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'Corporate kowtow to China' lands HSBC in a deep political hole | Nils Pratley

TheGuardian

Having tried to avoid making political statements for decades (apart from on the Scottish independence referendum, oddly), HSBC is now firmly on the geopolitical stage. Its board knows that, of course, and chairman Mark Tucker seems to have set the course: if push comes to shove, the bank will opt for China.

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BIS Calls On Politicians To Coordinate Tech Regulation

PYMNTS

BIS Economic Adviser and Head of Research Hyun Song Shin said, according to the report, “To make that coordination possible, I think there would need to be more of a concerted effort on the part of our political leaders to take that forward.”.

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Brexit Is Here And Stocks, Banks, FinTechs Yearn For Clarity

PYMNTS

And in addition, in another wrinkle of politics and referendum and fraying of a fabric of European economic unification, the Scottish Parliament has given the nod to a second independence vote that could disunite the United Kingdom itself. The British FTSE Index was down 0.4

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