AGP Executive Report
Last update: 2 hours agoBig Tech vs Banks: A London Business School professor says Apple, Amazon and Google could be a bigger long-term threat to traditional banks than fintechs, because they’re taking control of the customer relationship; he expects a hybrid future where banks and fintechs both compete and cooperate. Crypto Payments Push: Sui rose 4.43% to $1.23 as traders watched $1.27 for a breakout; Mysten Labs’ co-founder framed Sui as payment infrastructure aimed at eventually replacing SWIFT. UK Housing Finance: Five-year fixed mortgage rates hit 6% for the first time in over three years, adding pressure for homeowners and buyers. Tokenisation in Practice: India’s RBI launched Demat 2.0, a live pilot for tokenised corporate bonds, as the country moves from digital payments toward broader blockchain use in capital markets. Regulated Market Expansion: South Street Securities expanded into the UK via an FCA-authorised subsidiary, South Street Global Ltd, to extend capital markets and repo financing capabilities. Water & Investment Planning: Global Water Intelligence and Corporate Water Leaders will run an industrial water action workshop in Jakarta to turn West Java water challenges into investable projects.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.