The Rise and Fall of Richard Branson

Sir Richard Branson is one of the most successful and high profile businessmen in the world. But his recent business ventures; Virgin Galactic, Virgin Orbit, and Virgin Hyperloop have become disasters.

Citadel Advantage News Digest - Issue #157

Read / Subscribe to the “Citadel Advantage News Digest” In this edition -

• Can Blockchain Technology Change Plagiarism Detection in Academia?
• Bernie Madoff's Lawyer to #FTX's Bankman-Fried: 'Shut Up!
• ChatGPT Explained in 5 Minutes
• The ‘Twitter Files,’ and other news from the bird app
• BIS warns of $80 trillion of hidden FX swap debt

NEWS about World Affairs, Banking, Fintech, Payments, Business, Blockchain, Crypto, Money and more…

Check it out

HERE

How will businesses use the metaverse?

The metaverse could offer multi-trillion-dollar opportunities for businesses in the long term, with the potential to transform many aspects of daily life.

Sell-to-yourself is on the rise, but who gets the best deal?

Private equity is all about buying companies and selling them on. But as the FT’s Kaye Wiggins explains, with the economy struggling, private equity groups are increasingly turning to a new strategy – they’re selling companies to themselves. So who are the winners in this layer cake of deals, and who loses out?

Management Consulting - Where next?

The CEO-whisperers of Bain & Company, Boston Consulting Group and McKinsey, the trio at the pinnacle of management consulting, are accustomed to operating in the shadows. Of late, though, they have been thrust into the light by scandals.

Read the full story in The Economist HERE.

The magic numbers of management

We are in the age of the data scientist. Employers of all kinds prize people with the skills to capture and analyse enormous amounts of information, to spot patterns in the data and to turn them into useful insights. But some of the most valuable figures in business need neither an analytics team nor knowledge of Python. They are simple to remember and useful for bosses in every organisation. 

This article from The Economist has a small selection of management’s magic numbers.

Read it HERE.

Read the latest Edition (#130) of the Citadel Advantage News Digest

NEWS about Banking, Fintech, Payments, Business, Blockchain, Crypto, Money and more…

Read the newsletter HERE

In this edition;

• After $2 trillion crypto crash, what happens next?
• Are big corporate profits to blame for inflation?
• Massive Wall Street layoffs feared as banking profits tank
• Top 100 Banks on Twitter Ranked by Most Followers
• Should You Buy The Dip in Crypto Crash?
• Inside the Digital Marketing Strategies of Top Neobanks Revolut & Monzo
• DeFi in the Metaverse: Possibilities, Pitfalls, and Promises
• 62 Digital Marketing Statistics Every Financial Marketer Should Know
• Phishing 101: A Beginner's Guide on Phishing Attacks
• Embedded finance: a double-edged sword for traditional financial institutions
• The 6 Pillars of Digital Marketing for Banks & Credit Unions
• 4 Reasons for Cyber Intelligence Failure
• Data Science and AI Predictions for 2022
• Digital Transformation in Lending Keys to Success
• The New Community Bank Model: Digital-First With a National Footprint
• Crypto crash, crypto investing and your taxes: A look at impact on investors’ taxes
• How Big Banks' Tech Advantage Hinders Innovation and Hurts Competition
• How Financial Institutions Can Stop Chasing Their Digital Tails
• 12 Must-Have Mobile Banking Features Consumers Expect Now

You can read/subscribe to the newsletter HERE

Read the latest Edition (#129) of the Citadel Advantage News Digest

NEWS about Banking, Fintech, Payments, Business, Blockchain, Crypto, Money and more…

Read the newsletter HERE

In this edition;

• With or without Elon Musk, Twitter is overdue a shake-up
• Crypto market crash: Layoffs, bankruptcies and frozen accounts
• What to do now about tomorrow’s code-cracking computers
• Credit Suisse: what next for the crisis-hit bank?
• Battle for Credit Cards Waged With Innovation and Sheer Marketing Muscle
• How Can Password-Free Identity Verification Safeguard User Privacy?
• Major Card-Issuing Bank Takes on Fintechs with Its Own BNPL Plan
• The real value in relationship-focused pricing decisions
• 5 Ways Community Banks & Credit Unions Can Compete in Credit Cards
• Visualized: How Bonds Help Reduce Bear Market Risk
• The Gap Between Products Banks Offer & What Consumers Really Need
• WaaS for Finance: How Banks and Retailers Can Leverage Wallet-as-a-Service?
• Banks Struggle to Provide Personalized Engagement: Here's Why

You can read/subscribe to the newsletter HERE

Check out the latest “Citadel Advantage News Digest - Issue #111” - 19 May

Read the latest “Citadel Advantage News Digest - Issue #111” - 19 May 2020 edition

#Cryptocrash grabs the attention of Treasury, other regulators" plus NEWS about Money, Payments, Business, Banking, Fintech and more

Read it HERE.

How London became the dirty money capital of the world

Russian oligarchs and companies have been investing in London for two decades, encouraged by British politicians of all stripes, but critics say the 'London laundromat' cleans dirty money from Russia and across the globe. 

The FT examines why it took Russia's invasion of Ukraine to put the issue in the spotlight and whether new sanctions and measures to tackle the problem go far enough.

How to design Buy Now Pay Later

What to get right when designing BNPL. Five design principles to keep in mind, surfacing relevant examples from Pulse while providing their very own design solution.

A Complete Guide To The Corporate Metaverse

Ever since Facebook’s rebranding to Meta, forward-thinking entrepreneurs have been wondering whether they can use the metaverse for business. Not surprisingly, an array of tech vendors are now adding metaverse development services to their portfolio, looking to cement their place in the emerging technology market and help their clients ride the wave of the metaverse hype.

But what is the metaverse exactly? How does the metaverse work? Most importantly, what are the metaverse business opportunities? Find that out HERE!

Evergrande: the end of China's property boom

The rapid expansion of China's property sector was powered by a great migration from the farms to the cities - and built on cheap credit. The FT tells the story of Evergrande, the most indebted property developer in the world, which now stands on the brink of collapse. It's a story that changes the outlook for China's position as the locomotive of global economic growth. But is this China's Lehman Brothers moment?

How Covid Changed the Payments Industry

Covid-19 caused clear shifts in payments preferences, changes that continue to reverberate through both banking and the world of nonbank payments providers. The most recent Federal Reserve Payments Study, delving deeply into data from 2019 and 2020, shows clear evidence that the pandemic jump-started migration from traditional forms of payments to a myriad of remote and innovative forms of payments.

Want to find out more? Click HERE.

"Most People Have No Idea What Is Coming..." - Charlie Munger's WARNING

Charlie Munger warns investors of what’s ahead for the markets. He says, the trouble that’s coming could be worse and harder to fix than what was experienced during Volcker’s era that ended up with a huge recession. Being a vice chairman of Berkshire Hathaway and the closest partner (right hand man) of Warren Buffett, Charles T. Munger has a net worth of around $2 billion. He is a profoundly wise man who is absolutely worth listening to, especially when it comes to investing, the psychology of wealthy people, rationality, and life experience.

Data Breach Customer Relations - What you must NEVER Do

Data breaches have become an unfortunate fact of life. But just because data breaches happen every day doesn’t mean your own enterprise’s incident isn’t big news that should be handled with great care. During cyber incident response, one public relations misstep can multiply the damage significantly.

What are some bad behaviors you’re going to want to avoid? Find out HERE. 

Why Fintechs won't replace traditional banking

There’s been a lot of talk about whether traditional banks can survive the digital revolution. Industry experts have mused about the fate of brick-and-mortar banks as the pandemic fueled a shift toward digital options, but is the assessment that traditional banks are destined to disappear a fair one?

Find out more and read the full article HERE. 

Is the cryptocurrency trading boom creating a new generation of addicts?

With endorsements from celebrities and ads on TikTok, cryptocurrency has gone mainstream. But not everyone gets rich. The Guardian's Rob Davies reports on how crypto apps encourage addictive, high-risk trading habits.

Read or listen to his article HERE.

How does lending work? - Decoding: Banks - Episode 4

From 11:FS. Lending has been around for thousands of years and is one of the cornerstones of banking. Although ledgers aren't made out of clay anymore, the principles have largely stayed the same. Curious to know more about lending? We get into how it works and what's in it for the banks.

Spacs: under the microscope

Spacs have pulled in billions of dollars from investors over the past couple of years. But as the FT’s Ortenca Aliaj reports, they’ve also attracted intense scrutiny from regulators. Of particular concern has been the fast-track route to public markets offered by Spacs, as well as some optimistic revenue projections. So, where does that leave the Spacs market?