Hints and tips:
...They aren’t risky; there was only $139mn of credit loss allowances against employee loans as of the last 10-K....
...JPMorgan Asset Management’s effort is actually quite good — an online and updated guide you can explore....
...When he moved back, he got to know Widmer, then head of Credit Suisse’s private bank....
...As ever, drop me a note at sid.v@ft.com if you’ve got thoughts and ideas for upcoming Future of Money newsletters....
...But the company has faced an increasingly vocal backlash from critics who claim that its credit offering encourages younger consumers to take on unsustainable debt, and regulators in several countries including...
...Born in 1932, Young was the elder son of his Lithuanian flour merchant father who had grown up in the UK....
...Plays directed by antiwar theatre directors still run but with their names excised from the credits....
...Mackay, to his credit, warned his readers to watch out for fraudsters and opportunists....
...“Card schemes already enable credit cards issued in one market to be used with merchants located in another market,” while fintechs, governments and central banks are also pursuing cross-border networks,...
...When Musk in 2018 was looking to take Tesla private at $420 per share, he first tapped Goldman to help guide his bid....
...Founded in 2012, the company’s products are used by around 4mn small merchants across 34 countries....
...Tom’s Guide reviewed it when it first became available in the US and found some limitations....
...A similar debate is growing around the buy now, pay later sector — which offers interest-free, short-term credit....
...Instead, you could pay with a debit or credit card — perhaps with chip and pin, but more likely today with a contactless tap....
...The bank’s current business model is a far cry from the original plan for a monoline credit card company, following the model of Capital One in the US....
...Doing deals with companies like Bank of America, which has such a large merchant profile, gives us access to that side of the network....
...An alternative, Risc-V, has gained a foothold, with Intel announcing its support this month....
...We started by offering working capital for merchants to grow their businesses and extra credit for customers to increase their consumption....
...response to potential cyber attacks,” said the company....
...Kelleher will end his role as senior adviser to Gorman to take on the UBS position....
...Reach out to us at imani.moise@ft.com or sid.v@ft.com....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...[MUSIC PLAYING] Sebastian Payne Welcome to Payne’s Politics, your central insider guide to Westminster from the Financial Times with me, Sebastian Payne....
...Courtney claims his book, commissioned for the company’s 250th anniversary in 2008, was never published because Urrshila objected that “‘I do all the work and Peter gets all the credit.’”...
...Smart reads Acquired taste The Michelin restaurant guide, which has been around since the 1900s, is seen as a bible in the culinary world....
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