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...
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...
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...
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...
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...
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...
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...
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)...
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...
