Lafferty daily briefing

US president Donald Trump has tapped former OneWest CEO Joseph Otting as the next Comptroller of the Currency. The influence of Steven Mnuchin is evident: Mr Otting was chief executive of OneWest at a time when Mr Mnuchin was chair of the bank, which Time magazine described as a “foreclosure machine”. The role includes oversight […]

Lafferty daily briefing

Mary Meeker of US venture capital firm Kleiner Perkins presented the firms’s annual Internet Trends survey this week. Lafferty News is still waiting for someone to invent an app that reduces the 355 slides to a manageable ten or so. For readers of Lafferty News, there’s no big shockers in here, as technology news has […]

Lafferty daily briefing

The financial media is marvelling over Amazon shares breaking the $1,000 barrier, with Apple and Alphabet not far behind, but we’ve been keeping a close eye on Tencent, and here’s another interesting piece on the roots of WeChat’s success: “It’s a familiar story for students or businessmen on their first-ever visit to China. After rounds […]