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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.....»»

Category: topSource: businessinsiderApr 22nd, 2021

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 .....»»

Category: personnelSource: nytApr 18th, 2021

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 .....»»

Category: blogSource: valuewalkDec 14th, 2020

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......»»

Category: topSource: marketwatchMay 15th, 2020

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......»»

Category: topSource: reutersApr 21st, 2020

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......»»

Category: topSource: marketwatchFeb 21st, 2020

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......»»

Category: forexSource: coindeskJan 24th, 2020

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........»»

Category: blogSource: 247wallstDec 23rd, 2019

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 .....»»

Category: topSource: bizjournalsDec 20th, 2019

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.....»»

Category: topSource: bizjournalsDec 12th, 2019

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......»»

Category: topSource: moneycentralOct 9th, 2019

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.....»»

Category: blogSource: zerohedgeAug 15th, 2019

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.....»»

Category: topSource: bizjournalsJul 30th, 2019

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.....»»

Category: blogSource: zerohedgeJul 26th, 2019

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.....»»

Category: topSource: business-standardApr 16th, 2018

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 .....»»

Category: topSource: bizjournalsMay 22nd, 2018

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.....»»

Category: topSource: business-standardMay 29th, 2018

Times Higher Education Rankings: IISc back in top university list

Sole Indian institute features in Times Higher Education World Reputation Rankings after seven years.....»»

Category: topSource: business-standardMay 30th, 2018

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......»»

Category: topSource: foxnewsJun 5th, 2018

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......»»

Category: topSource: reutersAug 6th, 2018