Are American assets great again? Not so fast
Any trade agreement with China will not settle questions over the ongoing supremacy of US capital markets
Economic news
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Fund management needs to make digital shift
AI, big data and distributed ledger technology can rewire the industry
UK ministers consider cutting tax-free cash Isa allowance
City groups think such a move will attract money into equity funds and domestic shares
Hong Kong’s fintech ambitions keep lawyers busy on policymaking and deals
Law firms have been advising on fintech regulation to keep pace with innovation in digital assets
US crypto group Coinbase targeted by hackers
Company said demands were made for $20mn to prevent public disclosure of stolen customer data
JPMorgan Chase CEO Jamie Dimon says recession is still on the table for U.S.
Dimon’s comments come less than a week after the U.S. and China announced that they were sharply reducing tariffs on one another for 90 days.