Crypto Banking and Decentralized Finance, Announced

[ad_1] DeFi platforms are structured to become independent of their developers and supporters over time, and ultimately governed by a community of users whose strength comes from holding the protocol’s tokens. By comparison, centralized finance, or CeFi, is closer to traditional finance, or TradFi, where businesses enter into an agreement with a company like BlockFi …

Investment Banking Is Getting Less Popular With Young Professionals

[ad_1] When Vince Iyoriobhe joined Bank of America’s investment banking division as a rookie analyst in 2017, he planned to stay long enough to gain the experience needed to pursue his dream career entirely in another corner of finance, private equity. “I knew banking would be difficult,” said Mr Iyoriobhe, 26. But his attitude was: …