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| With $1.9 Billion Investment, Former Baidu Unit Challenges Fintech Rivals TPG, which manages more than $82 billion in assets world-wide, said the firm was eager to tap into China's growing financial services market. "As savings and lending activities move online, technology companies are able to use their big-data analytics to offer flexible micro-financing to the younger ...
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| Weekly Commentary: Conventional Wisdom When securities markets are strong (inflating), it's taken as a given that the financial system is robust. The problem, however, is that the underlying finance fueling the recent bull market has been patently unsound - and has been so for three decades of recurring boom and bust cycles. A wise person said ...
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