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Dubai influencers’ lives of luxury interrupted by Iran strikes: ‘The image of safety has been shattered’
Contradicting images of parties and war-flooded feeds after Iran targeted Gulf states in retaliation for US-Israeli attacks Mike Babayan was in a hookah lounge when he heard the explosion on Saturday night. Dubai – a gilded playground for the ultra-rich and oligarch class, billed as one of the safest places on Earth – had been…
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Things worth reading: 4th March 2026
Things we’re reading today include … Would a bank buy PayPal? Why Texas is emerging as a leading US hub for digital assets Report Describes Crypto’s $350 Billion Shadow War Pay by Bank warning Meteoric rise of AI in Asia’s banks Pulse of Fintech H2’2025 (KPMG) The post Things worth reading: 4th March 2026 appeared…
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Dubai influencers’ lives of luxury interrupted by Iran strikes: ‘The image of safety has been shattered’
Contradicting images of parties and war-flooded feeds after Iran targeted Gulf states in retaliation for US-Israeli attacks Mike Babayan was in a hookah lounge when he heard the explosion on Saturday night. Dubai – a gilded playground for the ultra-rich and oligarch class, billed as one of the safest places on Earth – had been…
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Things worth reading: 26th February 2026
Things we’re reading today include … Revolut eyes $100bn valuation with fresh share sale Trump’s draconian bank decree to expose illegal migrants sparks Wall Street panic Wall Street Should Worry More About AI Than Crypto, As Anthropic’s Latest Announcement Hammers IBM Stock Bitcoin miners pivot to AI and HPC as cryptocurrency market slumps Norway’s Verdane……
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Stripe buying PayPal? Wow!
Two headlines really struck me this morning. The first is that Stripe is now valued at over $150 billion – I’ve been following Stripe’s valuations for over a decade (it was just over $9 billion in 2016) … … and the second is that they are thinking about buying PayPal, which would be immense imho….…
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Things worth reading: 27th February 2026
Things we’re reading today include … Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI What’s Next for Klarna After US$1bn in Revenue U.K. ‘buy now pay later’ regulation signals end of ‘Wild West’ fintech loans system The crypto winter is not over, with the cryptocurrency market following the sentiment……
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JPMorgan’s $20 billion bet on AI and digital transformation
There’s been a lot of talk this week about JPMorgan spending $20 billion on technology in 2026. It sounds huge, and it is, and it’s slightly more than their peer group spend but, bear in mind, this is a bank worth over $800 billion and with revenues of $185 billion, so you need to……
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The Finanser’s Week: 23rd February – 1st March 2026
This week’s main discussions include … Stripe buying PayPal? Wow! Two headlines really struck me this morning. The first is that Stripe is now valued at over $150 billion – I’ve been following Stripe’s valuations for over a decade (it was just over $9 billion in 2016) … … and the second is that they……
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Things worth reading: 2nd March 2026
Things we’re reading today include … Major bank faces £600million hit after UK mortgage lender collapses Bank for ultra-rich warns Reeves over entrepreneur exodus Braddick to take the helm at the UK’s banking watchdog the PRA The economic effects of changes to bank capital regulation: evidence from the United Kingdom, a report from the Bank……
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What will money look like in 2050 and beyond?
I wonder what my kids will feel in a financial future of 2050 and beyond. We will probably regale them with stories about using cheques and cash and paper to exchange value. They will probably be amazed that such systems worked, but it’s a bit like me being amazed about how tally sticks worked a……