Bank of America Warns of Economic Carnage Linked to Leverage Loans

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Bank of America has recently warned that leverage loans can impact the stable U.S. economy. BoA CEO Brian Moynihan said that the problems from this...

USOC Pushes to Keep Insurance of Pregnant Athletes

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The U.S. Olympic Committee is pushing for reforms on the issue of pregnant athletes losing their health insurance once they become pregnant. The issue sparked...

Zurich completes acquisition of ANZ’s life insurance unit

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Zurich Insurance Group, Switzerland’s largest insurer up to date, has successfully completed its acquisition of ANZ’s life insurance business, OnePath Life. According to a report...

Energy Company Ineos to Investment $2 Billion in Saudi Arabia

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United Kingdom-based firm Ineos is slated to invest $2 billion or £1.6 billion in the Kingdom of Saudi Arabia, reports BBC. The company is...

Partnership Allows China UnionPay to Offer Credit Cards in Europe

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China UnionPay has struck a deal with a UK-based back-office technology startup Tribe Payments in its effort to step up its presence in Europe. The...

Some People Leave the U.S. to Avoid Paying Their Student Loans

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Many student-loan borrowers have fled the U.S. to keep from paying their loans. Those who remain in the country are struggling to repay their debt....