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‘There is no time to lose:’ Deutsche Bank is embarking on a major overhaul – and it will lead to big job losses

REUTERS/Luke MacGregorA person walks previous Deutsche Bank places of work in London December 5, 2013. Deutsche Bank set for major enterprise overhaul together with vital job losses. The German lender plans to reduce US operations in each charges gross sales and buying and selling, whereas company finance operations in each …

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Can This Japanese Snack Food Company Break into the U.S. Market?

HBR Staff/Arata Photography/Getty Images “Cheetos! Please Cheetos!” Riku Nakamura’s daughter, Akari, lunged towards the grocery retailer shelf. His spouse, Aoi, sighed. “Remind me: Why are we walking down this aisle again?” “I wanted to see how rice cakes are displayed. I don’t understand why our rice crackers can’t be in …

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Fintech Revolut raises $250 million from DST Global at $1.7 billion valuation

Revolut CEO and founder Nikolay Storonsky. Storonsky LONDON — Financial expertise startup Revolut has raised $250 million in a blockbuster “Series C” funding spherical. The funding, one of many largest-ever in European fintech, values Revolut at $1.7 billion. It means the 33-month-old firm has grown its valuation by greater than …

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Blockchain, the Bard and Building More Inclusion for Banking

The raft of recent banking rules following the monetary disaster closed off many avenues to overly dangerous or illicit actions with a purpose to create extra transparency. But additionally they had the unintended consequence of shrinking financing choices for some deserving areas, enterprise sectors, people and non-profit teams, write Steve …

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