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What is the purpose of a bank?
The Financial Services Club Blog
It’s a simple question: what is the purpose of a bank? However, the answers I get are often missing the mark, imho. I get answers like to fund business, to finance progress, to support government, to keep economies stable, to manage risk, to build communities, to allow people to be …

Why Goldman Sachs is playing catch-up with JPMorgan
David Solomon eyes the consumer banking profits enjoyed by his rival

BlackRock says it wants to do more for the climate
The proof will be in its investment and shareholder-voting strategies

Former Barclays boss accused of 'funnelling funds' to Qatar
Court hears that Thomas Kalaris put forward ways bank could meet Qatar’s demand for extra fees Prosecutors have accused a former Barclays boss of proposing two separate illegal deals before settling on an advisory agreement that allegedly disguised the true nature of £322m in payments to Qatar in 2008. The

Economists explore the consequences of steering technological progress
Global warming and AI raise questions about how to manage innovation

Santander heir gets £44m fine for trying to smuggle Picasso painting out of Spain on his yacht

Which company just hit $1 trillion? Google it.
As Google-parent Alphabet Inc became on Thursday the fourth U.S. company to top a market value of more than $1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock's extraordinary gains.

Timeline: Key dates in the U.S.-China trade war
U.S. President Donald Trump and Chinese Vice Premier Liu He