Banking

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.

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.

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.

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.