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Dimon’s call for truce with small banks gets a ‘no thanks’

Bloomberg Thanks, but no thanks. That was the response of small banks after Jamie Dimon called for a truce this week between large and small lenders. The JPMorgan Chase & Co. chief executive officer said the industry needs to work together, particularly in Washington, to achieve its policy goals with Congress and regulators. “Just because Jamie Dimon says ‘let’s sing ...

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This Spanish port is a ‘smart city’ lab

Santander, Spain / AFP In Spain’s historic port of Santander, parking is no longer a headache, rubbish bins never overflow and grass is watered only when needed since this northern resort became a testing ground for “smart cities” around the world. Thousands of sensors have transformed the metropolis, known for the grand hotels and high-end casinos lining its beach on ...

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Happy Birthday, Joseph Pulitzer!

Ritika Sharma / Emirates Business It’s a day of celebration for us – the journalists, especially the ones who are so by passion. Today, in the year 1847, a boy was born in Hungary, who changed the very meaning of journalism. Defying all odds — from being rejected for US army due to health issues to learning a language he ...

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