When foreign exchange transactions executed for mutual funds, pension plans, and endowments don’t occur at the interbank rate, investors and beneficiaries lose out. A lack of oversight and a lack of transparency mean the costs of surprisingly wide FX spreads … READ MORE
COMMENTS [ 0 ]I’ve long been interested in foreign exchange and cross-border payments. Several years ago, a partner and I undertook a series of interviews with lawyers, bankers, small businesses, startups, and individuals with the intention of identifying an opportunity for innovation. One … READ MORE
COMMENTS [ 0 ]“I’m not even sure what I want, but that’s not the point – it’s that I want it now.”
“Whenever the old gives way to the new, everybody with vested interests in the old starts crying that the world will stop. There aren’t many people with vested interests in the new.”
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.”
“All you need in this life is ignorance and confidence, and then success is sure.”
.@enfusion, a provider of investment management software, analytics, and managed services for asset managers and hedge funds, is looking for a new #CMO in NYC: http://bit.ly/3lv2iep
News that Wingspan, the platform for managing freelancer payroll, raised a $14MM Series A, has me wondering which names of other failed fintech startups should be recycled.
What exactly was McKinsey doing for SVB?
Useful and timely advice on cash management policies for startups from @goodwinlaw: http://bit.ly/3JnaHZg
What are the prospects for disgorgement? http://bit.ly/3JHyDYC
