India’s beleaguered blockchain industry has finally got some solid support to ensure its survival, with an influential industry evangelist evoking the vision of a billion smartphones acting as gateways to the brave new world of decentralised finance. In this world, Wall Street’s capabilities will be available to everyone, according to angel investor Balaji Srinivasan, formerly the chief technology officer at ...

Credit Suisse Group AG’s incoming Chairman Antonio Horta-Osorio inherits a firm reeling in both financial and reputational terms from its entanglements with Archegos Capital Management and Greensill Capital. There’s one decision that shouldn’t take long for him to make: Freeing the Swiss bank’s asset management unit to take advantage of the current hot market for money management firms. The division ...

What lessons can be drawn from the first 100 days of Brexit? Fewer than one might wish. The chaos of recent months underlines the difficulty, and maybe the pointlessness, of even trying to make forecasts amid such uncertainty. For a start, the pandemic has overwhelmed the short-term results of quitting the EU. All those calculations of the effects on Britain’s ...