Richard Beales joined Breakingviews in 2007 from the Financial Times, where he was U.S. markets editor and a Lex columnist. Prior to the FT, he spent more than 10 years as an investment banker at Schroders and Citigroup, based largely in Hong Kong and working on project finance, mergers and acquisitions. He has also lived in Sydney, Australia, and began his working life in London at Mars & Co, a management consultancy. Richard holds a masters in business journalism from New York University and a degree in biochemistry from St John’s College, Cambridge. Follow Richard on Twitter @richardbeales1
- Tel: +1 646 223 6086
- E-mail: email@example.com
Willie Sutton held up banks “because that’s where the money is.” After its network was used to try and steal $1 bln of South Asian funds from the New York Fed, SWIFT is warning customers about attacks. Rich governments are as vulnerable as big lenders in the age of cyber hacks.
The U.S. president, visiting London, could speak in favor of Britain staying in the EU. The big-picture economic case, in particular, is hard to dispute. But just as Donald Trump’s supporters defy logic, disengaged Brits may be ready to blow a raspberry at the establishment.
Tech and cyber-security know-how, startup spirit, VC funds and even climate make the Middle East’s startup hub a bit like the Bay Area. Jerusalem is keeping Tel Aviv on its toes. Israel has other advantages, too – a global outlook and perhaps greater hunger than in the Valley.
- GE Capital shows systemic tagging is working
- Big Data cuts into red tape of official statistics
- Bad Finance: M&A synergies deserve large salt dose
- The Fed and the S&P 500 are unhealthily aligned
- A steady Fed would hike rates another notch
- Activist accords sideline proxy-battle veterans
- Anbang's U.S. hotel block bookings getting pricey