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  • Brazil’s largest lender Itaú is stepping deeper into the tokenization

    Itaú Unibanco said it teamed up with tokenization specialist OpenAssets to test tokenized bonds and funds in a pilot run by Brazil’s financial watchdog ANBIMA.

  • Putin Pardons Ailing Former US Marine After Years In Russian Prison

    Putin Pardons Ailing Former US Marine After Years In Russian Prison A Marine veteran who had been held in Russian prisons since his arrest in January 2022 has been released back to US custody, reportedly after a consistent pressure campaign from Trump administration officials and global advocacy groups. 32-year old Robert Gilman, a former US Marine…

  • How much will cybersecurity costs rise?

    Here is one (partial) estimate of the higher cyber costs.  I am not sure how many incidents they have in mind, but this seems to me realistic as an estimate but also rather modest relative to the Angst I am seeing?  Not quite “a Gilda Radner thing,” but if nothing else shows the usefulness of…

  • Trump says NYC pied-à-terre tax ‘must be stopped,’ eyes federal block

    Trump in a Truth Social post called Mamdani’s pied-à-terre tax a “dangerous political ‘experiment’ in New York will destroy” the city and state.

  • EToro reports second quarter crypto loss even as total profit beats estimates

    The trading platform’s gross crypto revenue fell to $1.35 billion in the second quarter. It also agreed to buy U.S. brokerage TradeZero for up to $231 million.

  • Tuesday assorted links

    1. “The fraction of women who undergo this procedure who go on to bear a child with the frozen eggs is around 2%.” 2. Long Mark Zuckerberg/Meta piece on the future of AI. 3. “According to Bloomberg Intelligence, companies in the S&P 500 are expected to post an average +29% jump in quarterly earnings for…

  • Results of the Semi-Annual FX Turnover Surveys in April 2026

    In April 2026, 25 financial institutions active in the UK foreign exchange (FX) market participated in the semi-annual turnover survey for the Foreign Exchange Joint Standing Committee (FXJSC). The survey results are summarised below. Detailed tables for the April 2026 reporting period, linked below, are available separately.

  • Atlassian Just Pulled Off the Software Comeback Wall Street Wanted

    Atlassian shares jumped 35% after strong fiscal Q4 2026 earnings and a growing contract backlog, prompting 14 new analyst price targets despite guidance for slower fiscal 2027 revenue growth.

  • Tony Blair’s son seeks $200m for new defence startup, reports say

  • China tightens grip on Europe’s car supply chain

    Acquisitions of local parts makers amid resistance to Chinese exports have worried EU officials

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