Friday Apr 12, 2024
Mimo Raises £15.5m, Morgan Stanley Faces Money Laundering Scrutiny
SMB financial management platform Mimo secures £15.5 million in funding. Finance watchdogs press Morgan Stanley on work with wealthy clients flagged for money laundering. Plus, the rise of gray divorce and its major financial implications. Also, the US proposes issuing debt to fund Ukraine using profits from Russian assets.
Sources:
https://www.finextra.com/newsarticle/43968/smb-financial-management-platform-mimo-raises-155m
https://fortune.com/2024/04/11/finance-watchdogs-morgan-stanley-money-laundering/
https://theweek.com/personal-finance/gray-divorce-financial-implications
https://www.ft.com/content/6cb21054-ccfc-4cb9-ab58-516d80be94de
Outline:
(00:00:00) Introduction
(00:00:42) SMB financial management platform Mimo raises £15.5m
(00:03:09) Finance watchdogs press Morgan Stanley on work with wealthy clients who have been flagged about money laundering
(00:06:11) Gray divorce is on the rise and it can have major financial implications
(00:09:00) US pitches issuing debt to fund Ukraine using profits from Russian assets