Barron’s Seeks Nominations for 2021 List of 100 Most Influential Women in U.S. Finance

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Barron’s is now accepting nominations for the second annual Barron’s 100 Most Influential Women in U.S. Finance list.

The deadline for submissions is Dec. 31, 2020.

With this list, Barron’s seeks to identify and honor women who have achieved positions of prominence and influence within the financial services industry and organizations that support it, and are positioned to lead the industry in the future.

Nominations may be submitted using the form below, which also provides more information about the project and judging procedures.

Nominees must be based in the U.S. and working in fields including:

  • Investment banking
  • Trading
  • Investment research
  • Money management (including institutional investment firms, mutual funds, hedge funds, private-equity funds, venture-capital funds, pensions, and endowments)
  • Family offices
  • Brokerage firms
  • Financial advisory firms
  • Stock exchanges
  • Financial regulation, policy, and advocacy
  • Key advisory services to these industries

Nominees will be assessed by a Barron’s editorial panel for accomplishments and leadership within their organization, influence within their sector or industry, and capacity to shape their business and industry in the years ahead.

Any individual or organization can submit multiple nominations. Confidential nominations are also accepted. The Barron’s editorial panel might conduct additional research on nominees and their businesses, and contact nominators and nominees for more information to support a nomination.

The complete 2021 list of Barron’s 100 Most Influential Women in U.S. Finance will be published in late winter or early spring.

The 2020 list of Barron’s 100 Most Influential Women in U.S. Finance is available here.

Please email questions about the list to [email protected]

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Saudi Arabia seeks to resolve Qatar crisis as ‘gift’ to Joe Biden

Saudi Arabia has stepped up its efforts to resolve its more than three-year dispute with Qatar after US president Donald Trump’s election defeat, according to people briefed on the talks.

The move to end the Gulf states’ blockade of their gas-rich neighbour is being perceived as an attempt by Crown Prince Mohammed bin Salman to curry favour with the incoming Biden administration and deliver a parting present to Mr Trump.

Prince Mohammed, the kingdom’s de facto leader, forged close ties with the Trump White House and the president stood by the crown prince as Riyadh grappled with its worst diplomatic crisis in decades after Saudi agents murdered Jamal Khashoggi two years ago. But the incoming administration of president-elect Joe Biden is expected to be far cooler towards the young royal who has drawn widespread criticism from Democrats over the killing of Khashoggi, Saudi Arabia’s war in Yemen and the detention of scores of activists, businessmen and senior royals.

“This is a gift for Biden,” said an adviser to Saudi Arabia and the United Arab Emirates. He added that Prince Mohammed “feels like he’s in the line of fire” after Mr Biden’s election victory and wants a deal with Qatar to “signal he is willing and ready to take steps”.

Ali Shihabi, a Saudi analyst close to the royal court, said the Saudi leadership had for months been “open to put this issue to bed”. “For some time, they have been working on closing many hot files and clearly this is one,” he said.

The Qatar dispute is thought to be one of the more tractable issues for Prince Mohammed to resolve.

Saudi Arabia, the UAE, Bahrain and Egypt cut diplomatic and transport links with Qatar in June 2017, alleging that Doha sponsored Islamist groups and was too close to Iran.

Qatar, the world’s richest nation in per capita terms, denied the allegations and all sides have until now refused to make concessions, resisting Washington’s pressure to resolve the crisis. The Trump administration has been concerned that the dispute weakens the Arab alliance it has sought to forge against the Iran and is frustrated that Tehran benefits financially as the embargo has meant flights to and from Qatar are forced to use Iranian airspace.

The latest talks were being mediated by the US and Kuwait with the aim of laying the foundations for direct negotiations between Riyadh and Doha, said a diplomat briefed on the talks.

Qatar wants to ensure there are preconditions before any bilateral talks. These could include a “confidence building” measure such as the lifting of the air embargo, the diplomat said. Another possibility would be to allow free movement of Qatari citizens to the countries that imposed the embargo, although Doha would want guarantees about their welfare.

Robert O’Brien, the US’s national security adviser, said this month that he hoped to see Qatar Airways being able to fly over boycotting Arab countries “in the next 70 days” before the end of Mr Trump’s presidency.

The adviser

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In new UN role, ex-CNN journalist seeks to end abuse of women and girls

NEW YORK (Thomson Reuters Foundation) – Former CNN correspondent Isha Sesay planned to begin her new role as a Goodwill Ambassador for the United Nations Population Fund (UNFPA) with a visit to Nigeria and Haiti – canceled due to the coronavirus pandemic.

Instead, the British journalist and author listened remotely to stories from women and girls, from midwives to abuse survivors, in Yemen, Ukraine, Somalia and Sierra Leone.

“We did a global virtual tour,” she told the Thomson Reuters Foundation this week from her home in Los Angeles.

“It’s not the same as being there and sitting side by side but …. it will have value.”

UNFPA, the U.N.’s sexual and reproductive health agency has warned of COVID-19’s catastrophic impact on women and girls, with a surge in domestic violence, child marriage and female genital mutilation (FGM).

“In this moment of COVID and the pandemic, and seeing its impact on women and girls, there’s really a need to amplify efforts to draw attention to gender-based violence and harmful practices,” said Sesay, who was announced as ambassador on Wednesday.

“I think we can achieve a great deal together.”

Sesay has a strong record as a girls’ rights advocate, leading CNN’s Africa reporting for more than a decade and winning the Peabody Award in 2014 for its coverage of Boko Haram’s kidnapping of more than 200 Nigerian schoolgirls in Chibok.

In a welcoming statement, UNFPA Executive Director Natalia Kanem called Sesay “a gifted storyteller who has used her platform to elevate the voices of some of the world’s most marginalized women and girls”.

Sesay left CNN in 2018 and wrote “Beneath the Tamarind Tree”, a book about her experiences reporting on the Chibok girls, and founded W.E. (Women Everywhere) Can Lead, a non-profit supporting girls’ education in Sierra Leone.

The newly minted U.N. ambassador grew up in Sierra Leone, where her mother Kadi Sesay was a government minister, as well as an FGM survivor, and one of her grandfather’s wives was a traditional cutter.

FGM, which affects 200 million girls and women globally, involves the partial or total removal of the external genitalia and can cause bleeding, infertility and death.

Gender-based violence is growing exponentially as the pandemic stretches on, Sesay said, with UNFPA estimating that every three months of lockdown could result in 15 million more cases of domestic abuse than would normally occur.

“It’s really important for people to understand that the scale and impact of COVID is so much greater than what we can see at first glance,” she said.

“There is an urgency to this moment.”

Reporting by Ellen Wulfhorst. Editing by Katy Migiro. Please credit the Thomson Reuters Foundation, the charitable arm of Thomson Reuters, that covers the lives of people around the world who struggle to live freely or fairly. Visit news.trust.org

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Foundation Seeks Donations For Annual Police Gift Card Program

Press release from the Cleveland Police Foundation:

Nov. 9, 2020

As the holiday season approaches, the Cleveland Division of Police encounters folks who are in need of food, clothing, housing and good cheer.

For years, the Cleveland Police Foundation (CPF) has collected gift cards from various establishments—restaurants, grocery stores and markets, retail and shopping centers. The concept is to help bring Cleveland residents closer to the police officers who protect them. The Foundation turns these gift cards over to Cleveland police officers in all districts for distribution to deserving families and individuals.

“There are several ways you can help the police and their communities,” said Grant Dinner, Cleveland Police Foundation board chairman, “The first is through the donation of gift cards. Your cash donations are also welcome. In a recent year, a single generous donor provided a major gift to underwrite this campaign.”

According to Dinner, the Cleveland Police Foundation will pick up gift cards to simplify the donation process for campaign supporters. Cash donations can be made on the CPF website at www.clevelandpolicefoundation.com .

“Community engagement and positive interactions with citizens are two things that are extremely important to the men and women of the Cleveland Division of Police,” said Cleveland Police Chief Calvin D. Williams. “The gift card program has been successful in years past, allowing our officers to bring joy and assistance to members of our community during the holiday season. We appreciate the assistance from the donors who make this program possible.”

More information about this fundraising campaign can be found at www.clevelandpolicefoundation.com or by contacting CPF Executive Director Rick DeChant at 216-536-6776. Please note that the Cleveland Police Foundation is a registered 501(c) (3) non-profit organization with both the IRS and the State of Ohio, so your donation is tax-deductible.

About the Cleveland Police Foundation
The Cleveland Police Foundation is an alliance of business and civic leaders, law enforcement organizations and individuals committed to the ideal that an educated, well-trained and modernly equipped law enforcement agency leads to a safer community. Our mission is to strengthen the bonds between the Cleveland Division of Police and the citizens it serves, working together to make our city safer. To accomplish this goal, the CPF works proactively to support and invest in programs, community policing initiatives and events that foster stronger relationships between citizens and police officers and police charities. The Cleveland Police Foundation was incorporated July 7, 2005 and is a recognized 501(c) (3) organization. All contributions are tax deductible. For more information, visit www.clevelandpolicefoundation.org or email [email protected]


This press release was produced by the Cleveland Police Foundation. The views expressed here are the author’s own.

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Exclusive: Ferragamo family explores stake sale as stars’ shoemaker seeks to recover shine

By Pamela Barbaglia and Claudia Cristoferi

LONDON/MILAN (Reuters) – The family owners of Italian fashion house Salvatore Ferragamo <SFER.MI> have held informal talks with investors to sell a minority stake in their holding firm as they scramble to turn around the brand famous for shoes worn by Hollywood stars such as Audrey Hepburn, five sources told Reuters.

The company’s chairman Ferruccio Ferragamo, son of late founder Salvatore, approached investors in September, offering a roughly 20% stake in the holding vehicle that controls the Milan-listed business, banking and private equity sources said on condition of anonymity as the matter is confidential.

A spokeswoman for the company – which has a market value of 2 billion euros ($2.4 billion) – denied that the Ferragamo family planned to sell the stake or had met investors.

The sources told Reuters the family is in the preliminary stages of testing market appetite, and that a deal might face resistance from investors since the Italian shoe dynasty is unwilling to relinquish any governance control.

Shares in Ferragamo spiked 11% and were automatically halted from trading after Reuters first reported on the talks.

After trading resumed the stock was up again 8.73% at 1600 GMT.

The Florentine leather goods brand saw its revenue plunge 60% in the second quarter of the year, piling pressure on its family members – who control 65% in total – to turn around the business.

“They have been calling around for a few months, targeting both private equity investors and sovereign wealth funds for a minority deal,” one of the sources said.

A stake sale to cash-rich investors would help the company cope with the fallout of the COVID-19 crisis and resolve internal disagreements over the turnaround strategy, allowing some of its family members to cash out, the sources said.

Yet, with the luxury industry worldwide facing a major revenue hit from COVID-19, which first emerged in China – home to more than a third of global luxury shoppers – luring investors may be a struggle.

The reluctance of the family to cede any governance control could make a deal less attractive for private equity funds who could alternatively buy more liquid shares on the market, the sources said.

“Most investors would demand a big discount or at least some governance control to buy directly into the family holding rather than on the market,” one of the sources said.

Some sovereign wealth funds such as Singapore state investor GIC and Temasek, as well as the Qatar Investment Authority (QIA), are also being targeted as possible long-term partners, the sources said.

Temasek teamed up with Dufry’s chairman Juan Carlos Torres in 2016 to buy a stake in the family holding of Italian luxury firm Moncler.

FAMILY DYNASTY

Founded in Florence in 1927, Ferragamo was listed on the Milan stock market in 2011 but the family kept a tight grip on the company.

Salvatore Ferragamo, the eleventh of fourteen brothers, was born in a poor southern Italian village in 1898. As a

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ENAM seeks submissions of wedding dress portraits

Ellen Noel Art Museum curator Daniel Zies is seeking submissions to complete an exhibit set to open in December. “Betrothed: 250 Years of Wedding Fashion” from the Steven Porterfield Collection will be on display starting Dec. 3.

Zies is asking members of the community to lend family wedding portraits for the exhibit.

The exhibit draws on the extensive collection of Porterfield, a clothing expert and historian, and will showcase the fashion trends of the past two centuries.

To be considered for the exhibit, email a digital photo, a short history and dimensions of the frame to Zies at [email protected], before Nov. 1.

The final photos will be chosen by Porterfield. Photos that are selected must be framed and ready to hang.

The exhibit is limited to 40 portraits.

Comic book workshop

ENAM is having a comic book illustration workshop 1:30-3:30 p.m. Saturday. Odessa artist Mike Kennedy will teach participants to create their own superhero and draw in a comic book-illustration style

The workshop is for those 16 and older. Advance registration is $25.

Facemasks are required.

For more information, visit noelartmuseum.org.

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