A portion of the $1 billion loan Airtel Africa owes to its parent company Bharti Airtel International (Netherlands) B.V. ('BAIN') has been redeemed, according to an announcement from the comp...
First Republic Bank has been making headlines recently for all the wrong reasons. The bank, which is known for its high-end clientele and exclusive services, has been accused of engaging in discrimina...
The U.S. Department of Education announced in a press release on Tuesday, that it intended to forgive all federal student loans that 208,000 borrowers received for attending ITT Technical Institut...
Since the early 2000s and the rise in the demand for digital banking, the Fintech industries have taken the finance sector by storm.Fintech (financial technology) companies are those that use technol...
The World BankThe World Bank was founded by the western powers in July 1944 alongside the International Monitory Fund to mitigate the effects of the war in Europe and America.The second world war...
Debt results when a client of a credit card company purchases an item or service through the card system. Debt accumulates and increases through interests and penalties when the consumer...
Investing can be more beneficial when large amount of money is in place, however that doesn’t mean investors with a little amount of money can’t participate in the stock market. This...
What is Bank Rating?DefinitionBank rating is a set of numerical or alphabetical ranking of banks, thrift, and other financial management organizations by Federal deposit insurance or private comp...
Richness is not limited to a particular sect in society. Anybody can be rich but there are some measures that such an individual must be willing to follow. Being rich comes with financial independence...
As threats of the coronavirus continue to rise and the financial markets plunge, it would only be a matter of time before the global economic downturns. Despite the actions by the World Bank Group, IM...