Wells Fargo loses steam in commercial lending as rivals pounce
Wells Fargo & Co's two biggest competitors have been nabbing market share in lending to commercial and industrial customers in the American heartland, a sign of how difficult it has become for the scandal-tarnished bank to defend its position against rivals.
Microsoft’s first attempt to create a lighter version of Windows 10 – which it dubbed Windows 10 S – didn’t go so well, because it did away with the platform’s best feature: its ability to run a crapton of legacy apps. Now, it’s taking another shot with Windows 10 Lean. That’s from the folks at Windows Central, which reports that the upcoming variant of the OS will be 2GB lighter than standard installations of Windows 10 Home or Windows 10 Pro. Welcome to Windows 10 Lean/CloudE/S (once again?)This new edition started shipping with this week's Skip Ahead build (17650)It seems… This story continues at The Next WebOr just read more coverage about: Windows,Microsoft
AS LONG as dirty money has been around, so has money-laundering. Between $800bn and $2trn, or 2-5% of global GDP, is washed annually, estimates the United Nations Office on Drugs and Crime. Criminals have swapped money for precious metals, mis-stated invoices, rinsed cash through casinos or simply strapped it to their bodies and flown to places where banks don’t ask questions. Now they have a new detergent: crypto-currencies.Such data as there are suggest that crypto-laundering is still a small share of the whole. But crypto-currencies’ attractions—global availability, the speed and irreversibility of transactions and the ability to hide identities—are plain. Rob Wainwright, head of Europol, Europe’s police agency, has estimated that 3-4% of the continent’s annual criminal takings, or £3bn-4bn ($4.2bn-5.6bn), are crypto-laundered. He thinks the problem will get worse. America’s Drug Enforcement Administration believes international gangs are using crypto-currencies...Continue reading