Women who are senior managers in the UK public sector are likely to be disproportionately affected by the government’s spending cuts…article

William Haefeli

Amy Hood has always talked straight to her bosses, even when she disagrees.  And she is warm and open to investors.  She is the new CFO of Microsoft.  Article

As regulators in Europe and the US force banks to return to banking, other institutions are picking up the slack.  Lisa Abramowicz at Bloomberg reports.

Whats in it for you

Today’s women are strong economic contributors to the society. They increasingly choose to work in the organised sector, set up small to large-scale businesses or co-operative self-help groups, all contributing to their family’s income and to the nation’s GDP. With economic freedom comes responsibility of financial planning. A woman tends to save, which is her natural predisposition, yet she is not on par with men when it comes to creating wealth…article  

Yahoo! Inc. has recorded $273 million in gains resulting from steps taken to guard against swings in the Japanese yen that can affect the value of its Asian operations.

After using forward contracts to lessen foreign-exchange risk related to its stake in Yahoo Japan Corp., the company had a pretax gain of $270 million in the first quarter of 2013 and $3 million for last year, Sunnyvale, California-based Yahoo said in a regulatory filing today.  Article

Even though, or perhaps because big shareholder Warren Buffett backs Jamie Dimon, others are calling for at least a role reduction for him.  Article

5/13/2013.  JP Morgan stock will decline by 10% if Jamie Dimon leaves, it is reported.  If he is stripped of the chairmanship, he will leave, say others.  Is Jamie Dimon indispensable?  Perhaps not, but no one is in line for his position.  Ummmmm.

5/16/2013  Only the board can see the ongoing results of shareholder voting.   Shareholder and pension fund opposition to Dimon’s dual role is clear: Can a CEO supervise himself as a board member?  Blankfein of Goldman Sachs advising DImon.

The idea makes intuitive sense and could, in principle, help channel investment to productive economic activity. There’s much debate, though, over whether it can work in reality. Well- known economists have supported a transactions tax. Others of equal prominence have countered that it would be likely to lower equity prices, drive trading across borders and possibly increase market volatility.  Now many European countries are going to begin taxing trades.  Article

Sex Discrimination Commissioner Liz Broderick likes to impart a little pearl of wisdom to women: that a man is not a financial plan…article