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Impact Measurement Tool Introduced By UK Impact Investment Bank

Impact Measurement Tool Introduced By UK Impact Investment Bank

UK Impact Investment Bank Launches Impact Measurement Tool

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Demonitization Causes Currency Crisis, Badly Affects Five Sectors

Demonetization Causes Currency Crisis, Badly Affects Different Sectors

Prime Minister Narenda Modi had scrapped off the Rs 500 and Rs 1,000 notes, hurting different sectors of the economy. The move resulted to decreased sales and slowed operations on sectors like automobiles, tourism, banking and e-commerce.

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Axis Bank MD And CEO Shikha Sharma Predicts Retail And SME Sectors As The Next Bubbles

Axis Bank MD And CEO Shikha Sharma Predicts Retail And SME Sectors As The Next Bubbles

Reports have foreseen that retail and sme sectors will be the next bubbles.

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TD Ameritrade - TD Bank  Deal Is At Close To Scottrade Deal

TD Ameritrade - TD Bank Deal Is At Close To Scottrade Deal

The deal between TD Ameritrade and Bank Deal is almost near to the scottrade deal.

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2016 Bank of America Chicago Marathon Commences; Chumba, Kiplagat Aims to Defend Titles

2016 Bank of America Chicago Marathon Commences; Chumba, Kiplagat Aims to Defend Titles

Men and Women came to join again the said marathon to defend their titles and to be the best of the best.

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Wells Fargo CEO Faces $40M Forfeiture Scandal; Special Committees to Review

$400M forfeited by Wells Fargo

Wells Fargo is at the middle of big scandal right now as it is being investigated by board and senate.Answers several authority inquiry.

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Wells Fargo & Co. Bank Branches Ahead Of 4th Quarter Earnings

Wells Fargo Settled $1.2 Billion Over Bad Housing Loans Secrecy

As settlement for hiding bad loans and house desolation, Wells Fargo will pay $1.2 billion. The bank lender admitted of cheating the government by insuring thousands of risky mortgages although they are not eligible.

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China's Central Bank Lifts 2nd Home Mortgage Down Payment

Zheshang Bank Co. Postpones Gauging Demand for $1 Billion Hong Kong IPO

Due to some investors' difficulty in transferring their cash out of mainland China, Zheshang Bank has decided to postpone their $1 billion Hong Kong IPO.

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Chinese Central Bank Governor Zhou Xiaochuan Holds Press Conference

China Replaced The Chairman of Its Top Securities Regulator Over Market Turbulence

China’s ruling party decided to replace the country’s chairman of the securities regulator, Xiao Gang, with former central banker Liu Shiyu. The regulator has taken the blame for failing to stabilize the market turbulence in the country over the year.

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China Scraps Yuan Peg To US dollar

China's central bank reveals plan to launch digita currency

The timeframe to this plan is still unknown, but the central bank claims that the process has been going on since 2014. China has stated some benefits for having a digital currency in their financial system, including transparency, digital track-recording, as well as reducing transaction costs. Bitcoin, a global digital currency, gained popularity in China in 2013 but has also brought some controversies about the risks.

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Alibaba logo

Alibaba finance arm, Juneyao airline both get private bank approval

Alibaba Group Holding Ltd's finance arm has been given government approval to set up a private bank, China's banking regulator said on Monday, the latest step in the e-commerce company's push into the financial services sector.

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Goldman Sachs

Goldman to face Libya's sovereign wealth fund in court over trades

Goldman Sachs (GS.N) and Libya's sovereign wealth fund are set to meet in a London court over claims the Wall Street bank exploited a position of trust by encouraging the fund to invest more than $1 billion in trades that ended up worthless.

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Pudong financial district in Shanghai

China's July economic data points to further softness

China's economy showed further signs of softening in July despite a burst of government stimulus measures, suggesting more policy support may be needed to keep growth on track as a property downturn worsens.

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Euro

EU seeking creation of bank to oversee banks in the EU

Germany's coalition government formalized a measure to provide funds and expertise for a European bank to manage the loan agreements and if necessitated, closure of banks.

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National Bank of Abu Dhabi

National Bank of Abu Dhabi said to be world's safest bank

According to Global Finance, the National Bank of Abu Dhabi is acclaimed as the world's safest bank.

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