Dec 13, 2022 9:47:37 AM

Daily Highlights | 12th December

Knockout Stage Matches
Week 5 | Day 1
12th December 2022

Mitsubishi UFJ Financial vs. Sumitomo Mitsui Financial Group Inc

Today’s Score 0:0

Total Score 0:0

Drum roll!!!

The most awaited match of this tournament has finally begun!

The two banking teams that reached the final week are Mitsubishi UFJ Financials and the Sumitomo Mitsubishi Financial Group Inc. We’ve all seen how they managed to reach such a crucial stage of the tournament, which was not possible if they had not shown the determination and perseverance that they did throughout the tournament. 

The first round of the final week started off a little tricky, as no teams were able to score a point: thus a tie of 0:0 was maintained. This leaves only the four rounds in which the both teams will try to score three points to win the tournament. 

Let’s get into some details about these two amazing teams. 

Mitsubishi UFJ Financial Group, Inc. is a Japanese bank holding and financial services company headquartered in Chiyoda, Tokyo, Japan. MUFG holds assets of around US$3.1 trillion as of 2016 and is one of the "Three Great Houses" of the Mitsubishi Group alongside Mitsubishi Corporation and Mitsubishi Heavy Industries.

On the other hand, Team SMFG is a Japanese multinational banking and financial services institution headquartered in Tokyo, Japan. The group operates in retail, corporate, and investment banking segments worldwide. It provides financial products and services to a wide range of clients, including individuals, small and medium-sized enterprises, large corporations, financial institutions and public sector entities.

Both these teams have shown effective results in the recent quarter and have been investing in strategies that have helped them improve their fourth quarter performance. 

Who will be the final winner? Stay tuned. 


Loopring vs. Basic Attention 

Today’s Score 1:0

Total Score 1:0

So folks, we have reached the final week in the crypto world at last. 

The final week for the crypto club has also begun alongside the banking club. The teams reaching the finals are Loopring and Basic Attention. Who would’ve thought that in a club of world’s best crypto teams, these two would make it till the finals leaving everyone behind? Well, unexpected things like this happen in this tournament and that’s the beauty of it. 

In the first round of the final week, team Loopring scored the first point against Basic Attention. This was a good start by the team. 

Loopring (LRC) is an open-source platform that allows anyone to build high-performance decentralized exchanges (DEXs). Its goal is to combine centralized order matching with decentralized on-chain order settlement to form a hybridized project that maximizes the best aspects of both centralized and decentralized platforms.

Despite the saturation of cryptocurrencies in the market, team Loopring (LRC) continues to draw in new users with outstanding value and usability. The crypto winter appears to have worsened, but this team is heating up, and is looking into a potential bright future. 

Will they be able to achieve domination of three points against Basic Attention and ultimately win this tournament? We’ll soon find out. 


Third place playoff

Banco Bilbao Vizcaya Argentaria vs. Barclays 

Today’s Score 0:1

Total Score 0:1

Final week is accompanied by the third place playoff between the teams that lost in the semi finals. Fighting for the third place in the tournament are teams Banco Bilbao Vizcaya Argentaria and Barclays. 

On the first day of the playoff, team Barclays won the first round against team BBVA. This might be the first good point team Barclays have scored in quite a lot of time. 

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services. 

The stock of team Barclays counties its downtrend that its been experiencing since the start of December. However, it might be able to pull of some uptrend temporarily and win the third place. Will that happen? Stay tuned to find out soon!