The Inevitable COVID crash. When and where will it strike? Despite the pessimistic tone Matthew Lynn is in fact doing us all, Banks and Alt Lenders alike, a favour. In this piece he reminds us that that there has never been a recession yet which has not been accompanied at some point by […]
Here are the 3 stories that mattered this week: 1. Crowd Cube and Seeders to merge Some weeks ago I mentioned wrote that the whole Alt lending market was ripe for consolidation and while Crowdcube and Seeders are in the equity space the sentiment is exactly the same. These are two of the biggest UK […]
This post is by Howard Tolman, posted in my name due to a tech snafu. Let Zombie companies go and support start-ups Why this matters: This is yet another example of financial commentators strongly advising the government that companies that cannot support themselves and are only still in business because of ultra low interest rates […]
The post Alt Lending news for week ending 25th September 2020 appeared first on Daily Fintech.
This post is by Howard Tolman, posted in my name due to a tech snafu. 1. ECB has its hands tied as the euro soars ever higher Why this matters. So the easing of fed policy announced at Jackson Hole is already causing concern within the ECB as the Euro continues its inexorable rise. The […]
Pandemic and protests. How the tumult of 2020 will forever change banking Why this matters: It is generally accepted that the American banking system entered the COVID crisis in somewhat better shape than its European counterparts but then along came the brutal death of George Floyd and the continual turbulence that that has caused worldwide […]
The post Alt Lending: American Banks as agents of Social Change? appeared first on Daily Fintech.
Last week I more or less wrote off Jerome Powell’s comments on allowing the US economy to run hot without response as nothing new. Many of the mainstream press commentators saw it as a major change in US policy. If that is the case what is the likely impact going to be? To […]
Efi Pylarinou is the founder of Efi Pylarinou Advisory and a Fintech/Blockchain influencer – No.3 influencer in the finance sector by Refinitiv Global Social Media 2019. The consumer debt levels in the US remain high and Fintech has contributed to this substantially. Q2 2020 was the first quarter that household debt and credit dropped since 2014! However, 2019 closed with nearly $4.2 trillion in consumer debt (a record […]
This week I am going to concentrate on what is happening when the worlds A list central bankers get together at Jackson Hole, Banking Bigwigs Ignore impending disaster Banking is basically a simple business and the fundamentals have never changed. When A.P. Gianinni started making loans to distressed entrepreneurs immediately after the 1906 earthquake […]
Here is our pick of the 3 most important Alt Lending news stories during the week: 1. Yield Starved Investors start to Rummage in triple C rated debt Why this matters: This headline from the Financial Times comes as no surprise given the crazy state of the debt markets but it does raise a […]
Here is our pick of the 3 most important Alt Lending news stories during the week: Robinhood traders are going to get their fingers burnt Why this matters: While this is primarily all about equities and the meteoric rise of the Robinhood trading platform it does touch on the rather avant garde financial activities […]