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Payments: The march of tech

Payments: The march of tech

By KANIKA SAIGAL

From payments to full retail banking services, tech companies are encroaching on the banking space.

Market Leaders more stories

Private equity sponsors face big changes

Private equity sponsors face big changes

By under-investing the vast funds raised at big expense to their end clients and then delivering shrinking returns, private equity sponsors are prompting customers to demand new approaches.

Macaskill on markets more stories

Sideways: The Fed – I’m a central banker... get me out of here!

Sideways: The Fed – I’m a central banker... get me out of here!

By JON MACASKILL

As Mario Draghi begins his victory lap before stepping down as president of the ECB in October 2019 and his colleagues get down to the serious business of competing for the succession, they will no doubt give thanks that they do not face trial by Twitter in the same way as Federal Reserve chairman Jay Powell.

Sideways: Ken Moelis – Ken of Arabia sticks to one costume

Sideways: Ken Moelis – Ken of Arabia sticks to one costume

By JON MACASKILL

Ken Moelis lived up to his nickname ‘Ken of Arabia’ when he showed up at the Saudi Future Investment Initiative conference in Riyadh in late October in his brave pursuit of future fee income despite the risk of international opprobrium.

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WeWork: Go big or go home

WeWork: Go big or go home

You have to admire the sheer audacity of WeWork – when its primary backer SoftBank decided to slash further investment in the shared office-space company by 87.5% from a mooted $16 billion to just $2 billion, the firm came out swinging.