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Digital Assets Break Out

Global Finance

The argest bank in Italy, Intesa Sanpaolo, quietly purchased $1 million worth of bitcoin in early January. The move was not publicly disclosed; it surfaced in an internal bank memo. The financial services industry is on the verge of entering the crypto economy, Fortune reported Bank of America CEO Brian Moynihan saying in February.

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World’s Best Banks 2024—Asia-Pacific

Global Finance

In the Asia-Pacific (APAC) region last year—as in 2022—net interest margin (NIM) dynamics were optimal for banks in Southeast Asia, Australasia, Hong Kong and India. Lending rates followed central bank tightening moves, while deposit rates lagged; and across the region, there were some record profits.

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The European asset management industry: Navigating volatile times

Mckinsey and Company

At the same time, sentiment toward the global asset management industry has reached a 30-year low as of April 2025, according to a Bank of America Global Fund Manager Survey. 4 Bank of America Global Fund Manager Survey, April 2025. 5 Bank of America Global Fund Manager Survey, April 2025. All Rights Reserved.

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China's Tech Crackdown: Its about Control, not Consumers or Competition!

Musings on Markets

As China's economy has grown, its financial markets have also found their footing, albeit at a slower pace. It is beyond debate that China's economy and markets have had a renaissance, cementing the country’s place as a leading economic power.

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ISS Discusses the Largest Class Action Settlements of 2022

Reynolds Holding

The tech-focused coffee chain allegedly touted its meteoric growth in revenues to attract over a billion dollars in investment from both the United States and Asia as part of an Initial Public Offering and a Secondary Public Offering in May 2019 and January 2020, respectively. A brief synopsis of the largest 2022 non-U.S.

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ISS Discusses Wells Fargo’s Historic $1 Billion Settlement With Investors

Reynolds Holding

Investors’ $1 billion tentative settlement – a Top 20 settlement of all time if approved – comes in the wake of years of scandal and resolves allegations that the bank concealed its inability to clean up its act. Current CEO Charles Scharf also admitted to the bank suffering from a “ broken ” culture and “flawed business” model.

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The Indian Smartphone Revolution: Paytm's Coming of Age IPO!

Musings on Markets

In the decade since, that has changed, as the smart phone market has exploded to reach hundreds of millions of Indians in 2020. In 2017 it added Paytm Gold , allowing users to buy gold in quantities as little as 1 rupee, and Paytm Payments Bank , a messaging platform with in-Chat payments.