Electronic banking, the digital economy, and now coronavirus means an increasingly cashless society. The notes and coins in our pockets are being rapidly replaced by contactless bank cards and mobile phone payments. But not everyone in England is comfortable with the technology. Al Jazeera’s Paul Brennan reports from Essex, where many want to stick to … Read more Will England become a cashless society?
Jul.29 — Jes Staley, chief executive officer of Barclays Plc, discusses recent volatility in financial markets, investment banking market share, and efforts to improve diversity. He speaks on “Bloomberg Markets: European Open” after the London-based bank’s securities division reported a 60% gain in foreign-exchange, rates and credit trading revenue as the aftermath of the coronavirus … Read more Barclays CEO Staley on Trading Revenue, Market Share, Volatility
If the coronavirus outbreak roars back in New York City, Anil and Joyce Lilly will not be sheltering again in their Bronx apartment. They just bought a house an hour north in the Hudson Valley. “I think the pandemic really caused the glue to hold the commitment we had to Manhattan to fall away, because … Read more Coronavirus: Why Some Are Leaving New York For Good After Covid-19
China’s Ant Group says it seeks to dual list in Shanghai and Hong Kong. Alibaba’s fintech arm is seeking a valuation of more than 200 billion U.S. dollars. Ant Group is the parent company of China’s most popular mobile payment platform AliPay. The world’s highest-valued fintech company, bigger than WeChat Pay and Apple Pay today, … Read more Ant Listing in HK, Shanghai: Part of Chinese IPO Bandwagon?
In this episode of the Keiser Report, Max and Stacy discuss the TikTok generation targeting Trump with coordinated trolling campaigns as teen rebel against his politics and his plans to ban their favorite platform. They also discuss the exorbitant privilege of the US dollar driving migration as well as the ‘chart of truth’ suggesting this … Read more Keiser Report | Generation TikTok Targets Trump | E1566
A surge of arrivals to Queensland face waits at the border, a day after the state lifted coronavirus travel bans on most interstate visitors. A major police operation continues to screen arrivals including at the busiest border crossings at the Gold Coast, where tourism operators are banking on an influx of New South Wales school … Read more Queensland venues and tourism operators hopeful for the future | ABC News
Speaker of the House Nancy Pelosi applauded the Supreme Court’s decision to uphold the Manhattan district attorney’s demand for Trump’s tax returns by By 7-2 votes. Pelosi said the Supreme Court rulings “related to the President’s financial records is not good news for President Trump.” The Supreme Court issued a mixed verdict Thursday on demands … Read more Pelosi: SCOTUS Decision on Trump’s Financial Records Shows ‘He’s Not Above the Law’
Bitleague is a commission-free banking service for digital currencies. The TC Top Picks program showcases outstanding early-stage startups across these categories: AI/Machine Learning, Biotech/Healthtech, Blockchain, Fintech, Mobility, Privacy/Security, Retail/E-commerce, Robotics/IoT/Hardware, SaaS and Social Impact & Education. TechCrunch is a leading technology media property, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech … Read more Bitleague | Disrupt Berlin 2019
Jun.30 — Keith Skeoch is stepping down as head of Standard Life Aberdeen Plc, the latest high-level departure from the asset manager that has struggled since its creation in a 2017 merger. He’ll be replaced by Stephen Bird, Citigroup Inc.’s former head of global consumer banking. Chairman Douglas Flint discusses the management change in an … Read more Standard Life Aberdeen Shakes Up Ranks by Replacing CEO Skeoch
June witnessed two giant U.S.-listed Chinese firms carrying out secondary offering in Hong Kong, after e-commerce conglomerate Alibaba Group pioneered the practice in November last year under the new listing regime of the city. Experts who are dedicated to investment banking, securities analysis and IPO legal procedures said the recent “homecoming” cases are just the … Read more Decoding ‘Homecoming’: Secondary offering trend of U.S.-listed Chinese companies
Jun.23 — Indonesian Finance Minister Sri Mulyani Indrawati says Indonesian officials are discussing with the central bank how best the monetary authority can share the burden of funding the government’s fiscal response to the coronavirus pandemic. She speaks at the Bloomberg Invest Global Summit. (Excerpt.)
Jun.22 — Blackstone Group Inc. Chief Executive Officer Stephen Schwarzman expects a “big V” economic rebound on optimism about an eventual Covid-19 vaccine and a banking industry that is emerging strong from the crisis. He speaks with Bloomberg’s Jason Kelly during the Bloomberg Invest Global 2020 virtual conference.