People from NZ charities and not-for-profits told me volunteers and paid staff can spend months on basic banking processes. But just one ‘golden unicorn’ bank employee can make all the difference.
It’s always a good time to save more, if you can.
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Islamic banks must follow Sharia law, and as such take a different approach to traditional Australian banks. They don’t charge interest, and are much more selective about which activities they fund.
British banks moved to Canary Wharf in search of space and modern facilities but hybrid working needs could drive banks back to the City of London’s smaller spaces.
Many mortgage borrowers are expecting their repayments to rise rapidly.
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More Nigerians are using mobile money but it is fraught with inherent dangers that must be tackled.
The Bank of Canada recently concluded public consultations where it sought input from Canadians about the possibility of a national digital currency.
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While a digital national currency does have the potential to mitigate key financial issues, we cannot ignore the democratic risks such a currency could introduce without safeguards.
Andrew Bailey, governor of the Bank of England, which is widely expected to increase UK interest rates further this year.
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Interest rate hikes are the Bank of England’s main monetary policy weapon against inflation, but they aren’t working.
David Maimon’s cybersecurity research group noticed a flood of checks in underground markets, which opened a window into much broader criminal activity.
Collage by Kimberly Patch
Professor David Maimon describes how his team investigated criminal enterprises on the dark web.
Wearing a protective mask, a dog walker ventures out as heavy smoke from northern Alberta forest fires blankets downtown Calgary on May 16, 2023.
THE CANADIAN PRESS/Larry MacDougal
Canadian financial institutions — banks, pension funds and private equity firms — fund the fossil fuel industry and are therefore helping fuel the climate crisis. Why won’t Ottawa hold them to account?
Discrimination can be hard to pick up.
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The UK retail bank business model has allowed banks to make significant profits as interest rates have risen over the past year.
The Office of the Superintendent of Financial Institutions has released guidelines for financial institutions to address climate change risks.
THE CANADIAN PRESS/Nathan Denette
OSFI’s guidelines are a small step towards making financial decision-makers more conscious of their influence on climate outcomes, but there is still work to be done.