#Forget griping staffers, investors love David Solomon

#Forget griping staffers, investors love David Solomon

“#Forget griping staffers, investors love David Solomon” David Solomon would never win a popularity contest inside Goldman Sachs.  Low-level employees grouse that the chief executive makes them work around the clock through the pandemic to keep up with deal flow. White-shoe investment bankers complain that they get blasted when they miss out on business.  He…

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# Chinese holding firm Ping An overtakes Tencent in blockchain patents race

# Chinese holding firm Ping An overtakes Tencent in blockchain patents race

“# Chinese holding firm Ping An overtakes Tencent in blockchain patents race ” Chinese holding conglomerate Ping An Group filed the largest number of blockchain-related patents in 2020, according to a new report. Intellectual property-focused magazine Intellectual Asset Management has released a report on the rankings of the world’s foremost blockchain patentees. Based on data…

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#Debt collectors could take some of your COVID stimulus check

#Debt collectors could take some of your COVID stimulus check

“#Debt collectors could take some of your COVID stimulus check” Debt collectors could take a bite out of the $1,400 coronavirus stimulus checks that will land in Americans’ bank accounts as soon as this weekend. The $1.9 trillion stimulus bill authorizing the so-called economic impact payments doesn’t include a crucial provision protecting them from garnishment,…

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# Crypto custodian Protego gets national charter from the OCC

# Crypto custodian Protego gets national charter from the OCC

“# Crypto custodian Protego gets national charter from the OCC ” The Office of the Comptroller of the Currency has granted another crypto firm a national charter. Per an announcement shared with Cointelegraph today, Washington-based institutional crypto custodian Protego is the second crypto-native firm to get national licensing from the OCC.  The new charter is…

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# DeFi is the future of banking that humanity deserves

# DeFi is the future of banking that humanity deserves

“# DeFi is the future of banking that humanity deserves ” Decentralized finance is a form of finance that does not require traditional intermediaries such as banks, brokerages or exchanges. All of the work that would normally be handled by these institutions is instead performed by technological solutions including smart contracts and blockchain. The legacy…

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#Housing may again be behind the 2008-ball

#Housing may again be behind the 2008-ball

“#Housing may again be behind the 2008-ball” We seem to be living in an era of the unexpected disaster: A virus that suddenly shuts down the US economy and ends life as we know it. A banking system that is at one minute solvent, and the next on the brink of collapse.  Of course, such…

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