Framing a secure future is the greatest gift one can give someone. It is Father’s Day today. And what better gift can one think of, than curating a financial life plan for father that could serve him even when the child is not around, and provide him with the financial security and stability he...
Read MoreWritten by Khushboo Narayan, edited by Explained Desk | Updated: Jun 19, 2021 6:53:27 PM The Reserve Bank of India (RBI) on Friday granted Centrum Financial Services Ltd (CFSL) approval “in principle” to create a small finance bank (SFB), paving the way for take control of the scam-infested Punjab and Maharashtra Co-operative (PMC) with...
Read MoreThe business-to-business (B2B) model is the type where one business trades with another business, such as a wholesaler or retailer. Usually, this pattern is characterized by a massive flow of assets, stocks and finances. The huge amount of transactions that take place in the B2B marketplace could be very complicated to manage. Without proper...
Read MoreRoyal Dutch Shell President Sir Andrew Mackenzie has been appointed to sit at the top of UK Research and Innovation, the government body responsible for keeping the country at the forefront of innovation. In this context, he will have to focus on the enormous challenges facing the UK economy in terms of innovation. These...
Read MoreThis content was published on June 18, 2021 – 09:00 Credit Suisse’s disastrous Greensill and Archegos investments have highlighted the destructive side of banking. Regulators and politicians are asking what the Swiss bank did wrong and what can be done to protect investors from future risk-assessment failures. Matthew Allen June 18, 2021 – 09:00...
Read MoreThe Basel Committee on Banking Supervision (Basel Committee), a committee of central bankers and global regulators, issued a Advisory document June 10 on the prudential treatment of crypto-asset exposures for international banks (the Proposal). The Basel Committee requested comments by September 10, 2021. Despite the relatively limited exposure that international banks have incurred so...
Read MoreJune 18 (Reuters) – The Bank of Japan on Friday unveiled a plan to increase funding for the fight against climate change, a surprise move underlining the growing importance of the issue for central banks. Here’s a look at how some of the world’s biggest central banks are dealing with climate change risks and,...
Read MoreCredit Suisse chairman, António Horta-Osório, is warning of a “tough period” ahead for the bank. Keystone / Andy Rain Credit Suisse’s disastrous Greensill and Archegos investments have highlighted the destructive side of banking. Regulators and politicians are asking what the Swiss bank did wrong and what can be done to protect investors from future...
Read MoreThe plan to privatize two public lenders has cast a veil of sadness on bank workers who fear the loss of jobs and pensions, with unions promising indefinite strikes to counter any unfavorable announcements. People who have joined state-owned banks with job security in mind believe that while mergers have largely not led to...
Read MoreThe number of UK adults who hold cryptocurrencies such as bitcoin has risen to around 2.3 million, despite warnings from regulators and the head of the Bank of England that people should be prepared to lose everything. silver. Research by the Financial Conduct Authority also revealed that nearly 20% of buyers said they were...
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