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Author : Mohamed A. El-Erian
About Mohamed A. El-Erian PRO INVESTOR
CEO and co-CIO of PIMCO. Served as President and CEO of the Harvard Management Company for 2 years, while also working at the IMF for 15 years. In 2008, his book "When Markets Collide", won the Financial Times award for Business Book of The Year in addition to being named as the one of the best business books of all time by The Independent.
Stories by the author
Wall Street Firms Test Pilot Program For Canton Network Blockchain Platform
Many top financial institutions including BNY Mellon and Goldman Sachs, have participated in a pilot of Digital Asset's Canton Network blockchain platform for Blockchain-based assets. The Canton Network was...
US Chamber Of Commerce Initiates Lawsuit Against CFPB Regarding Late Card Fees
The United States Chamber of Commerce has Initiated a legal action against the Financial Protection Bureau (CFPB) to prevent it from enforcing a rule to restrict late credit card...
Visa Partners With Taulia/SAP To Provide Embedded Finance
Visa, a major digital payment company, has joined forces with Taula, an SAP company firm and a leader in providing working capital management solutions. The latest collaboration aims to...
Klarna Faces $733,000 Fine for GDPR Information Shortcomings
A Swedish court of appeal has ruled that Klarna, a Swedish payments group, has been fined 7.5 million crowns ($733,324) for violating the EU's General Data Protection Regulation (GDPR)....
Mastercard Introduces New Subscription Management Tool Powered By Open Banking
Mastercard has rolled out an open banking-driven subscription management tool that banks can integrate into their applications. According to a survey conducted by Mastercard, 73% of individuals cited that...
HKMA starts a new CBDC sandbox project to support the development of the tokenization market
The Hong Kong Monetary Authority (HKMA) recently started a new wholesale central bank digital currency (wCBDC) project. The goal is to render support to the development of the tokenization...
Robinhood teams up with KLUTCH Sports Group to enter the sports and entertainment sectors
The leading trading and investment app Robinhood recently announced a new partnership with a sports agency firm KLUTCH Sports Group. The team-up will allow Robinhood to move into the...
NatWest kills off its BNPL service less than two years after launch
NatWest, one of the UK’s leading banks, has announced that it will ditch its Buy Not Pay Later (BNPL) service. The bank, featuring over 18 million users, said that...
The Bank of England announces a cloud-based data and analytics platform after facing criticism
Recently, the Bank of England faced criticism from an independent review that commented on “nervousness” when it comes to adopting new technology. In response, the BofE announced that it...
Binance.US COO reveals the consequences the SEC’s lawsuit had on the exchange
In a new court filing, Chief Operating Officer (COO) of Binance.US, Christopher Blodgett, shared the difficulties that the exchange had gone through since the US Securities and Exchange Commission...