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...
wcms_582287

ILO calls for new strategies to help SMEs get loans

Bank loans can help firms improve job quality and productivity, but are often difficult to get for Small and Medium Enterprises (SMEs). Consequently, policy-makers...
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)...
World Bank Logo

Statement on Women Entrepreneurs Finance Initiative (We-Fi)

WASHINGTON, October 12, 2017 ‒ The Women Entrepreneurs Finance Initiative (We-Fi) donor countries today issued the following statement: It is with great pleasure that we officially launch...
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...
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...
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...
Hands Water Tap

Post-crisis restrictions on international banking can blunt growth prospects in developing countries

Growing restrictions imposed on foreign banks operating in developing countries since the 2007/9 global financial crisis are hampering better growth prospects by limiting the...
Bitcoin with credit card and POS terminal

Lloyds Banking Group shuts down all crypto credit card transactions

Are we witnessing the murder of Bitcoin? Knives are out for the biggest and (so far) bestest crypto on the block. HAL WILLIAMS looks...
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...