Big Banks Are Copying From Private Credit's Playbook
Wall Street has lost out on billions in fees as direct lenders lured away corporate borrowers. The future of their businesses depends on how they adapt.
Stay updated with breaking news from Dan Toscano. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Wall Street has lost out on billions in fees as direct lenders lured away corporate borrowers. The future of their businesses depends on how they adapt.
The University of Connecticut Board of Trustees made an ambitious — and surprising — step toward sustainability on Wednesday, Oct. 25, when the board unanimously approved a statement committing UConn to carbon neutrality by 2030 and carbon zero by 2040, according to The Daily Campus.
'UConn’s future depends on all of us working together'
New UConn president Radenka Maric will be paid a base salary of $631,350 annually, about 20 percent more than her predecessor, but will not benefit from the controversial provision that has left the s...
Corporate America and businesses in general have put a much greater focus on leadership diversity in recent years. While those efforts have yielded mixed results, one industry has seemed to fare better than many others in promoting diversity within its top ranks: higher education. And it’s a trend that surfaced even before the May 2020 murder by police of George Floyd, which put a spotlight on racial inequities and forced companies and other organizations to take a hard look at their diversity, equity and inclusion efforts.