Looking back at last week’s articles.
Monday marked the start of Bank Week. We began with Bank of America: Warren Buffett is now their biggest shareholder. Meanwhile, PR giant Bell Pottinger could soon collapse. At least Gucci and Christian Dior are banning size 0.
Thursday and ICBC, the world’s biggest bank, is leading the Chinese banking sector into growth. Similarly, Finland’s GDP is rising. But Alphabet’s restructure might mean we don’t see full growth stats for Google anymore.
Friday saw us finish our banking series with SBI, India’s biggest bank, tapping the green bond markets. But that’s not an Indian first. Whilst in the US, a pharma firm has done a first by selling a patent to a Native American tribe. However, hurricanes Irma and Harvey could be the first storms to cost the US economy $300bn.
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