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Financial innovation |
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Financial innovation |
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The Citigroup Foundation and the National Community Capital Association (NCCA) announced a new three-year, $375,000 initiative to promote financial innovation and education that increases economic opportunities in emerging domestic markets in all 50 states. in the 1980s and 1990S, financial innovation, deregulation, global capital market expansion and technological change saw the emergence of what was termed the "super CFO," who was not simply an accountant but a deal maker, team builder, performance manager and fiscal disciplinarian rolled into one. Financial innovation has improved the measurement and management of risk and holds substantial promise for much greater gains ahead. |
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