BANKING
Blackstone joins the trillion dollar club
Private equity firm, Blackstone, is the first private equity firm to reach $1 trillion of assets under management. Reaffirming the notion that Blackstone will own everything in the world. Everything.
PAYMENTS
Amazon to launch new biometric payment method
Amazon’s “pay-by-pal” payment method, where you pay by holding your palm over a scanner, is set to be launched in a Whole Foods store near you by the end of this year. Amazon is also looking at letting third-parties use this technology with the hopes of helping leave your wallet or purse lighter without all that bulge.
BANKING
Virgin Money to close a third of branches across UK
Virgin Money is set to close a third of its physical bank branches (approximately 39 branches) across the UK, citing customers increased usage and preference of online/digital banking.
The quickest way to level up, become smarter & add value to your career in finance.
Signup for the FREE weekly newsletter: The Finance & Money Edge.
Get smarter about:
A weekly non-stuffy 2-minute read.
We value your privacy. We will never rent, sell or exchange your details. Our privacy policy.
