The story of Greensill Capital's rise and fall has everything: investment banks, opaque finance, private jets, trophy mansions and the biggest British lobbying scandal in a generation, involving former prime minister David Cameron.
The Financial Times charts the rise of Lex Greensill and Sanjeev Gupta and examines where it all went wrong.
March 2020 began on a high note for American business and ended with the economy in tatters.
This WSJ documentary goes behind-the-scenes to reveal how the coronavirus pandemic ripped through American business during the month of March 2020 -- told through the firsthand accounts of 12 prominent executives. When the coronavirus tore through industry, commerce and society in March 2020, the U.S. economy came to a screeching halt.
Top executives relive the tough decisions they made as they scrambled to weather the storm.
Want to find out more? Check out the full article HERE on Fintech Brain Food
Senator Amy Klobuchar is leading a crusade against big-tech giants such as Apple, Amazon, Microsoft, Facebook and Google. These companies dominate the S&P 500 and wield a huge amount of influence. Should they be broken up?
The Facebook-backed Diem Association plans to launch a new stablecoin tied to the U.S. dollar in 2021. Formerly known as Libra, the digital currency project faced years of pushback from regulators, with key figures deeming the project a failure months after the first white paper launched. So how is Diem getting its previous detractors on board? CNBC’s Joumanna Bercetche spoke to Diem’s chief economist Christian Catalini about what has changed, and what the new coin could mean for consumers.
*NOTE- Diem has since withdrawn its license application in Switzerland shortly after publication of this report
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