Polaris news in economic times forex lender PZU, which owns Alior bank and is to acquire a majority stake in another Polish lender Pekao will not be merging them into one entity, PZU’s CEO Michał Krupiński said. PZU also isn’t planning any significant changes to Pekao’s operations.
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Blockchain is taking the world by storm. New innovative solutions are announced every week. But for a layman the technology remains little more than a buzzword, with more questions surrounding it that actual answers. Blockchain is already making a mark on the financial industry, and even though its effects will be hidden from end-consumers, it will no doubt revolutionize a lot of industries. 1 billion in less than three years.
With this in mind, we need to be honest with ourselves. We will not get a massive stream of unicorns in the near future coming out of the CEE region. The tech world has been buzzing with headlines in the past few months. 2017 by the European Commission and is facing more anti-trust litigation.