In Italy, thousands of immigrants are opening businesses, but they often can’t get loans. Now, a new Italian bank has seized on the opportunity and has opened four new locations in six months.
California group helps immigrants move into traditional financial sector
As consumers try to find safe places for their cash, they’re putting banks in a pickle. Banks actually pay to keep you cash and because they’re not lending it or investing it, it’s costing them money.
Home prices are skyrocketing in China, leading to a class of people calling themselves “house slaves.” But is this overheated market a bubble ready to burst?