Agricultural Bank of China Ltd. has set aside additional money to cover future bad loans, amid the country’s economic slowdown. The lender has more retail customers than the entire population… Read More
Emerging Market Investing – Lessons from 2013
Investors from large institutions to family offices are showing considerable interest in investing in emerging and frontier markets. The slowdown in emerging market growth is seen as a short-term detour… Read More
IRS Rules on Bitcoin
According to the Internal Revenue Services’ (IRS) first ruling on the issue, the U.S. government will treat Bitcoin as property for tax purposes. The decision will provide certainty for investors,… Read More
New Derivatives Contracts from ISDA
According to The Financial Times, International Swaps and Derivatives Association (ISDA) has spent nearly a year on new derivatives contracts to “give failed institutions a temporary stay on investors’ claims… Read More
How Customer Service Is Changing in Financial Sector
USAA and Geico Corp. are just two of the financial firms that have developed mobile apps for customer service purposes. Instead of calling customer service to talk to a representative,… Read More
Federal Authorities Crack Down on Swiss Banks
A federal judge recently gave the government permission to search for data from five Wall Street banks about a group of American clients suspected of hiding assets at an unrelated… Read More
Swiss National Bank Keeps Cap on Franc
According to Swiss National Bank (SNB) board member Fritz Zurbruegg, the cap of 1.20 per euro on the franc will remain in place while the global economic recovery proceeds sluggishly… Read More
Prevalence of Securities Fraud: $700 Million Case in San Francisco
The Department of Justice recently filed felony charges against Walter and Kelly Ng in what may be the largest securities fraud case in California’s history. It involves more than $700… Read More
Project of the Week: Power Conversion Startup on CEO Search Offers $20k for Placement
Know any good start-up CEO candidates? One of Zintro’s faithful inquirers in the venture banking space has launched a sort of crowd-sourced CEO search for a hot portfolio company of… Read More
McDonald’s and VISA’s Collaboration Backfire: See What They Accidentally Reveal About Living on Minimum Wage
McDonald’s and VISA collaborated on the development of a new website aimed at helping McDonald’s employees learn how to budget their expenses. While the gesture may seem nice in theory,… Read More
Does The Recent Development Really Compromise Counterfeits?
A recent technological development could mean the end of counterfeit money, pills, and accessories. Using an intricate pattern based on the structure of a Morpho butterfly’s wing, the innovation can… Read More
Will Bitcoin Facilitate Our Transactions?
Bitcoin, the digital currency, whose creation is based on open source encryption, was designed to prevent counterfeiting and have an electronic payment platform, which isn’t regulated by any central government…. Read More