Sat.May 01, 2021

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Soaring house prices and cheap credit are creating the wrong sort of growth

TheGuardian

A familiar UK recovery led by a property boom and debt-fuelled consumption does not qualify as ‘building back better’ The average house price, according to the Nationwide building society, rose by £6,000 in April, or £200 a day. In the course of the month, the cost of property increased by 2.1% – the highest one-month jump since 2004. Everywhere there are signs of boom conditions: buyers putting in offers without even seeing the property they are after; agents asking for best and final offers we

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Cloud spending accelerates as Microsoft, Google chase AWS | Deutsche Bank to close branches | Deutsche Boerse to build digital asset marketplace

Bussman Advisory

FinTech Ecosystem Insights by Bussmann Advisory is our weekly newsletter with over 28’000 subscribers, summarizing relevant news and reports related to ecosystems around disruptive technologies, highlighting key updates from the industry as well as our portfolio companies: Cloud computing spending accelerates again as Microsoft, Google chase AWS Deutsche Bank to close branches; move to hybrid working model Deutsche Boerse and Commerzbank to build digital asset marketplace.

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Sanctions wave intensifies compliance headaches

The Banker

As the number and complexity of financial sanctions rapidly multiplies, banks must spend more on people and technology to ensure they comply with the rules.