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AI could be as consequential to the economy as electricity, says Jamie Dimon: Jamie Dimon believes artificial intelligence will have a huge impact on global ...
cnn.com/2024/04/08/investing/jamie-dimon-shareholder-letter-ai-future/
AI could be as consequential to the economy as electricity ...
Quick Glance: Jamie Dimon warns of potentially prolonged high rates
  • JPMorgan chief Jamie Dimon warns in his annual letter to investors of potentially prolonged higher inflation and interest rates due to high government spending.

  • Dimon mentioned that the economy is being fueled by government deficit spending and past stimuli, which could lead to potentially stickier inflation and higher rates.

  • Financial markets have significantly reduced their expectations for the number of expected rate cuts by the US Federal Reserve, with only two quarter-point cuts planned in 2024.

  • Dimon also warns of the risks of the private credit market boom and emphasizes that regulations may increasingly focus on this market, warning of geopolitical risks due to events like Russia's invasion of Ukraine.
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What to expect from bank earnings as high interest rates pressure smaller players
cnbc.com/2024/04/11/bank-earnings-high-interest-rates-set-to-pressure-small-players.html
What to expect from bank earnings as high interest rates pressure smaller ...
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Silicon Valley Bank, the Federal Reserve and Bank Runs: Regulators have yet to address the system’s vulnerability to sudden depositor withdrawals.
bloomberg.com/opinion/articles/2024-04-01/silicon-valley-bank-the-federal-reserve-and-bank-runs
Silicon Valley Bank, the Federal Reserve and Bank Runs
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Marc Andreessen, Galaxy Invest In 1kx’s $75 Million Crypto VC Fund: Venture capitalist Marc Andreessen, Accolade Partners and Galaxy Digital are among investors ...
bloomberg.com/news/articles/2024-03-28/marc-andreessen-galaxy-invest-in-1kx-s-75-million-crypto-vc-fund
Marc Andreessen, Galaxy Invest In 1kx’s $75 Million Crypto VC Fund
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See inside investor Marc Andreessen's $33 million house, now on sale: Veteran venture capitalist Marc Andreessen's home is on the market for over $33 million.
businessinsider.com/see-inside-investor-marc-andreessens-33-million-house-for-sale-2024-3
See inside investor Marc Andreessen's $33 million house, now on sale
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Coinbase partner ClearBank posts first full-year of profit as revenue almost doubles
cnbc.com/2024/04/04/coinbase-partner-clearbank-posts-first-full-year-of-profit.html
Coinbase partner ClearBank posts first full-year of profit as revenue ...
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Jefferies Trading Surge Bodes Well for Big Bank Earnings (JEF): Jefferies Financial Group Inc.’s revenue jump — due to strong capital markets and rebounding ...
bloomberg.com/news/articles/2024-03-28/jefferies-trading-surge-bodes-well-for-wall-street-heavy-hitters
Jefferies Trading Surge Bodes Well for Big Bank Earnings (JEF)
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Last year was bad for commercial real estate. 2024 could be worse.: Four years after the pandemic hit, offices, downtowns and the banking system wait to see how ...
washingtonpost.com/business/2024/03/30/commercial-real-estate-2024-loans/
Last year was bad for commercial real estate. 2024 could be worse.
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Billionaire Marc Andreessen’s Longtime Silicon Valley Estate Just Popped Up for Sale at $33 Million
robbreport.com/shelter/celebrity-homes/marc-andreessen-house-silicon-valley-1235555590/
Billionaire Marc Andreessen’s Longtime Silicon Valley Estate Just Popped ...
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Andreessen backs startup to fix faxes in health care: The antiquated communications tool remains pervasive in U.S. health care.
axios.com/2024/03/26/andreessen-tennr-fix-faxes-health-care
Andreessen backs startup to fix faxes in health care
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After SVB Failed, FHLB Charged $285 Million in Fees to Wind Down Financing: US banking regulators confronted an unusually large penalty when they seized Silicon ...
bloomberg.com/news/articles/2024-03-12/after-svb-failed-fhlb-charged-285-million-in-fees-to-wind-down-financing
After SVB Failed, FHLB Charged $285 Million in Fees to Wind Down Financing
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'Sour grapes': Elon Musk's lawsuit against OpenAI has Silicon Valley's billionaires in a food fight
qz.com/elon-musk-lawsuit-openai-sam-altman-silicon-valley-1851308160
'Sour grapes': Elon Musk's lawsuit against OpenAI has Silicon Valley's ...
Quick Glance: Elon Musk's Initiative to Eliminate Like and Retweet Counts on Twitter
  • Musk plans to remove like, retweet, and favorite counts from X's main feed.

  • Early user reactions to Musk's plan were mostly negative.

  • Removing these metrics serves no business purpose and could impact engagement on the platform.

  • Musk's move towards a structure similar to Threads may lead to potential boredom on the platform.
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HSBC to hire almost 50 bankers for startup, venture lending in US: HSBC is planning to recruit about 50 more bankers in its U.S. commercial bank to lend to ...
reuters.com/business/finance/hsbc-hire-almost-50-bankers-startup-venture-lending-us-2024-03-11/
HSBC to hire almost 50 bankers for startup, venture lending in US
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How a surprise investment in NYCB helped avert a 2024 bank crisis: If NYCB is worthy of a $1 billion investment, other regional banks should be just fine.
axios.com/2024/03/07/new-york-community-bancorp-steven-mnuchin
How a surprise investment in NYCB helped avert a 2024 bank crisis
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A Year After Silicon Valley Bank’s Collapse, the Rules Are Still Catching Up: New proposed regulations won’t address some root causes of regional banking malaise ...
wsj.com/finance/banking/a-year-after-silicon-valley-banks-collapse-the-rules-are-still-catching-up-90ac5f81
A Year After Silicon Valley Bank’s Collapse, the Rules Are Still Catching ...
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Led by Elon Musk, Silicon Valley inches to the right | kuwaittimes: Led by Elon Musk, Silicon Valley inches to the right - Business - WASHINGTON: Since his ...
kuwaittimes.com/article/11907/business/led-by-elon-musk-silicon-valley-inches-to-the-right/
Led by Elon Musk, Silicon Valley inches to the right | kuwaittimes
Quick Glance: Elon Musk's Tesla: 10 Revealing Quotes
  • March saw the release of Liftoff, followed by Power Play in August.

  • Power Play sheds a darker light on Musk's business life at Tesla.

  • Tesla emerges as a fragile company with high debts and talent shortage.

  • The book reveals ten impactful quotes about Musk and Tesla.
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Table tennis women of SV Böblingen - A worthy conclusion after 25 years of the Bundesliga
szbz.de/nachrichten/artikel/wuerdiger-abschluss-nach-25-jahren-bundesliga
Table tennis women of SV Böblingen - A worthy conclusion after 25 years of ...
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SVB coach annoyed: “No one’s looking at ‘19”: In 2019, Daniel Apke and SC Altenrheine intercepted the sovereign district league leaders SV Burgsteinfurt ...
ev-online.de/lokalsport/emsdetten/svb-coach-genervt-auf-19-guckt-keine-sau-708967.html
SVB coach annoyed: “No one’s looking at ‘19”
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Convicted VC ‘Party Animal’ Complains Juror Slept at His Trial: Mike Rothenberg, the venture capitalist known for throwing extravagant Silicon Valley parties ...
bloomberg.com/news/articles/2024-03-01/convicted-vc-party-animal-complains-juror-slept-at-his-trial
Convicted VC ‘Party Animal’ Complains Juror Slept at His Trial
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a16z Targets AI As Part of New $6 Billion Fund, Days After Marc Andreessen Called OpenAI's Security Protocol 'Swiss Cheese'
inc.com/sam-blum/a16z-targets-ai-as-part-of-new-6-billion-fund.html
a16z Targets AI As Part of New $6 Billion Fund, Days After Marc Andreessen ...
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Richmond's Atlantic Union bank sees opportunity in Southside Va.: Atlantic Union Bankshares as closed Monday on the $507 million acquisition of Danville’s ...
richmond.com/news/state-regional/business/atlantic-union-banking-richmond-danville-southside-virginia/article_3f2469ca-f05f-11ee-8c00-6f0a190316fe.html
Richmond's Atlantic Union bank sees opportunity in Southside Va.
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SVB Is in Hiring Mode to Defend Its Turf a Year After Collapse: Nearly a year after its collapse, Silicon Valley Bank is back in hiring mode as it seeks to win ...
trib.al/6nZGqA6
SVB Is in Hiring Mode to Defend Its Turf a Year After Collapse
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Is the US headed for another banking crisis? : A major scheme to prop up the US banking system is ending, while a second may be winding down.
scroll.in/article/1064441/is-the-us-headed-for-another-banking-crisis
Is the US headed for another banking crisis?
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Here's how to prevent the next bank run: A group of banking scholars, including two former Fed officials, weigh in.
axios.com/2024/03/28/fed-bank-run-risks-deposit-insurance
Here's how to prevent the next bank run
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The Future Of Business To Business Banking: Fintech 50 2024: Compared with other fintech segments, business to business banking had a pretty good 2023–thanks in ...
forbes.com/sites/rinatorchinsky/2024/02/13/the-future-of-business-to-business-banking-fintech-50-2024/
The Future Of Business To Business Banking: Fintech 50 2024
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Bank of Japan rates pivot cause to cheer in China: TOKYO — Xi Jinping’s inner circle in Beijing is probably breathing a little easier as the Bank of Japan steps ...
asiatimes.com/2024/03/bank-of-japan-rates-pivot-cause-to-cheer-in-china/
Bank of Japan rates pivot cause to cheer in China
Quick Glance: Fate of BOJ's Stimulus Tools Revealed
  • The Bank of Japan ended eight years of negative interest rates and other unorthodox measures to boost growth. Details on changes to the stimulating tools were disclosed.

  • The negative interest rate policy was lifted, and the bank now pays a 0.1% interest rate on excess reserves to withdraw money from the economy.

  • Yield curve control was dismantled, but the bank will continue to buy bonds and intervene with larger purchases if bond yields rise rapidly.

  • The purchase of risky assets like ETFs and REITs was discontinued, and the commitment to maintain massive stimulus was withdrawn to reassure the market.
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The grand plan to build Kiwibank into a maverick challenger: Ministers back rules change to allow smaller banks and financial institutions to access cheaper ...
newsroom.co.nz/2024/03/22/the-grand-plan-to-build-kiwibank-into-a-maverick-challenger/
The grand plan to build Kiwibank into a maverick challenger
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Meet Northwood Space, a Former Disney Child Star's Commercial Space Startup: Bridgit Mendler went from Disney movies and a recording career to launching a space ...
on.inc.com/Xf8Bjca
Meet Northwood Space, a Former Disney Child Star's Commercial Space ...
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Football district league A2 Hohenlohe: Brettheim climbs to 10th place: In the A2 district football league, SVB leaves the relegation zone with a 5-0 win at the ...
swp.de/sport/mehr-lokalsport/crailsheim/fussball-kreisliga-a2-hohenlohe-brettheim-klettert-auf-rang-10-73402783.html
Football district league A2 Hohenlohe: Brettheim climbs to 10th place
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Last home game - SVB Bundesliga women: "An era comes to an end": SV Böblingen lost their Bundesliga table tennis game against TTG Bingen/Münster-Sarmsheim 3:6 ...
szbz.de/nachrichten/artikel/svb-bundesligafrauen-eine-aera-geht-zu-ende
Last home game - SVB Bundesliga women:
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IRS sues FDIC over Silicon Valley Bank's $1.4 billion tax debt: The U.S. Internal Revenue Service on Tuesday sued the Federal Deposit Insurance Corporation ...
reuters.com/legal/irs-sues-fdic-over-silicon-valley-banks-14-billion-tax-debt-2024-02-13/
IRS sues FDIC over Silicon Valley Bank's $1.4 billion tax debt
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Saudi Arabia has committed $40 billion to artificial intelligence: The avalanche of venture capital for AI could continue to grow: Saudi Arabia wants to endow a ...
heise.de/news/Saudi-Arabien-hat-40-Milliarden-Dollar-fuer-Kuenstliche-Intelligenz-9659872.html
Saudi Arabia has committed $40 billion to artificial intelligence
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Unicorn companies aren't that special anymore: Companies with billion-dollar valuations are in the thousands, and many of the new ones are in the AI space
qz.com/unicorn-companies-ipo-billion-dollar-valuations-1851250720
Unicorn companies aren't that special anymore
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See inside investor Marc Andreessen's $33 million house, now on sale: Veteran venture capitalist Marc Andreessen's home is on the market for over $33 million.
businessinsider.com/see-inside-investor-marc-andreessens-33-million-house-for-sale-2024-3
See inside investor Marc Andreessen's $33 million house, now on sale
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Hippocratic hits $500mn valuation as tech investors seek new bets in AI: One-year-old healthcare start-up gains investment from venture groups including General ...
ft.com/content/116a7ab1-ab9a-45e7-88a3-976365468549
Hippocratic hits $500mn valuation as tech investors seek new bets in AI
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Qianhong Gotsch and Annett Kaufmann are there - Table tennis The last Bundesliga home game for the Böblingen women after 25 years
szbz.de/nachrichten/artikel/tischtennis-das-letzte-bundesliga-heimspiel-der-boeblinger-frauen-nach-25-jahren
Qianhong Gotsch and Annett Kaufmann are there - Table tennis The last ...
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Cardano finally gets fiat-backed stablecoin USDM after huge delays: USDM, the first United States dollar-backed stablecoin on Cardano, launched on March 17.
cointelegraph.com/news/cardano-blockchain-launch-fiat-backed-stablecoin-usdm
Cardano finally gets fiat-backed stablecoin USDM after huge delays
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IMF warns regulators to heed lessons about 'too big to fail' banks: IMF staffers push back against the notion from regulators and politicians that the ...
irishexaminer.com/business/economy/arid-41355814.html
IMF warns regulators to heed lessons about 'too big to fail' ...
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Rippling doubles down on R&D and hires new CPO Eisar Lipkovitz: Despite tech companies scaling back, Rippling is doubling down on R&D investment with a cash-rich ...
businessinsider.com/rippling-hr-startup-growth-parker-conrad-eisar-lipkovitz
Rippling doubles down on R&D and hires new CPO Eisar Lipkovitz