Hints and tips:
...Crucially, 61 per cent of its customers use Nu as their primary banking account. There’s big potential for cross-selling on digital fintech platforms....
...Active ETFs may account for only up to around 7 per cent of assets in ETFs, he said, but about a fifth of the inflows....
...Several countries have since halted funding to the agency and Israeli lender Bank Leumi closed one of its bank accounts....
...Foreign central banks are moving reserves to rival currencies, and buying gold at a record pace....
...The US Bureau of Labor Statistics predicts “little or no change” in the number of marine engineers and architects in the US between 2022 and 2032, while the job market for such careers in places like South...
...And a survey of US housebuyers commissioned by Redfin in December last year found that 12 per cent of first-time buyers planned to liquidate digital assets for a down payment — up from 5 per cent in the...
...America’s sanctions superpower flows from its control of the US dollar and rests on a multitude of institutions — from the US Treasury to clearing houses on both sides of the Atlantic....
...That was ahead of demand for any other currency, and marked a big increase from last year when no banks had considered boosting euro reserves....
...In the short term, analysts expect the giveaways to be financed by money-printing, which may boost monthly inflation that stood at 12.4 per cent in August....
...fact, that is exactly what Maduro was doing up until Venezuela’s US bank accounts were transferred to Guaidó)....
...Goldman Sachs is into it, Bank of America’s into it. All the Wall Street sellside people are into it and they’re like, well, zero-Covid has ended China’s reopening....
...One point in Grayscale’s favour in its latest filing is that vast numbers of US-listed ETFs already hold regulated, non-US securities, mostly in the form of equities and bonds....
...One Chicago trading firm appeared to account for no less than 12 per cent of Binance’s volume in October 2020....
...the US....
...Second, China’s GDP per capita was around US$12,800 in 2022, much lower than Japan in 1991 at US$29,470....
...depreciating currencies....
...No, they’ll put cash and deposits back with the Fed.” Among larger banks, Bank of America lost 5.8 per cent and Citigroup fell 7.5 per cent....
...The company in filings on Saturday estimated it had $564mn in bank balances after establishing the amounts held in 144 of the 216 bank accounts it had linked to FTX and more than 100 affiliated companies...
...“You wouldn’t normally show your bank account, but people do show their crypto wallets,” he said. “I’ve seen more crypto wallets in a year than I’ve seen bank accounts in a lifetime.”...
...JPMorgan Chase, Bank of America and Standard Chartered have also cut their projections, though all exceed the government’s official target of 5 per cent — its lowest in decades....
...This could help China challenge the US currency, says Oliver Ramsbottom, partner at McKinsey....
...She offered severance for both him and Gilbert if they gave back control of the bank accounts and walked away. Which sounded good to him. Four days later, the parallel universe board met over Zoom....
...Craig Coben is a former global head of equity capital markets at Bank of America and now a managing director at Seda Experts, an expert witness firm specialising in financial services....
...Signature Bank, the 30th-largest bank in America by assets, doesn’t advertise and operates just seven official bank branches....
...Local bank loan books have grown at a rate of some 12-15 per cent through the first half of 2022....
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