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Category: Finance

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NBBF partners with a $1.2 billion Atlanta-based organization to accelerate wealth-building in black communities.

NBBF partners with a $1.2 billion Atlanta-based organization to accelerate wealth-building in black communities.

The Community Foundation for Greater Atlanta has announced a partnership to support the launch and growth of the National Black Bank Foundation (NBBF), whose Co-Founder and General Counsel is Ashley D. Bell (pictured). The Community Foundation is serving as fiscal sponsor of NBBF as it awaits its final IRS determination letter which will allow it to act...

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wall street's oldest black-owned investment firm makes history

Wall Street’s Oldest Black-Owned Investment Firm Makes History

Meet Eric Standifer, CEO and President of Blaylock Van LLC, Wall Street’s oldest continually operating Black-owned investment banking firm. Recently, the company served as one of four exclusively Black-owned broker-dealers to syndicate Citi’s $2.5 billion bond issuance. Blaylock Van also completed a $14 billion new issue debt transaction with Apple as one of five minority-owned underwriting...

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black owned bank to raise $10 billion in tech for underserved communities

Black-Owned Bank to Raise $10 Billion for Tech in Underserved Communities

Executives at Ingenious Financial have announced plans to raise $10 billion in capital to invest in unbanked and underserved communities. Darnell Parker, founder of Ingenious Financial, and Derek Taylor, Chief Operating Officer, say the $10 billion will fund the capital disbursement towards the following four initiatives: • $4 billion for the financial institution and holding company• $5...

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The government wants to start sending millions of Americans a check. Here’s how to use it wisely

The government wants to start sending millions of Americans a check. Here’s how to use it wisely

Some good news – in the form of money – may be coming to Americans soon. On Tuesday, Treasury Secretary Steve Mnuchin said that the Trump administration plans to move “immediately” to send money to Americans as the coronavirus cripples the economy. “Americans need cash now,” Mnuchin said, indicating checks could come in the next...

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4 Things You Absolutely Must Do in Your Salary Negotiation

4 Things You Absolutely Must Do in Your Salary Negotiation

Keep these tips on hand the next time you’re interviewing for a new job or angling for a raise. by Pavithra Mohan Countless job seekers and employees still struggle with negotiating salaries and advocating for themselves. But let’s say you’ve worked yourself up to asking for a higher salary. You could still be missing out...

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Too Many Americans Will Never Be Able to Retire

Too Many Americans Will Never Be Able to Retire

Without more babies and immigrants, the country won’t be able to support its aging population. by Noah Smith Traditionally, Americans could look forward to a comfortable retirement. After four decades in an office or a factory, sometime in their 60s they would lay down their burdens and enjoy a final couple of decades with time...

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