Personal bankruptcy is a major problem in the US. Back in 2005, personal bankruptcy filings reached an all-time high, with 2 million people filing. That number has decreased since then because medical insurance is more accessible. Back then 46% of bankruptcies were caused by medical expenses. If you’re worried about bankruptcy, there are alternatives so […]
Barclays Launches Digital Banking Hackathon with MuleSoft
Barclays and MuleSoft Join Forces to Drive Innovation in Financial Services with APIs LONDON – July 20, 2016 – MuleSoft, provider of the leading platform for building application networks, today announced that it has partnered with Barclays to host a digital banking hackathon. The hackathon will take place at Barclays Technology Centre Radbroke in Cheshire […]
Reliance Jio Arranges of a $1.5 Credit Facility to Refinance Existing Loans
Reliance Jio Infocomm has acquired credit facilities valued at $1.5 billion with lenders such as Barclays and Bank of America. This objective of this is to refinance the company’s existing loans. Refinancing Debt tied in 2010 It is said that the company will make use of these latest credit arrangements to refinance the debt that […]
Cardinal Trading Says No Easy Exits For Central Banks
Cardinal Trading says investors believing central banks can make an orderly exit from their interventions in the markets are mistaken. Tokyo, Japan -Cardinal Trading has told institutional clients that central banks will find it difficult to exit fully from their monetary experiment of quantitative easing. Johannes Feinberg, chief economist at the Asian market-focused investment house […]
Senator Levin suggests US should go after Russian banks and financial institutions because of actions in Ukraine
On May 1, 2014 Senator Carl Levin of Michigan asked for and was granted permission to address the United States Senate regarding the situation in Ukraine. Here is some of what he had to say: “In Ukraine, I met with Acting President Turchinov, Prime Minister Yatsenyuk, Defense Minister Koval, National Security and Defense Council Head […]
National Meet of Regional Rural Banks
Jammu and Kashmir: Regional Rural Banks (RRBs) were set up in 1975 to meet the institutional credit demand in the rural areas, especially among the economically and socially marginalized sections of the society. Today we have 57 RRBs, covering 635 districts with a formidable network of 18,299 branches and 9,701 ultra-small branches (USBs) in the […]
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