Where existing money and payment systems are wanting, mutually consenting adults are resourceful in finding ways to transact, notwithstanding government restrictions.
The second edition of my Corporate Finance textbook is now available at finer booksellers, and Amazon too. The companion website has also been updated – professors can get the password from their Aspen reps.
Hackers are stealing enthusiasts’ phone numbers, then changing the passwords to clean out their financial accounts; bank makes pledge to human rights groups.
For high-value, low-volume transactions, that is. Big Blue formally launched the platform Tuesday, but the custody bank has been using it for months, as has a group of Canadian institutions.
Like many financial companies, the brokerage wants to go where customers are. Since that means communicating with them via a third-party platform, it is working through privacy and security issues.
Cardtronics CEO Steven Rathgaber will retire at the end of the year and will be replaced by Edward West, the ATM operator's current chief operations and financial officer.
Post-election euphoria tamped down M&A talk as bankers were hopeful that reform would justify staying independent. But there are signs bankers are getting restless.
A federal regulator has agreed to review an advisory prohibiting Canadian credit unions from using the words "bank" or "banking" in their marketing, but some say it will take more than that before credit unions can truly compete with banks there.
