Thursday, September 29, 2022

Bank of China fraud: Italy seeks trial for 300 people

Italian prosecutors want to indict the Bank of China's Milan branch and almost 300 people over a money-laundering scheme.Prosecutors in Florence allege €4.5bn ($5.1bn,...

US: A Moral Case for Putting a Stop to Payday Lending Abuses – Whitehouse...

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Summary: Senior members of the Obama Administration meet with religious leaders to discuss the moral obligation for stronger consumer protections. Today, we hosted a remarkable group...

​Iranian bank joins SWIFT breaking blockade

Iran's Day Bank has announced joining the SWIFT transaction system, which facilitates worldwide bank transfers. The private system cut off Iranian financial institutions in...

Islamic Banking Lands In The Heart Of Europe

Despite a significant Muslim population, up to now Germany has been unchartered territory for Islamic banking, whose largest European hub is in London. But...

How I Saved $36,000 With This Simple Trick

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Do this, and you’ll never look at a $5 bill the same again.Pull up a chair and get comfortable because I’m about to tell...

The impact of Diaspora remittance on the Kenyan economy

Kenyans in the Diaspora are constantly sending money home. It could be for investments, or to support to family members left behind. Sometimes it...

Vacancies: African Development Bank Group – Nigeria

There is an ongoing recruitment into different positions at the African Development Bank Group (AfDB). The African Development Bank Group is a multilateral development...

3 Ways to Turbocharge Your Income

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Investment income accounts for as much as three-quarters of their total income. The typical member of the seven-figure club earns a nice paycheck, but it’s...

Big Banks Plead Guilty To Market Manipulation, Will Pay $5.8 Billion

The age of multibillion-dollar bank fines with no admission of wrongdoing is over. The Justice Department announced Wednesday morning that five banks pleaded guilty...

Nigeria’s Akinwumi Adesina Elected as African Development Bank President

Akinwumi Adesina, who served as Nigeria’s agriculture minister in the outgoing government of Jonathan Goodluck, has been elected as the new president of theAfrican...