Bank

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This Bank CEO gave 1 lakh equity shares to his teacher

10 Oct 2020 1 minute read 0 comments Blindworld

This happened in India, India is a highly culture oriented society. People are taught to see teachers as god's. Years ago A boy named  V Vaidyanathan secured admission to India's prestigious BITS campus. But the boy didn't have money to participate...

The largest banking fraud in India- Story of a Diamond Merchant

9 Oct 2020 2 minute read 3 comments Blindworld

A few days ago I posted about Vijay Mallya and Anil Ambani. Today we are talking about Nirav Modi. Nirav Modi was from a Gujarati family. His father and uncle were in the diamond business. Nirav started his career with his uncle assisting him after 1...

Did you know that this Indian bank was at the verge of shutdown?

30 Sep 2020 1 minute read 0 comments Blindworld

  Many of us may have heard about Rana Kapoor, a professional banker who was the co-founder and CEO of Yes Bank. Back in 2003 when the Vajpayee government in India opened up banking licences for the private sector, Rana Kapoor along with his brother...

How do Banks make profit

25 Sep 2020 5 minute read 0 comments John Jaynesis Manalo

How about we accept you are an educator and you made $1,000 in your last check. You store this sum straight into your investment account, invigorate and affirm that the cash is in fact in there. You're feeling so acceptable, similar to a thousand buc...

China’s Digital Yuan Undergoes Credit Card Payments Pilot Project

24 Sep 2020 1 minute read 0 comments CryptoBrowser

The Digital Yuan Is Commonly Perceived As A Tool For Controlling The Flow Of Money Outside China   China’s national bank continues the aggressive development of their DC/EP (digital yuan), as the People’s Bank of China (PBoC) is currently running a p...

Kraken become first American Crypto Bank

16 Sep 2020 1 minute read 0 comments Yoijo

As they announce on their blog, the State of Wyoming has approved Kraken's request to form the world's first Special Purpose Depository Institution (SPDI).  Kraken Financial will be the first regulated U.S. bank to provide deposit-taking, custody an...

Kraken has been approved as America's first crypto bank

16 Sep 2020 1 minute read 0 comments WlanWerner

The American crypto exchange, Kraken, has received permission to create America's first crypto bank (Special Purpose Depository Institution (SPDI)) which will named Kraken Finance. The new concept is fully tailored to cryptocurrency companies and wil...

Expanded Unemployment Benefits

9 Sep 2020 9 minute read 2 comments BTCghost

Status as of yesterday evening, specifics on extended unemployment benefits for all 50 states. Saturday August 8th 2020, at a press conference from his golf club in Bedminster New Jersey, President Donald Trump issued one of several executive orders...

Wirex Bank

16 Aug 2020 1 minute read 0 comments Lunatic74

Hello everyone, I apologize for my absence but between work and a big move, I don't have time to publish.I count on you for tips as much as possible and to get the message across to your members. ;)  -The Wirex parent company is located in London. -T...

Goldman Sachs allowed the release of its own digital currency

7 Aug 2020 1 minute read 0 comments Danyakot

The largest us investment Bank, Goldman Sachs, does not exclude the possibility of issuing its own stablecoin. This was stated by the new head of the Bank's digital assets Department, Matthew McDermott, CNBC reports. "We are studying the commercial v...