Hints and tips:
...Financial markets may have hit the buffers last year, but this did make one type of investment a lot more popular: buffered exchange traded funds....
...Rathbones holds two US companies that should benefit from the rising demand for more sustainable buildings: Owens Corning, which provides building insulation; and Advanced Drainage Systems which is focused...
...Email me your thoughts at sid.v@ft.com. Latest news Amy Kazmin in Rome has a fascinating piece on why Giorgia Meloni is pushing back on Italy’s shift to digital payments....
...The UK’s Payment Systems Regulator is to probe the card charges imposed by Visa and Mastercard, focusing on the post-Brexit jump in processing fees and cross-border transaction levies....
...A version of this article was first published by Nikkei Asia on February 14 2023. ©2023 Nikkei Inc. All rights reserved....
...In a June letter to the regulator, Nasdaq encouraged the SEC to shift away from mandatory reporting and institute a “comply or explain” system instead....
...Only 60 per cent of workers in south-east Asia are estimated to have bank accounts, Naik said, but ecommerce in the region is growing quickly as more consumers gain access to the financial system....
...Let us know what you think at imani.moise@ft.com and sid.v@ft.com. A programming note: FintechFT will take a one-week break in observance of the Easter holiday. The next issue will be April 25....
...It has pledged to fortify its risk management systems....
...The 55-year-old company is synonymous with credit cards, but its business is best described as the plumbing that supports much of the global payments system....
...Olaf Scholz said the affair had revealed that Germany’s system of financial regulation “needs to be reorganised”. 2....
...Capital requirements absorb the blow Fears for the global financial system peaked in mid-March when the $20tn market for US government debt seized up, leading some to envisage a repeat of the bank collapses...
...As the pandemic’s financial toll became clear, though, her communications included the grim news that the company would have to shed more than 400 of its 8,000 people....
...You don’t have to be Thomas Piketty to recognise that inequality poses a significant risk to the global system as it stands....
...Today, it acts as the central nervous system for many of the largest players in the investment management industry — and, as the Financial Times has discovered, for several huge non-financial companies....
...Here’s Haegeli: We have never had so much liquidity pumped in the system...Unlike the 2007/08 financial crisis, the banking system doesn’t need to be repaired, meaning [the] money [created by the central...
...Yet non-profits remain sceptical of efforts — notably by Japanese megabanks like Mizuho Financial Group, Sumitomo Mitsui Group and Mitsubishi UFJ Financial Group — and point out loopholes, including the...
...But speaking at the Financial Times’ inaugural Future of Asset Management conference in New York last week, Mr Wiedman said the UK’s departure would cause the European financial system to become more fragmented...
...K&L Gates has added David Owen as counsel to its asset management and investment funds practice. Owen joins from Allianz Global Investors....
..., head of personal investing at Willis Owen....
...An overly indebted financial system will weigh on long-term growth prospects. It also reinforces the feedback loop between central banks and asset prices....
...David Owen, MD and chief European economist at Jefferies: No....
...The Chinese government has long held a tight grip on the country’s financial system, opening up to trade but closing out competition to its national businesses from foreign institutions....
...AstraZeneca Plc has made a preliminary approach to rival drugmaker Gilead Sciences Inc. about a potential merger, according to people familiar with the matter, in what would be the biggest health-care deal...
...For the phone system not to work is another matter, for which there should be no excuse.” Another said: “Vanguard's phone system was down due to routine maintenance....
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