PH Stock Brokerage Closes Due to P700M Scandal

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50-year-old stocker brokerage firm R&L Investments Inc. ceased its operations earlier this week following the loss of P700 million worth of stocks. The company...

Fintech Real Estate Firm Immo Receives €11m In Funding

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London-based company Immo Investment Technologies acquired €11 million in the recently concluded Series A funding round, reported by TechCrunch. The Series A round was...

Goldman Sachs Raises $50m for Deserve

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Credit card startup company Deserve successfully raised $50 million in Series C funding for its platform. Goldman Sachs headed the latest funding round for...

Major AU Banks Increased Lending To Fossil Fuel Industry

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Two out of four key players in Australia’s banking sector reportedly amplified their lending to companies in the fossil fuel industry, The Guardian reported....

ICBC Reveals Fintech Research Arm

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The Industrial and Commercial Bank of China (ICBC) announced last Monday, November 4, 2019, the launch of its new China ICBC Fintech Research Academy....

EU, US Firms Worried About China’s Corporate Social Credit System

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China’s move to build a corporate social credit system has earned the concern of businesses from the United States and Europe. Set to be...