India’s BoB Suspends Two Senior Executives Over Forex Scam
India’s Prime Minster Narendra Modi and finance minister Arun Jaitley have been targeting corporation and individuals who have stashed black money overseas and have tightened their fiscal policies to ensure that money laundering schemes can be prevented. The Bank of
Read MoreWill Nimbys Thwart the UK Housing Market?
The UK is very eager to start a massive home building program and one aspect to this becoming a reality is house building companies being able to gain planning permission to start building on large sways of green belt. However
Read MoreIs the UK Economy Slowing Down?
It would appear that the UK economy is facing something of a slow down if the most recent set of data released by the purchasing managers’ index is to be taken at face value, for the most recent set of
Read MoreSurvey Reveals Decline in Risk Appetite among UK Finance Firms
A survey of 122 chief financial officers (CFO) of UK’s biggest private firms and FTSE 350 companies revealed that the risk appetite and optimism of those heading the biggest corporate finance firms across the UK have fallen during the last
Read MoreUS Banks Try to Increase Number of Women in Workforce
The US finance industry is being pressurized to reduce the female dropout rate in the banking sector. Major finance companies such as J. P. Morgan Chase & Co, Goldman Sachs, Citigroup Inc., and others have realized that they cannot depend
Read MoreAudi, Skoda and Seat now Embroiled in the Emissions Scandal
Having been forced to admit that millions of their cars are fitted with a piece of software than give out false readings when a car was being tested for emissions, Volkswagen have been feeling the wrath of disgruntled and outraged
Read MoreBridgepoint May Acquire UK Builder M&S
Bridgepoint, a private equity company, is currently holding acquisition talks with McCarthy & Stone (M&S), the largest builder of retirement homes in the UK. According to a Sky News report, Bridgepoint is one of the few companies who have placed
Read MoreChina Promises to Provide US$3 Billion Climate Change Finance
Xi Jinping, the president of China, has promised to provide developing nations the funds they require to tackle climate change. China had pledged to supply US$3 billion to help developing nations reduce their carbon emissions in the biggest ever climate
Read MoreSantander UK Plans to Return to Investment Advice Sector
The UK arm of Santander, the Spanish bank, is considering the pros and cons of returning to the investment advice market, which it had abandoned in late 2012 because of tough laws. Santander had jumped into the banking sector after
Read MoreVolkswagen’s Emission Scandal Spreads to Europe
The Volkswagen scandal has spread all over Europe and the European Union (EU) has ordered investigations on all Volkswagen cars. Germany’s transport minister said that Volkswagen stands guilty of using “defeat services” across Europe, and this has led to Britain
Read More