Banking

How Investment Banks Make Money?

Most banks offer different investment opportunities for their customers. Despite that there are traditional banks as well as investment banks. The term, investment banks, is heard quite often. In most of the cases it is overlooked and considered the same.

What is Money Laundering and Why is it Illegal

You must have heard the term money laundering many times in your life. Many times in the news, there is a story revolving around a drug cartel or a criminal who was caught at the airport and charged with money.

How much of my savings should I invest?

Personal finances are always a complicated matter. How much of my savings should I invest? This particular question always comes to mind. When you are starting to become an adult, managing finances can seem very difficult to manage. But with.

Deutsche Bank eagerly took on clients dumped by JP Morgan Chase. Now it’s facing big fines

The trio of clients that got Deutsche Bank AG in regulatory trouble this week had a shared back story: They were all castoffs of JPMorgan Chase and Co. Deutsche Bank moved millions of dollars across the globe for convicted sex.

Facing a massive income tax hit, Britain puts the heat on bankers to get back to the office

Subscribe to How To Reopen, our weekly newsletter on what it takes to reboot business in the midst of a pandemic. Bankers who waited out Britain’s lockdown beyond the U.K.’s borders are being told by their employers that it’s time.

China is testing its digital currency on a new platform—with 500 million users

Chinese ride-hailing giant Didi Chuxing Technology Co. will test a pilot version of China’s digital currency, according to a company statement on Wednesday that announced a “strategic partnership” with the central bank’s Digital Currency Research Institute. The People’s Bank of.

The coronavirus crisis is increasing the risk of bank fraud. Here’s how banks can play defense

Banks have enjoyed something of an unlooked-for reprieve during the COVID-19 crisis. Over the last decade, the industry was subject to increased regulatory scrutiny and public scorn triggered by misconduct scandals. During the coronavirus shutdown, however, banks have been critical.

The mystery of venture capital’s PPP funding

The Trump administration released the list of companies that had received loans aimed at small businesses on Monday—and eyebrows raised when the names of prominent venture capital firms were cited among the recipients. According to the SBA data, Index Ventures.