Non-bank companies may soon be competing with traditional banks in the US.
M&A deals between companies like CVS and Aetna and Amazon and Whole Foods will test what it means to create value in business today, as well as whether such deals provide value for consumers.
Shazam, which is headquartered in London, has more than one billion downloads worldwide.
CFO survey finds roughly half of US companies would bring back monies stashed offshore and seek to put it in fintech and high-yield investments.
The $69 billion CVS-Aetna deal points to companies working in different industry sectors looking at synergies of merging with one another for improved services, cost advantages, market dominance, profits and more.
The shift is meant to bolster China’s stagnant financial markets and includes scenarios where foreign entities can have a controlling interest in the country’s financial businesses.
A professor at the University of Chicago Booth School of Business, Richard Thaler’s advances in behavioral economics merited a Nobel Memorial Prize in Economic Science in October.
According to various catastrophe risk-modeling services, estimates of the damage caused by Irma alone now range between $40 billion–$50 billion.