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...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....
...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....
...A version of this article was first published by Nikkei Asia on February 14 2023. ©2023 Nikkei Inc. All rights reserved....
...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....
...Olaf Scholz said the affair had revealed that Germany’s system of financial regulation “needs to be reorganised”. 2....
...You don’t have to be Thomas Piketty to recognise that inequality poses a significant risk to the global system as it stands....
...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...
...An overly indebted financial system will weigh on long-term growth prospects. It also reinforces the feedback loop between central banks and asset prices....
...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...
...Is Lockheed Martin a ‘bad’ company because it makes weapons that kill, or a ‘good’ company because it makes missile defence systems?...
...Last year was exceptional for Europe Inc in terms of growth, profitability and business expectations....
...Developing risk management systems that are better at modelling a bank’s financial exposures and calculate potential losses RENEWABLE ENERGY Improving the efficiency of solar cells by designing better...
...Mr Viola said that the “intrusion and disruption” into the clearing system is the biggest risk facing Virtu....
...If Mr Zuckerberg can’t wrestle back control of this runaway system, then Facebook doesn’t deserve the user trust that he says is his paramount goal....
...One of his touchstones for anti-competitive behaviour is the late 1990s US v Microsoft case, in which the company was found guilty of using its operating system monopoly to stifle competitors like Netscape...
...Little known to the investing public, their bosses made fortunes: Vincent Viola, a former gasoline trader who founded Virtu Financial, now the biggest listed proprietary trading firm, became a billionaire...
...Thanks to a series of court rulings since the mid-2000s, such as eBay v MercExchange in 2007, Mayo Collaborative Services v Prometheus Laboratories in 2012 and Alice Corp v CLS Bank in 2014, and the subsequent...
...Its planners are dreaming big: the new Amaravati will have an eco-friendly transport system that includes water taxis, electric vehicles and even a possible hyperloop, if the sealed-tube train system championed...
...It is also the favoured spot of one of the neighbourhood’s proud sons, Vincent “Vinnie” Viola, the billionaire founder of high-frequency trading group Virtu Financial, which this week agreed the biggest...
...Virtu Financial, the high-frequency trading group chaired by Vincent Viola, has agreed a deal to buy rival KCG Holdings for about $1.4bn, in a move that will turn it into one of the biggest participants...
...Shares in Telit, which makes ‘internet of things’ wireless systems, plunged 30 per cent to 122p on news of the investigation....
...Their number include a real estate mogul, a florist and the founder of the supposedly influential band Uzi Katz and the Vying Violas....
...Case in point: The appointment of Vincent “Vinnie” Viola, chairman and co-founder of electronic market-making firm Virtu Financial Inc., as the secretary of the US Army....
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