Only 12% of family businesses stay in the family by the third generation. A Goldman Sachs chairman says optimism is the reason

WorldPing

François-Xavier de Mallmann steers Goldman's relationships with many of the world's largest family-controlled enterprises.

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CryptoSlate•

Goldman Sachs drops $2.25 billion to hijack the Bitcoin yield market and leapfrog BlackRock by 19x

BTCI listed a 26.73% distribution rate, a 1.62% SEC yield and a negative 41.66% one-year NAV return.

Brief by WorldPing · Original reporting by CryptoSlate

CNBC•

The ‘20% rule’ behind Giorgos Tsetis’ blueprint for a new kind of family office

Family offices are built to be patient with their money. Giorgos Tsetis is not.

Brief by WorldPing · Original reporting by CNBC

CNBC World•

Goldman says Japan's $1 trillion of reserves leaves 'plenty of capacity' for further yen interventions

Japan has enough cash at its disposal for a couple more rounds of yen-buying on the scale of last month's intervention, Goldman Sachs says.

Brief by WorldPing · Original reporting by CNBC World

WorldPing

The Guardian•

Transport watchdog investigates third near miss at Sydney airport

Two planes came close to collision on the runway on Sunday – hours after another near miss – making a total of three in recent weeks Get our breaking news email , free app or daily news podcast The transport safety watchdog is investigating a a third…

Brief by WorldPing · Original reporting by The Guardian