Theoretically, defragmentation of a super-fragmented system (there are 30,000 banks in the world) is possible with two systems only, vertical or horizontal, namely payment systems or Bitcoin respectively
Sabine Heubner, in The Family in Roman Egypt*, describes how parents in second and third century Roman Egypt were expected to “feed and clothe their children, watch over their moral development, celebrate their coming of age, provide their sons with
John Cryan and Jürgen Fitschen, Co-CEOs of Deutsche Bank, sent out the following message to the Bank’s employees on April 28, 2016
The plan has been pioneered by the 30-year-old Deputy Crown Prince Mohammed bin Salman, the second in line to the King, who has emerged as one of the most powerful figures in the Saudi government.
Call me sad, but news that the OECD would today issue a statement on tax and Brexit gave me a sense of eager anticipation. We even delayed publication of this Tax Brief to study and interpret the results of the OECD’s work. So much anticipation&hell
With the start of May just days away, should investors heed the old adage to ‘Sell in May and go away, don’t come back till St. Leger Day’, which advocates selling out of the stock market for the summer months?
John Wood of J O Hambro, and fund manager of the St. James’s Place’s General Progressive fund believes that large multinational companies may have their headquarters in London but “their performance is not driven necessarily by what happ
This particular intern is a millennial, a generation that some have suggested is entitled, self-centred and adverse to hard-work.
o there is another reason why Europe isn’t growing and it’s one the central bank can do nothing about. Namely, the 19 governments of the Eurozone and the super-state in Brussels have essentially outlawed it
This sustained improvement mirrors the state of the US labour market. Participation rates, which measure the active portion of the economy, edged up to 63.0% in March, according to US Bureau of Labor Statistics data.
UBS clients in regions including Brazil, Russia, the Middle East and Asia, reacting to losses in stock markets or businesses exposed to energy prices, sat out the turbulent second half of 2015 and yanked a net 3.2 billion Swiss francs ($3.3 billion) in as