Banking

A fully-covered man riding a motorbike in the street at night

New banking services tackle barriers faced by migrants

Some startups throughout the Americas are establishing loans geared towards migrants. Among them is Galgo, which helps migrants buy motorbikes in order to earn money with delivery apps like Uber Eats.

people at building entrance

The risk of banking ‘contagion’ 

Economics
Wide shot of Lebanese parliament

Lebanon’s political class ‘ripped off’ the country’s potential, ‘Pandora’ investigator says

Finance
Emancipation is about financial security, too.

22 million reasons black America doesn’t trust banks

Economics
A yuan note, May 31, 2017.

China tightens regulations on investment and shadow banking

Economics
A man uses a cashpoint at a Sabadell bank branch in Pineda de Mar, north of Barcelona.

Big banks plan to abandon Catalonia over its crisis with Spain

Economics

The social and economic stakes of Spain’s deepest political crisis in a generation mounted as banks planned to shift their domiciles from the region and rival soccer players weighed in.

Two weeks after Prime Minister Narendra Modi announced the demonetization of 500 and 1000 rupee currency notes, residents of south Delhi continue to line up in front of ATMs in hopes of withdrawing cash.

India’s crisis over bank notes hits women especially hard

Economics

The Indian government took 500 and 1,000 rupee notes out of circulation to crack down on tax evasion and corruption. But the people feeling it most are at the bottom of the economic ladder — women without bank accounts.

A man buys U.S. dollars in a currency exchange in Benghazi, Libya.

Even a local bank teller can’t be trusted in today’s Libya

Business

Banking in a failed state is a risky business. In Libya, it’s hard to figure out who to trust.

People walk past Islamic Bank of Britain's (IBB) first branch on Edgware Road in London.

London is becoming the newest hub of Islamic finance

Finance

Already one of the world’s major financial centers, London is now going after an even bigger piece of the pie — Islamic finance. The sector is growing by 30 percent a year, so British government officials are pushing for a public, high-profile campaign to establish the city as a hub.

Shady home loans and bad mortgage offers

Crazy low rates? No income verification? No appraisals? Could be a big problem.