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What will it take to be the world’s first $1trn company?

A look at the likely characteristics of tomorrow’s winners Apple, Alphabet, Microsoft or Amazon. Which one will cross the line first in the race to be the world’s first $1trn company? Perhaps focusing on market cap alone is to miss a more important point about the nature of today’s mega caps. Apple has built up […]

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FSCS boss: We want advisers to think our levies are fair

The boss of the Financial Services Compensation Scheme has highlighted the importance of industry support for the lifeboat fund as he appeals to wanting advisers to think the way it raises levies is fair. Speaking to Money Marketing, FSCS chief executive Mark Neale says the organisation’s overarching role is to give confidence to advisers. He […]

TSB losses pass £100m on back of IT meltdown

TSB’s losses have spiralled to £107m for the first six months of the year in the wake of a botched IT upgrade. More than a billion customer records were due for migration in April, but more than a million were left without online banking access. In its first results since the failure, TSB has budgeted […]

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