Banking
Brex Travel disrupts incumbents like Amex & Concur with easy expenses and self-serve travel booking. Will big orgs buy in, or just startups?
Apple Pay Later finally launches. Will it gobble BNPL competitors Affirm, Afterpay, Klarna even after entering space so late?
Linette Lopez at Business Insider is the best at airing truth on market topics, and her last 2 pieces on VC & crypto pull no punches. Read them here.
Startup banks have better software and higher FDIC insurance than big banks. Are they the banks of the future? Are they even banks?
LOL, best bank crisis GIF award goes to Clark Miller for tributing American Beauty Annette Bening 'I will sell this house' scene with SVB
With First Citizens buying SVB assets & deposits, FDIC estimates insurance fund loses $20b & FDIC gains $500m in First Citizens stock
Banks and regulators get blamed for both protecting depositors and bailing out banks -- and for both fighting inflation and hiking rates too much. Who's right?
First Republic sale among options bank exploring with JP Morgan, Lazard, McKinsey (per WSJ). If so, I hope brand stays. Local banks matter. Just like our Treasury Secretary said today.
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