Author: Hrishi
UK Chancellor To Sell Large NatWest Stake: Throwback to 2008 Financial Crisis
According to the Guardian on Wednesday 28th February, UK Chancellor of Exchequer Jeremy Hunt announced that he would look to sell the remaining 39% of the government’s stake in NatWest. During the 2008 financial crisis, the government gave a bailout to many banks by buying a substantial proportion of their stock. This was necessary to…
The FinTech Industry: Uncovered
What is a FinTech? FinTech, or Financial Technology refers to up-and-coming technology that looks to improve, or radically change the delivery of financial services. In the past 5-10 years, the number of FinTech startups almost doubled to 26,000, and in 2022 the global market revenue for this industry was USD 257.26 billion, and by 2030…
