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Wells Fargo, Mastercard Back Bilt, Which Turns Rent Into Points

Bilt Rewards, which offers a loyalty program and credit card that converts rent into reward points, raised $60 million from investors including Mastercard Inc. and Wells Fargo & Co., giving the startup a $350 million valuation.
Wall Street’s Message on Evergrande: China Has It Under Control

Wall Street analysts are putting their faith in the Chinese Communist Party.
Richest Banker Says Evergrande Is China’s ‘Lehman Moment’

Many analysts are predicting that the cash crunch at China Evergrande Group is unlikely to become China’s version of the 2008 Lehman Brothers crash. The world’s richest banker begs to differ.
SNB Worries About Threats Posed by World’s Lowest Interest Rate
Sun Hung Kai Disputes Report China Pressing Hong Kong Developers

Hong Kong’s biggest developer and a real estate industry group poured cold water on the notion that the Chinese government is putting pressure on the city’s developers.

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