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...Productivity-hype bubbles are usually separated by at least 25 years and usually form at the end of a secular bull market, when aggregate profits are coming under pressure, say Garthwaite et al....
...say Jonas et al. Yes it can! Look! And look! And look! That’s Tesla on an EV of 28.3 times 2025 ebitda, per Morgan Stanley forecasts, which is more expensive than Nvidia’s 25.3 times ebitda....
...Setting aside the threat of ChatGPT et al to those of us who write for a living, I feel moved to defend wine professionals in general and the need to retain the personal touch in much of what we do....
...“Microsoft wants to offer a unified global service and become the Netflix of cloud gaming — it can’t become that if they carve it out.”...
...In a city that has been waiting years for its delayed metro system to be finished, has no other public transport and a dearth of taxis, unreliable ride hailing services compound the problem....
...Still, the study by Subramanian et al should remind us why we care about globalisation....
...Here’s an unusual thing, a sellside note on generative AI that does more than swallow and regurgitate the hype. It’s from JPMorgan analysts Tien-tsin Huang et al, who cover IT services at the bank....
...Here’s Citi’s Andrew Coombs et al. then: For the European banks, we see less risk of deposit flight and believe they have more liquid balance sheets....
...Woman, Life, Freedom by Marjane Satrapi et al (Seven Stories Press) The much-feted author of the graphic novel Persepolis leads a collection of vivid, “visually stunning” accounts of the current unrest gripping...
...But as Steven Kelly of the Yale Program on Financial Stability pointed out to me, Yellen et al will need the goodwill of the big banks should some other bank or banks get into trouble....
...The point is to be a convening place that can contribute by offering “le gîte et le couvert” — “a place to eat and a place to sleep” — she added....
...Luckily, efforts to ram crypto’s square peg into the round hole of the Securities Act of 1933 (et al) have proceeded slowly to date. But there is danger this mistaken project will accelerate now....
...services....
...He’s come to see first-hand how the Israeli healthcare system employs technology — some of it not especially advanced — to cut costs and improve services....
...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....
...“We are compelled to act following Russia’s unprovoked invasion of Ukraine, and the unacceptable events that we have witnessed,” said Al Kelly, chief executive of Visa....
...try over and over to introduce payments and financial services....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. You can build it, but will they come?...
...I think it’s an opportunity rather than an obligation — an opportunity to give something back and to provide some service.”...
...and Warby Parker long before they went public....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...of their own.* Financial services companies like PayPal have been building their own payment systems that do not rely on the established networks....
...In May, the ministry of economy, trade and industry — alongside the ministry of the environment and the Financial Services Agency — published its “basic guidelines on climate transition finance”....
...“The fact that [David] Cameron, [Jeremy] Heywood (the most powerful civil servant) et al did not understand many basic features of how the world works is why I and a few others gambled on the referendum,...
...In these areas companies are expected to prosper from the acceleration of digital services spurred by shutdowns, homeworking and social distancing....
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