25 Leaders on Evaluating New Opportunities

How to separate smart bets from distractions.

How to separate smart bets from distractions.
Key insight: Franklin Templeton has been actively launching crypto projects since 2021, while most banks have been waiting to enter the decentralized finance space. Expert quote: “There’s a potential threat to banks if they’re still working with a model of the world or of competition that’s been rendered out of date by technology and the…
Cash App is launching a “magic wand” for payments, inspired by a social media trend in which people posted videos of themselves paying for items with homemade wands embedded with tap-to-pay cards. But the company’s strategy appears to extend beyond a viral gimmick. The $25 wand is part of Cash App’s new lineup of NFC-enabled…
If a large part of your monthly household budget goes towards groceries, a new credit card launched by Federal Bank and Paisabazaar could help you earn more cashback on one of the most frequent expenses. The Federal Bank Paisabazaar Paisaback Credit Card, launched on September 10, offers 7.5% cashback on eligible online and offline…
BofA notes that their month-end rebalancing model is pointing to outflows in EUR/USD and GBP/USD into the month’s fix. The firm says that: “We estimate FX rebalancing needs based on a conventional 60/40 portfolio of global equities & bonds. The underperformance of USD vs GBP & EUR denominated assets over August suggests rebalancing out of…
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Back in the good old days, buying blue-chip stocks with iron-solid brand names, like IBM and General Motors, was thought to be the next safest investment strategy after loading up on U.S. Treasuries. That’s far from the…
Read next: AI is reshaping global wealth – and Canada is climbing the ranks Meanwhile, oil markets moved higher Wednesday as fresh Houthi attacks on Saudi Arabian airports in Jazan and Najran stoked fears of renewed supply disruptions from the Middle East. Brent crude for December delivery gained 0.93% to $101.52 a barrel, while U.S….