Unemployed Deutsche Bankers

Workers out on the streets as massive job cuts bite at giant Deutsche Bank

DEUTSCHE Bank is cutting thousands of jobs in London and New York, part of a radical plan to reduce its global workforce by 18,000. (Click...
UK currency, pound stering

Cash isn’t dead — yet — but report warns that its days are numbered

Remember jingling coins in your pocket, and folding crisp banknotes into your wallet or purse? According to a new report, pretty soon all you’ll...
Global Trade Finance

Seven international banks sign-up for global digital network for SME finance

CHEAPER and easier funding for corporates via a global digital network in trade finance: this is the goal of a Memorandum of Understanding (MoU)...
Islamic law

Sharia banking weaves moral fibre into the West’s oft-flawed system

No pork, no porn, no booze: this traditional Islamic take on finance and funding relies on ancient ethical codes — and ensures lender and...
Unemployed Deutsche Bankers

Deutsche Bank cuts thousands of jobs to keep ‘doing what it does do well’

New CEO Christian Sewing comes out swinging as troubled German lender struggles towards promised turnaround DEUTSCHE Bank has announced it will cut more than 7,000...
Office Colleagues

More to employee satisfaction than monetary gain, report shows

FINANCIAL professionals have voted Goldman Sachs the world’s top company to work for. Research by eFinancialCareers was conducted via an online survey between the months...
Scales of Justice, Currencies

Fast moves mean head start in high-paced fintech arena

A LONDON-based fintech start-up profiled in BV’s feature on the recent Gibfin conference, Lendo, is making headlines for its pioneering approach towards regulated cryptocurrency. Forbes...
Yemeni Military Shibam

Drug cartels, weapons, banks and the Greenback — illicit trade continues, former whistleblower claims

Major banks are unwittingly laundering drug money to fund international arms deals, a former US Senate candidate tells BV editor HAL WILLIAMS US BUSINESS intelligence...
Blockchain

New Cryptocurrencies, Same Old Problems

Based on insights from SARIT MARKOVICH, clinical associate professor of strategy at the Kellogg School RECENTLY there has been an explosion of global interest in...
Bitcoin and dollars

Banking group’s Bitcoin block ‘won’t halt crypto trading’

Lloyds Banking Group has blocked credit card transactions for cryptocurrency purchases, but that lacks logic – and may even increase demand, say experts By HAL...