UK company seeks to recover $226 million from Carter Bank
The GLAS Trust Co. LLC has filed suit seeking to recover $226.2 million from Martinsville-based Carter Bank & Trust.The lawsuit,...
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Recession: Japan has lost its spot as the world’s third-largest economy
TOKYO (AP) — Japan’s economy is now the world’s fourth-largest after it contracted in the last quarter of 2023 and...
Recession has struck some of the world’s top economies. The US keeps defying expectations
NEW YORK (AP) — As some of the world’s biggest economies stumble into recession, the United States keeps chugging along....
Leaving China, long-time EU trade group chief says investors remain keen, but with more reservations
“It has been the most amazing journey,” the German executive spoke of his four decades in China, witnessing the country’s...
Average long-term US mortgage rate rose this week to 6.77%, highest level in 10 weeks
The average long-term U.S. mortgage rate rose this week to its highest level in 10 weeks, a setback for prospective...
European banks are challenging the challengers
New research from Economist Impact supported by Temenos finds that European banks are fighting back against competition from platform...
Average long-term US mortgage rate rose to highest level in 10 weeks
LOS ANGELES (AP) — The average long-term U.S. mortgage rate rose this week to its highest level in 10 weeks,...
U.S. sanctions Iran Central Bank subsidiary for U.S. tech procurement and violating export rules |
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U.S. sanctions Iran Central Bank subsidiary for U.S. tech procurement and violating export rules
WASHINGTON (AP) — The U.S. on Wednesday imposed sanctions on three people and four firms — across Iran, the United...
Poor data to blame for Bank’s bad decisions, says Andrew Bailey
A new model was initially expected to be rolled out in March, but has now been delayed until September. Rob...
