Risk101 Group

Facebook, Reliance | April 23, 2020

Facebook (FB.O) is set to spend $5.7 billion to buy a 9.99% stake in Reliance Industries’ (RELI.NS) digital arm, as it looks to roll out services for India’s grocers and small businesses by capitalizing on WhatsApp’s extensive reach in the country. The deal announced on Wednesday is Facebook’s biggest since its $22 billion buyout of WhatsApp in 2014 and will give the Menlo Park, California-based firm a stake in Jio Platforms - the digital services entity that house...

Edward Jones | July 28, 2020

Financial-services firm Edward Jones announced today it is renewing its strategic alliance with the Alzheimer's Association, committing $25 million over the next five years. The commitment matches the $25 million already raised by Edward Jones, its associates and communities since launching the alliance in 2016. The total investment, over the course of 10 years, is the largest commitment ever pledged by a corporate partner to the Alzheimer’s Association and is being used to enhance car...

Money.com | October 12, 2020

In March when COVID hit, America hit a historical low point in our US economy. The combination of a pandemic and 22 million people filing for unemployment, led us to an all-time low in consumer optimism. America is now starting to regain its footing, and we are now open to spending more. In order to understand how the pandemic has shaped our spending behaviors, Money and Morning Co...

JPMorgan | February 24, 2020

US banking giant JPMorgan is to launch a UK digital bank later this year in an attempt to acquire a share of an increasingly crowded market. The bank will adopt the Chase branding and offer a number of savings and lending products, according to Sky News. JPMorgan will be following the lead of rival Goldman Sachs, which launched its Marcus brand in the UK in 2018 and now boasts over 300,000 customers. Rumours of JPMorgan's intentions have been circulating for some time. In June 2019, the US b...