Investing and Finance

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Think tank explains why it’s ‘pointless’ to delist Chinese companies from U.S. stock markets

U.S. and China flags along Pennsylvania Avenue in Washington, D.C. on Jan. 17, 2011.
Andrew Harrer | Bloomberg | Getty Images

Delisting Chinese companies from U.S. stock exchanges is “a pointless drive” that will neither deny those firms access to American capital markets nor hurt China’s growth, according to a report by think tank Peterson Institute for International Economics.…

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Loop Capital CEO says diversifying his workforce has been easy: ‘I focus on talent’

Loop Capital Chairman and CEO Jim Reynolds told CNBC on Thursday that building a diverse team has not been a challenge for the Chicago-based investment bank. 
“I have found it so amazingly easy to recruit minority candidates — African American, women — and promote them very easily because I focus on talent,” Reynolds said on “Halftime Report.” …

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Wall Street is under pressure over its lack of diversity

Protestors and police officers clash for the second morning in a row on July 1, 2020 in New York City following a budget vote. (Photo by David Dee Delgado/Getty Images)
David Dee Delgado | Getty Images

A global corporate reckoning that began in the United States after the killing of George Floyd has prompted industries long dominated by White males, such as the financial sector, to rethink diversity.…

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