SunTrust Stops Lending to US Private Prison Operators

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In the move to distance itself from President Donald Trump’s policies and restrictions, American Bank SunTrust Inc. is finally cutting ties with private prison...

Michael Sherwood to Work in UK Fintech Unicorn Revolut

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Ex-Goldman Sachs executive veteran, Michael Sherwood, is slated to join Revolut. Sherwood left his vice chairman post at Goldman Sachs last 2016, working for...

Multi-millionaire Jeffrey Epstein charged with sex trafficking

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Multi-millionaire financier Jeffrey Epstein was charged with sex trafficking involving dozens of underage girls by federal prosecutors in New York on Monday. According to...

India Allows Foreign Investment in Local Insurance Industry

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India is opening the doors of its insurance sector to foreign investors, allowing them to assume 100% ownership of insurers. This move is part of...

Alipay Invests $145M to Support China Women Soccer Team

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Chinese payment platform giant, Alipay pledged to support women’s soccer in China to help younger girls be involved in this sport. The company commits one...

Deutsche Bank Announces Massive Reductions in Operations and Employment

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Deutsche Bank recently announced it would exit global sales and trading of equities and reduce operations of its investment banking. It will also cut...