Late in the spring of 2020, Jan Marsalek, an Austrian bank executive, was suspended from his job. He was a widely admired figure in the European business community—charismatic, trilingual, and well travelled. Even at his busiest, as the chief operating officer of Wirecard, Germany’s fastest-growing financial-technology company, he would assure subordinates who sought a minute of his time that he had one, just for them. “For you, always,” he used to say. But he would say that to almost everyone.
Bloomberg reported that the US is studying how to guarantee all $18 trillion in US bank deposits.
The current situation of the US dollar resembles the setting of the Plaza Accord of 1985, when the world agreed to manipulate the dollar until it fell to stop it from harming the global economy.
Joe Biden's unexplained income of millions in financial records has finally been revealed by emails found on the abandoned laptop of Hunter Biden.
In the face of strong public opposition the International Monetary Fund (IMF) published a working paper offering governments suggestions on how to move toward a cashless society. In its recent report The Macroeconomics of De-Cashing, the IMF proposed to...
According to a copy of the indictment that was provided to the Financial Times, Swiss bankers were charged with hiding Putin’s millions without questioning the origin of the funds.
The US State Department Rewards for Justice Program has announced a reward offer of up to $10 million for any information which leads to the disruption of financial mechanisms of Lebanon's Hezbollah.
Serbia has cancelled a huge deal with Rio Tinto, an Australian firm, following the deportation of Novak Djokovic from Australia.
A bench of Supreme Court Justices S Abdul Nazir, BR Gavai, AS Bopanna, V Ramasubramanian, and BV Nagarathna demanded that the government and Reserve Bank of India examine the validity of the 2016 note ban and how it was done.
The phone call awoke Pras Michél in the middle of a spring night in 2017. His “cousin from China” needed to meet, the woman on the line said. The caller was an ex-girlfriend who Michél, a rapper, producer and member of legendary hip-hop group the Fugees, hadn’t spoken to in years. He grew up in a Haitian family in New Jersey and doesn’t have a cousin from China, but he knew what the message meant.
