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Money

Rich countries need to dig deep on climate finance

Financial Times | Nov 6, 2022 at 1:23 PM

…raising financing is reform of multilateral development banks, above all the World Bank . Proposals to change how MDBs operate could unlock several hundred billion dollars…

Corporations can no longer remain black boxes

Financial Times | Nov 6, 2022 at 1:23 PM

…Wall Street firm became a black box”. Though Lewis was writing about bank ing, he was referring to a problem that existed not just at Salomon…

Philip Morris wins Elliott’s backing for $15.7bn Swedish Match takeover

Financial Times | Nov 6, 2022 at 11:54 AM

…Monday, according to two people familiar with the matter. Handelsbanken, the Swedish bank , is acting as the receiving agent. The Marlboro maker first bid for…

Crypto Exchange Bybit Does Not Plan to Sanction Russian Users Despite MAS Call, Report

Bitcoin.com | Nov 6, 2022 at 10:30 AM

Cryptocurrency exchange Bybit has no intention to introduce restrictions for Russian traders, despite a recent reminder by the Monetary Authority of Singapore (MAS) about the obligations of crypto providers in that respect.

SEC Charges 4 People in $295M Global Crypto Ponzi Scheme That Duped Over 100,000…

Bitcoin.com | Nov 6, 2022 at 8:30 AM

The U.S. Securities and Exchange Commission (SEC) has charged four people for their roles in a global cryptocurrency Ponzi scheme that duped more than 100,000 investors worldwide.

Economics class: BoE outlines two bleak scenarios for taming inflation

Financial Times | Nov 6, 2022 at 6:05 AM

…Evaluate the extent to which this will reduce the requirement for further monetary tightening by the Bank of England Gavin Clarke, Emmanuel College…

UBS and Julius Baer trial offering wealth advice in the metaverse

Financial Times | Nov 6, 2022 at 6:00 AM

…But some wealth managers have begun investing heavily in technology in recent years to make sure they are prepared for changing demand….

How the pandemic transformed Britain’s commuter towns

Financial Times | Nov 6, 2022 at 6:00 AM

…Until coronavirus hit, the group — named after the volcanic rock and seabird haven that sits in the Firth of Forth — did not exist….

Goldman Sachs Launches Data Service to Help Investors Analyze Crypto Markets

Bitcoin.com | Nov 6, 2022 at 12:30 AM

Global investment bank Goldman Sachs has launched a new data service in collaboration with MSCI and Coin Metrics to help investors analyze crypto markets.

Interest rate rises boost Warren Buffett’s Berkshire Hathaway results

Financial Times | Nov 5, 2022 at 4:46 PM

…the Federal Reserve has tightened monetary policy. Last week the US central bank lifted rates to between 3.75 and 4 per cent, up from…

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