カテゴリー: Banking
All banking in the Pacific nation used to be done in cash but that is about to change on the main island of FunafutiTuvalu, one of the world’s most remote nations, has unveiled its first ever ATMs, at the headquarters of the National Bank of Tuvalu in …
Despite attempts to discredit him, Ahsan Mansur is determined to trace his targets with the UK’s helpDiminutive and softly spoken, Dr Ahsan Mansur does not project the image of a man able to strike fear into the hearts of hardened kleptocrats.Yet Bangl…
Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the countryThe Vietnamese property tycoon Truong My Lan has lost her appeal against the death penalty for masterminding a multibillion-dollar fraud scandal …
The Jubilee 2000 saw $130bn of debt written off, and yet we now find ourselves in a renewed global debt crisis, says Maria Finnerty of CafodThe Guardian is right to identify the global sovereign debt crisis as one of the most critical impediments to su…
Biggest reduction since December 2021 will allow 1tn more yuan to be released in form of new loansChina’s central bank announced a surprise cut to the amount of cash that banks must hold in reserve on Wednesday, hoping to boost the lending available to…
【連鎖破綻の始まり】【破綻する銀行リストを一挙公開】※4大銀行も含みま…
Tech dealmaker reported to be unreachable 10 days ago in latest case of a top executive going missing during Xi Jinping’s anti-corruption driveThe Chinese billionaire tech banker Bao Fan, who was reported missing 10 days ago, is cooperating with Chines…
Disappearance of China Renaissance chair raises fears of fresh crackdown on China’s finance industryA billionaire Chinese dealmaker has gone missing, plunging one of the country’s top investment banks into turmoil.Bao Fan, the founder and executive dir…
Relentless selling triggers questions about how Indian conglomerate – which denies allegations – will meet its loan obligationsWhy has the Adani Group shed US$90bn in value and what do short sellers have to gain?Follow our Australia news live blog for …
Report finds stock indexes provided by MSCI include companies using forced labour or constructing surveillance state in XinjiangMany of the world’s largest asset managers and state pension funds are passively investing in companies that have allegedly …
James Marape says failed deal cost country ‘in excess of $AUD340m’ and accused bank of overcharging by AUD$175mThe Australian arm of UBS should be banned from doing business in Papua New Guinea for ten years and former prime minister Peter O’Neill shou…
Ng, 49, found guilty of helping to embezzle money earmarked for development in one of biggest frauds in financial historyThe former Goldman Sachs executive Roger Ng has been found guilty of helping to steal billions of dollars from Malaysia’s 1MDB sove…
Roger Ng pleads not guilty to helping launder millions of dollars looted from Malaysian sovereign wealth fundOn the first day of a trial over the multibillion-dollar looting of a Malaysian government fund, US prosecutors on Monday accused a former Gold…
As debt-laden Chinese property giant enters 30-day grace period, officials look to limit unrest and job lossesThe embattled Chinese property developer Evergrande is inching closer to the potential default that investors fear, after missing an interest …
Embattled Chinese property giant allays some market concerns despite lack of guidance over $83.5m due on a separate offshore debtChinese property developer Evergrande has said it would pay some of the bond interest due on Thursday, allaying fears of an…