Crypto brokerage firm Tagomi recently launched its lending services to the public. The digital-assets brokerage intends to provide traders with easier access to shorting.
According to Bloomberg, Tagomi has now opened it's lending and borrowing services for its clients. Under...
Wells Fargo & Co. has fired more than 100 employees last Wednesday, October 14, 2020, after saying they participated in defrauding a COVID-19 pandemic relief fund from the United States Small Business Administration.
News of the fraudulent scheme comes as...
ME Bank, a subsidiary of Bank of Queensland, faces a total of 62 criminal charges concerning home loan clients’ annual interest rates and minimum repayments, according to the Australian Securities and Investments Commission (ASIC).
In May, the ASIC filed the...
The Pandemic Response Accountability Committee (PRAC) reported that the government of the United States has forgiven a total of $394.6 billion of loans through the Paycheck Protection Program (PPP) loans, said NBC News. The data was released on Wednesday,...
Two out of four key players in Australia’s banking sector reportedly amplified their lending to companies in the fossil fuel industry, The Guardian reported. This is despite the banks’ public announcements supporting the Paris climate agreement.
According to a study...
Policy meetings are in order as the European Central Bank assesses the situation pertaining to the slowdown of the euro area’s economy, says Bloomberg. The meetings are held to clarify whether or not there are benefits of allowing banks...
KoinWorks, Indonesia’s largest P2P lending platform, successfully raised $12.2 million in the recent round of Series B funding. To date, the company has raised more than $28.5 million.
The Series B funding round was spearheaded by EV Growth and Quona...
Bengaluru-based financial technology lending platform KreditBee raised $70 million in a Series C investment round. The funding round was raised through its holding entity Finnov, states the Economic Times.
The Series C investment round was led both by NewQuest Capital...
The Stimulus Bill, which offered employers incentives for helping employees pay student loans, has encouraged more employers to offer assistance, said Yahoo! Finance. They can repay up to $5,520 tax-free.
According to the report, these companies see this offer as...
DBS Group, a Singapore bank, announced on Friday that lending for customers who derive revenue from thermal coal will be phased out. It had pledged to have no connection to the industry by 2039.
The bank's decision was influenced by...
