India Joins Top 100 In World Bank’s Ease Of Doing Business Index
India ranked 130 in the World Bank’s ease of doing business ranking in 2016 but is expected to jump 30 spots and enter the top 100 ranking in 2017. A local Indian newspaper reported that the improvement from last year’s
Read MoreGoldman Sachs Hints At Possible London Exit On Twitter
There have been a number of global banks, leading financial companies and asset managers who have not been happy with Brexit as these firms all have an established presence in London which is recognized as the leading global financial hub.
Read MoreRussia Creates Its Own Cryptocurrency Called The ‘CryptoRuble’
Russia is one of the countries that has not adopted a friendly stance towards the cryptocurrency industry as President Vladimir Putin had earlier banned the use of cryptocurrencies in the country. So it came as a surprise to everyone, when
Read MoreIndian Banks Continue To Suffer Amidst A Struggling Economy
When Prime Minister Narendra Modi and his BJP government were voted into power, the Indian economy was thriving and millions of Indians expected PM Modi to take India to the next level. The dynamic PM introduced major change in India
Read MoreStandard Chartered Probed On $1.4bn Illegal Cash Transfer
Guernsey’s Financial Services Commission and the Monetary Authority of Singapore (MAS) are investigating Standard Chartered Plc over a transfer of US$1.4 billion of assets from a private banking client which happened in late 2015 before Guernsey had adopted new tax
Read MoreUS Banks Charging Customers High Fees For ATM Transactions
A new report from Bankrate.com shows that U.S banks have raised ATM transaction fees for the last eleven consecutive years for customers who use out-of-network ATM machines. Banks have increased their charges by more than fifty percent during the last
Read MoreHSBC Hit With $175m Fine For Unsafe Forex Trading Practices
HSBC Bank has had to face a number of financial penalties in recent times due to poor governance and forex trading violations. HSBC hasn’t been the sole violator as the UK’s Financial Conduct Authority (FCA) along with U.S. Commodity Futures
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