Ten Years After the Crisis, Banks Win Big in Trumps Washington

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In early February, with the Treasury secretary testifying about mad gyrations in the stock market and the Federal Reserve leveling unprecedented sanctions against American Bankers Association. Things” are glancing up for “the consumers ” of the banks, appearing up for their own economies, and for the banks as well ,” he says. Some of those […]

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For Chinas Wealthy, Singapore Is the New Hong Kong

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When more than 80 of China’s wealth directors amassed lately at the Shangri-La hotel on Singapore’s resort island of Sentosa, the clatter during tea breaks deterred returning to one theme: Hong Kong is starting to be eclipsed by Singapore as the favorite destination for the richness of China’s rich. At stake for banks in both […]

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What’s a Ping Pool? A VIP Lounge for Dark Trading

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There are casinoes that greet everyone, by the busload. Then there are casinoes the hell is by summon exclusively, designed for big rollers. In world markets, stock exchanges are the first style. Ping pools are the second. And like anything else with a velvet line, they’re making intense affair among the persons left outside. 1. […]

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Why Dont People Want to Buy Manhattans Spectacular Mansions?

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Seven E. 88 th St. is a 24.5 -foot-wide, six-story limestone row house a half-block from New York’s Central Park. Along with its 19 areas( 6 are bedrooms ), it peculiarity a rooftop solarium, an elevator, a rear garden, and a fourth-floor balcony. The mansion was listed at $44 million in 2014. A year later […]

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Air-Taxi Startup Has a Working Prototype and a Fresh $100 Million

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If you want to see JoeBen Bevirt’s flying auto, you were supposed to go in apache helicopters. The engineer’s private airfield is huddled in a valley on the Northern California coast between Monterey and Santa Barbara, and it’s remote by design, out past a swirl of suntan and dark-green subjects. Bevirt, a 44 -year-old whose […]

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Ripple Wants XRP to Be Bitcoin for Banks. If Only the Banks Wanted It

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The Unlikely Soviet Explorers That Beat America To The Moon Every day, corporations and purchasers around the world communicate more than $76 billion in payments through a vast network of banks. Without the flow of coin, receptacle carries stay in port, laborers don’t get paid, and quantity bonds break down. For the past six years, […]

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How Nigerians Beat Bitcoin Scams

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Depending on your senses about Bitcoin, it may seem appropriate that Nigeria’s love for the cryptocurrency began with a swindle. Mavrodi Mondial Moneybox( MMM ), a 30 -year-long world-wide Ponzi scheme that began in Russia, roped in thousands of Nigerians from late 2015 to the end of 2016 with promises of 30 percent incomes in […]

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What Could Kill the Bitcoin Boom

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If you bought a Bitcoin in early 2017, when one cost less than $900, you could have a profit of more than 1,200 percentage now. But you almost certainly didn’t do that. Perhaps you dipped in a toe in November or December, as the expenditure smacked headline-grabbing accounts –$ 10,000, then $15,000, then higher. If […]

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Charles King Is Changing the Color of Hollywoodand Making Money Doing It

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” I always had an seeing for geniu ,” Charles King vows. As a kid growing up in the Atlanta area, he’d watch Siskel and Ebert with his mother and then analyze the movies himself, speaking more re-examines afterward to see how the reviewers’ notions compared with his. In college, at Vanderbilt University, he endeavoured […]

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Why Wall Street Hasnt Had Its #MeToo Moment Yet

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Three women who’ve had long vocations in banking sat down for lunch together in Manhattan on the first Wednesday of its first year. It didn’t take long before they requested one another the issues to: Why hasn’t the Harvey Weinstein effect affected investment? After the movie mogul was accused last October of sexual harassment and […]

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