Inventing New Ant
How to preserve the best of China's giant fintech venture, supporting the firm's global outreach, but curbing its overweening control over domestic Chinese credit, these are the questions 'New Ant' is preparing to address
How to preserve the best of China's giant fintech venture, supporting the firm's global outreach, but curbing its overweening control over domestic Chinese credit, these are the questions 'New Ant' is preparing to address
The 33% Alibaba subsidiary demonstrated China's digital mastery in financial applications based on world-beating data analytics. The cancellation of its much awaited IPO was a thunderbolt and the official rationale of this decision needs to be evaluated
US monetary and fiscal policies will have an impact on the liquidity of the international credit market, reverberating throughout the world economy
In the Financial ETF category, performance of funds with exposure to Financial Services and supporting activities has been oustanding but the definition of the industry segment is quite diverse
At the high end of the volatility range of our Finance ETFs Overview, Regional Banking has been persistent in signaling a shaky outlook of the US economy at the local level over the past year
"Insurance, a business I do understand and the engine that for 51 years has powered Berkshire's growth ' W.Buffet - Chairman's Letter to the Shareholders 2017
The banks of the KBW index are large cap financial institutions and money centers and the PowerShares KBW Bank ETF, tracking the index, has been very successful in 2017