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Digital Dollars Could Be a Boon for Amazon, Alphabet, and Other Tech Companies

Companies like Amazon.com, Alphabet, and Accenture are angling to play a role in the development of central bank digital currencies, or CBDCs. Big profits are at stake. Read More...

Reuters

Credit Suisse’s newly created investment bank lays out plans in memo

NEW YORK (Reuters) -Credit Suisse Group’s newly created investment bank, CS First Boston, will advise on mergers and acquisitions, raise capital for clients through equity and debt markets, and provide leveraged finance as part of its core offerings, according to an internal memo seen by Reuters.”CS First Boston will be global with a presence in all regions where it has a competitive advantage,” David Miller, global head of CS First Boston, wrote in a memo to staff. The unit will be carved out of the Swiss lender.

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