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Norway, the world"s most cashless country, is testing a central bank digital currency after 4 years of research
After four years of research, the central bank will proceed with technical testing of a CBDC, which it said will continue over the next two years. A general view of the Norwegia.....»»
How DeFi Could Irreversibly Change The Lending Landscape
A lot has changed in the world of finance in recent years. The traditional bank loan has become harder .....»»
These are the top ten public businesses in Canada
Over the past few years, Canada has moved up in the rankings of the world’s most competitive financial centers. There are several factors .....»»
Need to Know: Bank of America on the new world order: Bigger governments, tech wars, less privacy, and ‘health the new wealth’
Bank of America says the pandemic will accelerate many macro trends that would have taken five or more years to play out......»»
Lawsuit claims 10 big banks rigged market for "odd-lot" U.S. corporate bonds
Ten of the world's largest banks, including JPMorgan Chase and Bank of America , have been sued for allegedly conspiring over nearly 14 years to rig prices in the $9.6 trillion U.S. corporate bond market, costing ordinary investors billions of dollars......»»
Market Extra: The World Bank has an insurance policy against virus outbreaks. Here’s why it hasn’t paid out
The World Bank’s pandemic insurance has yet to pay out any funds in the three years of its existence......»»
10% of Central Banks Surveyed Close to Issuing Digital Currencies: BIS
A fifth of the world's population may well have access to a central bank digital currency in as little as three years, according to a BIS survey......»»
Highest Paid CEOs of the Year
The United States, according to World Bank estimates, has some of the worst income inequality in the developed world. And in recent years, the problem only appears to be getting worse. In addition........»»
World Bank buys a D.C. office building for $129.5M
The World Bank has operated out of 1776 G St. NW for more than 30 years. On Thursday, the international organization of 189 member nations bought it. Washington Real Estate Investment Trust (NYSE: WRE) sold the 265,000-square-foot office building to the .....»»
How the U of M nearly tripled its academic fundraising in five years
Over the past six years, the University of Memphis has seen an unprecedented rate of growth and success. It’s earned a spot in the U.S. News World and Report rankings for the first time, improved its graduation rate from 43 to 53%, and recruit.....»»
U.S. loses top spot to Singapore in competitiveness rankings
The U.S. dropped from the top spot in the World Economic Forum’s annual competitiveness report, losing out to Singapore......»»
BOJ Cuts Purchases Of 5-10 Year Bonds For The First Time Since December
One of the more jarring, if underreported shifts in the world of central bank finance over the past three years, was the dramatic d.....»»
Johns Hopkins is still the nation"s 3rd best hospital, U.S. News says
Johns Hopkins Hospital remains the third-best hospital in the country, according to U.S. News & World Report. The renowned Baltimore medical center has held the position for three straight years, according to the 2019 rankings released Tuesday. Hop.....»»
For The First Time In 6 Years, No Central Bank Is Hiking
The global central bank experiment with renormalization is officially over. After roughly half the world's central banks hiked rates at least once in 2018, the major central banks have returned to easing mode, and as the chart below shows, for the fir.....»»
India fastest growing but must create 8.1 mn jobs annually: World Bank
World Bank projected the growth rate to increase further to 7.5 per cent in the following two years.....»»
Wells Fargo’s "coolest exec" leaves bank he helped shape in the online and mobile world
Steve Ellis, the head of Wells Fargo’s innovation group, is retiring after more than 30 years with the bank helping the bank advance its online- and mobile-banking presence. Ellis was not your typical bank executive. When he took himself and his .....»»
India shows how sexual assault against women can hold back rise of nation
In the eight years from 2004, about 20 million women (the size of the combined populations of New York, London and Paris) vanished from India's workforce, the World Bank estimates.....»»
Times Higher Education Rankings: IISc back in top university list
Sole Indian institute features in Times Higher Education World Reputation Rankings after seven years.....»»
World Bank: Global economy is healthy but growth will slow
The steadily expanding global economy should remain resilient — at least for a couple of years — the World Bank says......»»
BOJ"s architect of "shock and awe" plots retreat from stimulus
More than five years into a radical plan to boost the world's third-biggest economy, the Bank of Japan sent a message of quiet surrender last week, admitting it couldn't stoke inflation and walking back steps intended to do so......»»