Alibaba’s Affiliate Finance Business Launches Online Bank
The finance arm of Alibaba has launched an online bank, which aims to utilize the company’s customer data to supply finances to small businesses. The owner of MyBank, the above-mentioned online bank, is Zhejiang Ant Small & Micro Financial Services
Read MoreBinary Options Brokers Withdrawing Ukash
As you may be aware, many of our featured Binary Options Brokers give their traders a very large and diverse range of banking options to allow them to seamlessly and instantly be able to fund their trading accounts. However, one
Read MoreCole Commission Report Poses Ways to Turn UK’s Trade Deficit
The Cole Commission’s final report has urged Britain to aggressively support and finance export deals to reverse its trade deficit of three years. Last year, the Labor Party had commissioned the Cole Commission to suggest ways to rejuvenate UK’s export
Read MoreBritain to Advise China on PFI
UK Treasury officials have gone to China to show them effective ways of private sector utilization in public projects such as construction of hospitals and schools as well as the adoption of private finance initiative (PFI). Ever since the Treasury
Read MoreLBS and HEC Paris Top Financial Times Rankings
London Business School (LBS) and HEC Paris continue to retain their top positions in the Financial Times list of post-experience and pre-experience Masters in Finance courses, respectively. These schools have been at the top ever since Financial Times first published
Read MoreGreek Banks May Not Open on Monday
The European Central Bank (ECB) stated at a meeting of finance ministers of EU member states that Greek banks might have to remain closed on Monday. In recent days, alarmed Greek savers have been withdrawing their deposits in large numbers,
Read MoreUK Ready for a Grexit
With it beginning to look more and more like Greece will be leaving the European Union and if so will be forced to ditch the Euro as their currency, this is something that cannot and should be ignored by anyone
Read MoreGE Plans to Expand Ship Finance Business
On Tuesday, General Electric Co. revealed plans to diversify its ship finance business, which is worth $48 billion. GE’s marine business, which was launched in January, provided services and engines to foreign energy companies. The company’s GE Capital Aviations Services
Read MoreCitigroup’s Commodity Trade Finance to Expand in Latin America
A variety of unfavorable factors such as the sanctions imposed on Russia, tough competition, and weakening oil prices are forcing commodity trade finance firms, including Citigroup Inc, to make some quick changes in plans. Citigroup Inc., which had started a
Read MoreHSBC to Rename its UK Retail Bank
Residents of Britain will no longer see the name of HSBC as the bank is making preparations to give a brand new name to its retail arm in the UK. The bank has announced that it will do so as
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