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Thursday, January 23, 2020

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College-savings startup U-Nest just added $1.5 million to its seed round....

U-Nest just nabbed an additional $1.5 million in seed funding from investors including Northwestern Mutual Future Ventures and Group 11.Ksenia Yudina, founder of U-Nest, left her job as a financial advisor at Capital Group American Funds to launch a college savings fintech. U-Nest is an app-based fintech that offers users the ability to set up a…

Trump’s trade deal with China looks designed to implode

Trump's trade deal with China is so weak it looks like it's designed to implode.The language in the deal leaves a lot of room for argument, it's not hard to leave and, the enforcement mechanism turns every dispute into a game of political football.Plus, no one in Washington owns this deal except for the White…

Wells Fargo is advertising more tech jobs and fewer risk and...

Wells Fargo is looking to staff up in tech roles and wind down hiring in risk-, regulatory-, and compliance-related positions, according to a job-listing analysis from Jefferies and the data provider Thinknum."The fact that risk/compliance listings are down could suggest a peak in related hiring," Ken Usdin, an analyst, wrote in a research report on…

HSBC is facing backlash in Hong Kong after an account closure...

This story was delivered to Insider Intelligence Banking subscribers earlier this morning.To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here.HSBC is dealing with tougher backlash in Hong Kong after an account closure sparked anger among protestors, leading them to vandalize branches and cash machines, The…

Trump’s trade deal with China left out some of the very...

AP Photo/Evan VucciPresident Donald Trump hailed the easing of trade tensions with China as the "biggest deal there is anywhere in the world." But it failed to address some of economic issues at the heart of the bitter dispute, raising questions about whether it was worth nearly two years of bruising tariffs.  Even administration officials…

Tink is targeting further European expansion with its $100 million capital...

This story was delivered to Business Insider Intelligence Fintech Pro subscribers earlier this morning.To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here.Tink, a Sweden-based open banking platform, has secured €90 million ($100 million) in a funding round co-led by Dawn Capital, HMI Capital, and…
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