23

Oct

Why China isn’t cutting lending rates like the rest of the world

BEIJING — The People’s Bank of China is choosing not to follow many other major central banks in cutting interest rates as it tries to navigate a challenging economic environment. China’s central bank must manage an economy structured in many ways quite differently from that of other major regions, such as Japan or the European Union. But […]

23

Oct

2020 will be the year of a historic market surge, Medley Global predicts

Medley Global Advisors’ Ben Emons expects the market to break out in 2020. But his forecast doesn’t apply to the next few months. Despite this week’s strong market gains, the firm’s managing director of global macro strategy predicts uncertainty over the U.S.-China trade war and Brexit will prevail and continue to rock stocks. “We’re dealing with a[…]

23

Oct

WeWork boss to walk away with $1.7bn after SoftBank rescue deal

WeWork’s co-founder Adam Neumann is in line for a $1.7bn (£1.3bn) payout as investors seize control of the troubled office rentals empire he co-founded and thousands of employees wait to hear if they will lose their jobs. Neumann, 40, used to describe WeWork as “largest physical social network in the world” and a company so important it[…]

29

Sep

Digital marketing and sales as growth drivers

Due to the continuing digitalization of all areas of life, bank customers’ behavior and expectations are also changing—digital channels and therefore also digital marketing are gaining importance. Banking products should fit seamlessly into the—increasingly digital—everyday life. A survey conducted by GfK on behalf of Google and Postbank[1]reveals that almost 90 % of all bank customers initially search[…]