PBOC will eventually ban all non-bank payment agencies from using clients’ money

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PBOC will eventually ban all non-bank payment agencies from using clients’ money
Will China shock yuan devaluation and stock market trouble force the Fed to delay its rate hike? via Investing.com

PBOC in move on payment agencies

Chinese 100 yuan banknotes are seen in a counting machine while a clerk counts them at a branch of a commercial bank in Beijing, March 30, 2016. [Photo/Agencies] Third-party paying platforms required to deposit customer funds in banks China’s central bank, or PBOC, said on Friday that it will eventually ban all non-bank payment agencies, including…

Leon Cooperman Likes These Real Estate, Credit And Private Equity Funds

InvestMany famous hedge fund managers engage in philanthropy, often through their own foundations. Leon Cooperman of Omega Advisors founded his foundation with his wife Toby, and he invested the foundation's funds into many hedge funds and other assets. Q3 2021 hedge fund letters, conferences and more Here are Leon Cooperman's favorite hedge funds based on Read More

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