Situation Summary. The sectors with the most job growth were leisure/hospitality (62,000 jobs), government (35,000 jobs), private education/health services…
Combining finances does not have to mean combining every dollar. For many couples, the better arrangement is a shared financial layer: both people know how household bills are being handled, both contribute toward common goals, and both can still keep some spending and accounts separate. A household money system is simply a set of rules…
Home Banking People on the Move: EIF, Barclays, Standard Chartered, and Julius Baer This article appears in the September 2026 issue of Global Finance Magazine. Jean-Christophe Laloux, EIF The European Investment Fund (EIF) has appointed Jean-Christophe Laloux as its next CEO, effective Jan 1. He will succeed Marjut Falkstedt, who plans to retire. Laloux currently…
The self-employed tax problem is not a new one. Independent contractors, consultants, freelancers, and 1099 workers across every industry have long faced a common challenge: without an employer to withhold taxes on their behalf, self-employed individuals are responsible for estimating their own tax liability, organizing their records, and making timely payments throughout the year. Without…
Erin Piacenti, 32, died following an unprovoked attack in Midtown Manhattan on Monday, police said. NEW YORK—Erin Piacenti, a 32-year-old Bank of America vice president, was killed Monday in a Times Square stabbing that left another person injured. “We are shocked and deeply saddened by the tragic loss of our colleague. She was a valued…
It’s not necessary that every borrower will be able to satisfy a bank’s standard mortgage checklist. Conventional underwriting is designed for a specific type of borrower—one with a steady paycheck, who can produce two years of tax returns, and has a clean credit history. Unfortunately, millions of financially stable freelancers, investors, and retirees are denied…
As Head of Group Transaction Banking at Raiffeisen Bank International (RBI), I have witnessed how European exporters navigate an increasingly complex global trade environment. With over 30 years of experience in cash management and transaction banking, I have come to view success in international business as a function of resilience, digital readiness, and the right…
In many instances, Ponzi schemes appear quite legitimate, at least initially, particularly for novice investors looking for safe and consistent investments. But, in addition to their promises of reliability and stability, these schemes are structurally flawed. “Ponzi schemes function based on appearance, not substance,” explains Scott Silver, an experienced Ponzi Scheme Law attorney at Securities…
Home Awards Award Winners Best Treasury and Cash Management Banks 2026 | Latin America Inflation and other pressures are placing greater demands on the region’s treasurers. They expect their banks to provide enhanced services. Across Latin America, the treasury landscape is evolving rapidly as CFOs demand greater real-time liquidity, automated risk mitigation, and strategic data…