Banking

Credit Bank, which offers loans to people without credit score, has raised $15M 

Credit Bank, a pioneering financial institution specializing in providing loans to individuals without traditional credit scores, has successfully raised $15 million in its latest funding round. This capital infusion is set to bolster the bank’s mission of enabling financial inclusion for underserved segments of society. Breaking Barriers in Traditional Lending Traditional lending often relies heavily […]

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Credit Suisse just rehired a specialty-finance dealmaker who’s a double boomerang

Credit Suisse has made headlines by rehiring a specialty-finance dealmaker who’s now a double boomerang—an increasingly rare phenomenon in the fast-paced world of investment banking. The individual, whose name is John Doe, has returned to the Swiss bank for the third time, bringing a wealth of experience and a unique perspective shaped by stints at

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The Digital Euro: The European Central Bank’s Vision for the Future of Money

Introduction As the global financial landscape shifts toward digitalization, central banks worldwide are exploring the potential of Central Bank Digital Currencies (CBDCs). The European Central Bank (ECB) is at the forefront of this movement, working on a digital euro that aims to modernize payments, enhance financial stability, and strengthen the Eurozone’s sovereignty in the global monetary system.

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AI in Banking: Revolutionizing the Financial Industry 

Introduction Artificial Intelligence (AI) is transforming the banking sector, enabling institutions to operate more efficiently, improve customer experiences, and adapt to a rapidly changing digital economy. From enhancing fraud detection to personalizing services, AI is at the core of modern banking innovation. This article explores how AI is reshaping the banking industry, its applications, benefits,

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BlackRock’s Strategic Expansion into Private Markets 

In 2024, BlackRock, the world’s largest asset manager with $11.5 trillion in assets under management, has significantly increased its focus on private markets, aiming to provide clients with diversified investment opportunities beyond traditional public equities and fixed income. Acquisition of Private Credit Firm In a notable move, BlackRock acquired a private credit firm for $12

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