China To Invest In European Multi-Billion Infrastructure Fund

China Invests In European Fund

It is believed Chinese banks are most interested in telecoms and technology companies. China will pledge a multi-billion dollar investment in Europe’s new infrastructure fund at a summit on June 29th in Brussels. The exact sum of the program that is being invested has not been decided. Chinese Premier Li Keqiang will attend the summit in Brussels More...

by Michael Burns | Published 8 years ago
Import-Export Bank
By Sylvia Delisle On Saturday, June 13th, 2015

US Export-Import Bank Faces Controversies Over Re-Authorization

The Export-Import Bank of the United States is the official export credit agency for the US federal government. The Export-Import Bank of the United States is the official export credit agency of the United States More...

By Joseph Holloway On Tuesday, June 9th, 2015

Stifel Acquires Barclays U.S. Wealth Division

It was rumored earlier this year that Barclays was looking for buyers of its wealth management arm. Stifel Financial Corp has agreed to purchase Barclays PLC’s U.S. wealth and investment management unit, (which More...

Lloyds Bank
By Joseph Holloway On Monday, June 1st, 2015

UK Government Plans To Further Reduce Stake In Lloyds Bank

The government has reduced it’s stake from 39% to 19% in Lloyds Bank. The British government announced on Monday that it will be continuing to sell its stake in Lloyds Banking Group whilst also offering some More...

By Michael Burns On Saturday, May 30th, 2015

Switzerland’s Economy Pressured By Strong Franc

The countries move to uncap the franc has caused international exports to decrease. Switzerland’s economy shrunk more than economists expected in the first quarter as foreign demand for the country’s pharmaceuticals More...

IRS Building
By Sylvia Delisle On Wednesday, May 27th, 2015

100,000 U.S. Tax Payers Information Stolen Through IRS Cyber Attack

The IRS’ online “Get Transcript” service was misused to access taxpayers information. Nearly 100,000 U.S. taxpayers’ data from tax returns was subjected to unauthorized access by cyber thieves More...