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...Thames Water is on the brink of financial collapse after being hit by higher interest rates on its £18bn debt. Southern Water is also under close watch over its financial stability by regulator Ofwat....
...of Discover’s Pulse electronic payments network....
...The FTSE 100 group has a network of about 4,800 advisers at roughly 2,600 partner firms that manage money and give financial advice to clients, receiving a cut of the advice fees these clients pay....
...It has argued that the tie-up would produce a stronger competitor among card networks. Discover’s is the smallest after Visa, Mastercard and American Express....
...The letter, seen by the Financial Times, said professional journalism required funding “and advertising is a key revenue stream for many publishers”....
...In an interview with the Financial Times, Thompson likened the shift to digital platforms such as YouTube as an “existential question” in the next decade....
...Crucially, Poste Italiane kept its post office network and financial services, unlike Royal Mail. Chief executive, and former JPMorgan banker, Matteo Del Fante has used both to good effect....
...Like crypto itself, decentralisation leans heavily on the language and ideas from the computer industry about the most efficient way to organise networks, but it is applied to financial services....
...Large parts of the rail network have been taken back into the control of the state because of poor performance or financial problems....
...The case highlights how even people who have studied for advanced business degrees can be vulnerable to financial frauds and to the use of marketing techniques that prey on alumni networks....
...Transferring money from bank accounts requires a network of money mules to disperse transactions rapidly across multiple accounts....
...ATM network operator Link estimates that 5mn people use it daily in the UK....
...it is open to allowing mergers in the telecoms sector in Europe, a development that would support an industry lacking the scale to boost ageing infrastructure, in a confidential draft paper seen by the Financial...
...Equally important is having strong community links and a clear social purpose, beyond financial returns....
...US secretary of state Antony Blinken said Wednesday’s sanctions were directed at Hamas and its support network, not Palestinians....
...A statement on its website said it had worked with the SBU to expose the network....
...With so much sensitive financial and personal information stored in the cloud, as digital banking has become widely adopted, data breaches have become a leading concern for financial groups, says Simon Crocker...
...An overzealous financial regulator must not hold game-changing technology hostage....
...“We appreciate the decision by the Emir of the State of Qatar to enable the release and homecoming of these nationals,” India’s ministry of external affairs said on Monday....
...Telecom Italia’s biggest shareholder, French conglomerate Vivendi, opposes the network sale....
...When the bill comes due, Capital One Financial will need to show it has the funds....
...However, his extraordinary longevity in the post stored up problems for the bank, current and former staff told the Financial Times....
...Fees are set by the payment network operators, Mastercard and Visa, as a percentage of each transaction and can be as high as 3 per cent....
...The company told the Financial Times it was sticking with direct-to-consumer sales for Onvo and refused to comment on the reports....
...Capital One’s $35.3bn proposed takeover of Discover Financial Services would fuse two leading credit card lenders and give it control of a network that connects consumers, merchants and banks....
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