ING and UniCredit bring AI to the heart of the capital markets
It’s not the biggest fintech investment Euromoney has reported on, but the participation of ING Ventures and UniCredit in a €1.3 million series-A funding round for Italian startup Axyon AI might be a signpost to the future for wholesale banking...
Financial markets: Little point in worrying about an inverted yield curve
On Tuesday, December 4, the S&P500 fell by 3.25%, following an equity market swoon in Asia, as investors struggled to make sense of the US-China trade deal. This comes after a 6% rally in the S&P500 over the preceding six...
Argentina’s unknown destination
Argentina under president Mauricio Macri feels a little like that. The challenge his administration has had to overcome is one for the economic textbooks. But today, following a collapse in international investors’ confidence, that joke feels even more apposite. Argentina’s...
Industrial conglomerates: Spin off in haste, repent at leisure
It has happened in the US, notably at General Electric. Now Europe is also dismantling its industrial conglomerates. After this spring’s IPO of Siemens Healthineers, Volkswagen and possibly Daimler are listing their trucks businesses. Continental is listing its Powertrain business....
Can blockchain fight trade finance commodities fraud?
Commodities traders and banks on a new blockchain platform launched this autumn hold strong views on how the technology could soon transform their business. But the scheme is not without its challenges. Based in Geneva, komgo stands out for its...
Regulated exchanges for crypto security tokens could transform equity capital markets
On August 15, Swarm, a Palo Alto-based blockchain platform for private equity, which markets itself to private wealth managers and family offices as an open means of access to alternative investments, announced the prefunding of the so-called Robinhood Equity token...
Companies scramble to digitalize transactions as new laws loom
By Anna Fedorova One of the key areas where European governments are putting pressure on companies is taxation and invoicing, with the UK and Italy already taking steps to drive digitalization in this field. In the UK, HM Revenue and...
Country risk: Ukraine is at another crossroads
Grim in Kiev: But a sunnier investor climate might be closer than you think High-risk Ukraine is over the worst, at least in terms of macroeconomic instability. The country enjoyed a second consecutive year of GDP growth in 2017 and...
Treasurers struggle with the rising cost of payment cards
Corporate treasurers voiced their concerns about credit and debit cards on Monday at the Money 20/20 Europe conference, as part of the panel discussion ‘Merchant voices – friction points for global retailers’. Primarily, the treasurers – mostly US-based – were...
Cryptocraaazy: Rock around the block
First, an invitation to the unveiling of “the world’s first public Crypto Sculpture”. Yes, really. It’s not happening until June 15, so it is not at all clear as Euromoney goes to press in what way it is crypto. But...
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