China’s Bank of Communications’ first-half profit up 4.8%
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JPMorgan debuts first money market fund tokenised on Ethereum
MONY, open to qualified investors, allows them to earn a yield while holding the token on the blockchain
JPMorgan lets rich European clients borrow against luxury cars
The Wall Street giant’s private bank will give clients the option of borrowing against classic, rare or custom-designed automobiles
McKinsey plots thousands of job cuts in slowdown for consulting industry
The firm’s revenue growth has flatlined in the last five years, leading to a reset after rapid hiring over the prior decade
