IFC: Why Corporate Governance Is Crucial to Myanmar’s Growing Private Sector

Emerging from decades of isolation, Myanmar is undergoing major reforms to become a more market-driven economy. Many are hoping for a meteoric rise of...
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...
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...
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...
Mixed bank notes, pound, euro, dollar

IMF warns of debt ‘timebomb’ thanks to ‘cheap money’ borrowing policies

THE International Monetary Fund warns that low interest rates are encouraging companies to take on a level of debt that could become a “timebomb”. The...
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...

Credit Suisse chief steps down over bank’s corporate espionage scandal

CREDIT Suisse CEO Tidjane Thiam has resigned after a boardroom battle over a corporate spying incident. Shares in Credit Suisse dropped four percent at news...
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...
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)...
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...