Finance & Money Edge

Everybody gets a recession

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ECONOMY Japan falls from 3rd largest economy Japan has officially slipped into a recession and also lost its spot as the world’s third largest economy, falling behind Germany. ECONOMY UK enters recession Speaking of recessions, the UK has also fallen into a recession in the latter half of 2023. FINANCE Quantum computing in finance While […]

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Deepfake defrauds $25M

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RISK Deepfake defrauds $25M You have to feel a bit sorry for this Hong Kong-based finance professional who fell victim to this detailed deepfake fraud. It cost the company $25M… FUNDING OpenAI CEO Not just Good at AI OpenAI’s “Celebrity CEO”, Sam Altman, is not just good at AI, but fund raising. He’s been doing

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AI in Finance & Banking Coming in Hot

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AI AI in Finance & Banking Coming in Hot We made an announcement in our sister email newsletter, The AI Edge, that we’ll be merging any AI-related content in finance & banking with the Finance & Money Edge newsletter. And here’s the first share for this week: IBM is building out an AI governance tool

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US Extends Lead Over China in Battle of the Biggest Economy

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ECONOMY US Extends Lead Over China in Battle of the Biggest Economy Like an ode to one of my childhood cartoon series, Battle of the Planets, the US had a good 2023 and extended their lead over China in their battle for who’s economy is bigger. BANKING JP Morgan Shuffles Leadership Many of Jamie Dimon’s

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Ex-Qatari Finance Minister Convicted of Laundering

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ECONOMY Germany’s Economy Showing Cracks Since the end of World War II, Germany has been an economic powerhouse for Europe, but cracks are showing in how competitive Germany really is in today’s economy. Last year, Germany’s economy contracted by 0.3% and is seeing competition to its auto manufacturing dominance and hasn’t kept up with technology

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