Category: International Start Up
Two small banks failed in October. They won’t be the last if COVID leaves some businesses struggling to pay loans.
Banking experts say they won't be the last.
At least 50 of the country's more than 5,000 banks are considered troubled, according to Bauer Financia [...]
Ghana, African Development Bank Group sign MOU for 2021 Annual Meetings
“We promise to champion African excellence and deliver a befitting event. We will leave no stone unturned to ensure that this is a seminal event.” – K [...]
Nasdaq in crisi? Perché l’annuncio del vaccino penalizza i titoli hitech. La rivincita della old economy
Ma che cosa sta succedendo? La notizia che il vaccino antiCovid messo a punto dalla statunitense Pfizer e dalla tedesca BioNTech oltre che essere effi [...]
“Banche, l’Ue cambi norme sui crediti”
Introdurre delle modifiche temporanee alla normativa europea sui crediti deteriorati, pensata in tempi «normali» e ora inadeguata.
Obiettivo: difen [...]
The Battle to Keep America’s Black Banks Alive
A half-century ago, the federal government set out to attack the racial wealth gap by supporting Black-owned banks. Policy makers hoped the banks woul [...]
How Can A Business Bank Account Help Your Small Business Grow?
Millions of Americans have lost their jobs during 2020 due to the Covid-19 pandemic, and many of those Americans may be considering starting a bus [...]
The Reserve Bank may cut interest rates to very close to zero — so what does that mean for borrowers and savers?
The Reserve Bank meets on Tuesday to decide whether or not to lower its cash rate target to 0.1 of a percentage point (from 0.25 percentage points).
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Warren Buffett plowed $5 billion into Bank of America during the debt crisis. Here’s the story of how the investor helped the bank and made a fortune in the process.
Warren Buffett invested $5 billion in Bank of America in August 2011, providing a crucial vote of confidence and cash cushion to the struggling le [...]
How conversational AI mitigates the impact of bank branch closure
The pandemic has forced many businesses to temporarily close their locations. It specifically impacted the banking industry on a global scale. TSB, a [...]
Bank of Canada phasing out 3 programs set up in early days of COVID-19 to provide emergency liquidity
The Bank of Canada is winding down three emergency programs it set up to provide support to financial institutions during the early days of the pandem [...]
