CashNews.co The Patagonian shale riches driving Argentina to an energy surplus Read More #cashnews #newsfinace #finance #FollowsCashnews
Global copper rush draws investors to Argentina’s untapped deposits #NewsMarket
CashNews.co Accessing the copper at Taca Taca, a deposit of the metal in Argentina’s inhospitable north-west, is a gargantuan task. The site’s low-grade 0.5 per cent copper ore lies several hundred metres beneath a Mars-like desert of rolling red dunes, volcanoes and salt lakes. It sits 3,600m above sea level and a bumpy seven-hour drive […]
The hidden billions Argentines hold in undeclared savings #NewsMarket
CashNews.co In an unassuming office building in central Buenos Aires — behind a half-metre-thick door, metal detectors, and a series of facial, fingerprint and iris recognition systems — sit thousands of safety deposit boxes holding important documents, jewellery and, most of all, US dollars. Ingot, which has five branches in Argentina, is one of a […]
Tokyo Metro is not offering a high-speed ride #NewsMarket
CashNews.co Tokyo Metro is not offering a high-speed ride Read More #cashnews #newsfinace #finance #FollowsCashnews
Deutsche Bank warns of rising bad loan provisions #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deutsche Bank reported a record third-quarter profit, as its trading and investment bank advisory revenue surged, but warned investors to brace for higher-than-expected loan losses for the second time in almost three months. Chief […]
Open banking challenges America’s cozy lenders’ club #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Consumers tend not to care how banks actually work. So it is unlikely many of them noticed a new rule on Tuesday making it easier to move personal data from one financial company to […]
Five takeaways on the state of biodiversity finance #NewsMarket
CashNews.co This article is an on-site version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered three times a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters. Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around […]
The titans of Wall Street #NewsMarket
CashNews.co Citadel, XTX and Jane Street have come to dominate trading on Wall Street, and not just in equities. They now run a huge proportion of trading in currency and bonds, something the banks used to own. But where did they come from, why have so few people heard of them, and how did they […]
Investors pile into emerging-market funds that cut out China #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors are piling into emerging market funds that exclude China despite a recent blistering rally in Chinese stocks, amid concerns over escalating tensions between Beijing and the west. Investment firms told the Financial Times […]
Inter-American Development Bank offloads risk on $1bn of loans #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Latin America’s biggest development bank will pay a group of private investors to take on some of the risk of losses on its loans, as multilateral lenders turn to securitisation to make scarce capital […]