Finance
Walmart financial services hampered by regulation
Walmart offers a range of financial services and could offer even more to underbanked households. So why does current regulation and public sentiment stand in the way of that expansion?
Equity crowdfunding puts new pressures on regulation
Crowdfunding has the potential to change the way businesses raise money, but it also raises complex questions for the SEC about how it approaches investor protection. With the prominence of
Crowdfunding loans put new pressure on banking regulation
Lending Club’s IPO in December 2014 drew so much interest because it’s crowdfunding model flips the traditional loan market on its head: that could create conflict with existing banking regulations. Even
Britain wins ECB battle, but has it won the war?
The European Court of Justice (ECJ) granted the UK an important victory against the European Central Bank (ECB) on March 4, with a ruling that prevents the central bank from limiting
South Africa’s finance minister balances fiscal prudence with growth prospects
A look at how South African Finance Minister Nhlanhla Nene managed to keep his promise of fiscal prudence, while at the same time preventing austerity from affecting growth prospects.
Despite low oil price, Saudi Arabia stays course in opening stock markets
Saudi Arabia is set to stay the course in opening up its stock markets to foreign investment despite the change in leadership and fluctuations in the price of oil. In
Halt of remittances threatens stability in Somalia
Increasing pressure on U.S. banks has led to a complete halt of remittance payments from Somali immigrants to family and friends back home. The decision puts banks in a frustrating
Interview: What to Expect from Monday’s Eurogroup Meeting
Endless talks and an exhausting game of words are about to reach an end as Monday’s Eurogroup meeting is in sight and Greek and European negotiators will have to submit
Negotiating Greece’s debt is risky business
Call it moral hazard or moral responsibility, but the Greek leadership of Syriza is pushing Europe hard to renegotiate its bailout. “We cannot find the truth on our own, but
What US capital gains tax reform means for investors
President Obama has put forth a new proposal to eliminate the “step-up” basis on inherited assets and subject more of their capital gains to taxation. What does this proposal mean
