Some banks are more active than others.
JP Morgan, at one end of the spectrum, only booked three fintech deals last year, which is the same as they did for 2015.
Companies like Barclays and Goldman Sachs have more of a shotgun approach: get in on as many fintech companies as possible. Barclays invested in 23 deals in 2016 for a 53% increase in activity, while Goldman got in on 17 deals for a 31% bump in activity.
Today, Mark Johnson of “TheBizLounge” discusses Barclays CEO investigated over trying to find out identity of whistleblower. And Highland Gold turns to profit, is it better than buying actual gold?
HSBC’s building in Canary Wharf, London. Photograph: Anthony Devlin/PA Archive/Press Association Image
Exclusive: Billions of dollars were moved out of Russia in ‘Global Laundromat’ operation, with anonymously owned UK companies playing major role theguardian.com
Britain’s high street banks processed nearly $740m from a vast money-laundering operation run by Russian criminals with links to the Russian government and the KGB, the Guardian can reveal.