Wealth fund warns of private credit risks
Plus, Pimco on the US Fed, EM debt and Cartier at the V&A
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JPMorgan spooks fintechs with plans to charge for access to customer data
Start-ups say having to pay for consumer’s financial information would run them out of business
Eni bets on energy transition profits to match oil and gas by 2035
Italian oil major sticks with ‘satellite’ strategy for low-carbon units as others pull back
The coming crypto crisis
Bipartisan backing of stablecoins will hurt America’s economy and its politics
Crypto lenders dial up risk with ‘microfinance on steroids’
Digital asset price boom inspires new ventures making precarious loans despite painful wipeout three years ago
Stablecoins craze pits central bank against lawmakers in South Korea
Ruling party wants to let companies issue crypto, but Bank of Korea fears capital outflows