Monzo revenues hit £1bn for the first time
Fintech reports rise in profits despite expected financial hit from anti-money laundering investigation
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Oaktree’s Italian football foray
Plus, Dai-ichi Life/M&G tie-up, dollar/Treasury yield correlation, and Daniel Katz at Sotheby’s
The world’s strongest currency is also super-competitive
Switzerland’s success shows that a nation can revalue its way to prosperity
German asset manager divests Exxon shares over ‘insufficient’ climate commitment
Union Investment sold out of US oil major and smaller peer EOG Resources after review
Debt is crushing the developing world
There is an urgent need to rethink financial structures that are failing billions of people