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BRAC Founder Sir Fazle Hasan Abed Passes Away
"We will honour his legacy with the same resilience, dignity and humility that he has instilled in us."
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- Finance
- Region
- South Asia
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Fintech in Brazil Vows to Prove Goldman, Morgan Stanley Wrong
“Given how much we’re growing, I think it’s heroic that we’ve been turning profits and are delivering the profitability levels we already do,” Menin said in an interview at Banco Inter’s Belo Horizonte headquarters. “I lose no sleep over the difference between our profitability and that of Brazil’s biggest banks.”
- Categories
- Finance
- Region
- Latin America
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A Country May Issue a Digital Currency in 5 Years
A new report says national digital currencies could mean greater financial inclusion, less financial crime and more efficient cross-border transmissions.
- Categories
- Finance
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Barclays Launches Impact Banking Unit as Investors Demand More Than Market-Beating Returns
Banks from UBS to Citigroup have been boosting their so-called impact funds, in response to customer demand for investments that seek profit and social good.
- Categories
- Investing
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Bank of America Is Reportedly Piloting Ripple’s Distributed Ledger Technology
When questioned about this recently, a Ripple representative stated that the bank would not confirm or deny whether it was a client, however, it said the companies had participated in a pilot together.
- Categories
- Finance
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The Risks From India’s Rotten Banks
Roughly a third of the financial system is on crutches or under suspicion. Dazed by the scale of the task, the government and the Reserve Bank of India are dithering. Until they act, India’s economy will not perk up—and there is a danger of a full-blown crisis.
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- Finance
- Region
- South Asia
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Report: Most Indian Banks Fail on Policies of Climate Change, Human Rights
Most Indian banks fail on policies of environment and human rights and this inaction leaves the Indian banking sector vulnerable to investment risks arising due to climate emergencies, according to the first edition of Fair Finance Guide India scorecard.
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- Finance
- Region
- South Asia
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Press Release: Bank of the West Invests $2 Million into Expanded Partnership with Grameen America
Once open, Grameen America's goal is to serve 500 women in its first year, disbursing $727,000 in microloans to low-income female entrepreneurs in Fresno. By year five, Grameen America aims to serve 7,000 women and cumulatively disburse $21 million in loans.
- Categories
- Finance
- Region
- North America
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