Sat.Apr 24, 2021

article thumbnail

How JP Morgan and Jamie Dimon scored a spectacular own goal on the ESL

TheGuardian

The bank and its outspoken CEO are no stranger to controversy but the ill-fated ESL plan perhaps is in another league The European Super League (ESL) was touted as the only way for elite football clubs to “recover” from the coronavirus pandemic, and “make people dream” about the beautiful game again. The €3.25bn (£2.8bn) deal also stood to make JP Morgan Chase, the US investment bank providing the funding, about £2m a week in interest payments for 23 years under the terms of the contract – makin

US 82
article thumbnail

Mastercard to buy digital ID firm Ekata for $850m | Amazon payments: scan your palm | Goldman Sachs invests $69m in UK digital bank Starling

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: Mastercard to buy digital ID firm Ekata for $850m Amazon is bringing palm-scanning payment system to supermarkets Goldman Sachs invests $69 million in British digital bank Starling.

article thumbnail

A glance across the Atlantic would show Sunak what real tax reform looks like

TheGuardian

Joe Biden is about to shake up US taxation policy. The UK must hope that the chancellor feels a need to emulate him The differences couldn’t be more stark. Promises to “build back better” from Covid-19 have been made on both sides of the Atlantic. But as lockdown measures are steadily relaxed, President Joe Biden is showing far greater ambition than Boris Johnson’s government when it comes to shaping the post-pandemic recovery.

Taxes 61