Most people think of a Personal loan as a short-term financing method with terms generally ranging from two to seven years. Borrowers use these versatile loans to finance home renovations, pay for medical bills, or even consolidate credit card debt. But did you know that long term personal loans exist too? Here is what you […]
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United States: Notice to financial institutions: increase in the amount of the wage exemption for restriction notices and direct debits as of December 31, 2021 December 31, 2021 Cullen and Dykman To print this article, simply register or connect to Mondaq.com. Under New York’s Exempt Income Protection Act (“EIPA”), certain funds in deposit accounts are […]
While “the trend is your friend” when it comes to investing or trading in the short term, when to enter the trend is a key determinant of success. And increase the chances of success by making sure that the sustainability of a trend is not easy. The trend is often reversed before exiting the trade […]
In quieter years, banks come under scrutiny from a multitude of regulators with overlapping mandates. After the presidential elections in the United States, all industries are bracing for a shift in priorities. But few expected the seismic upheaval promised in 2021 by the Biden administration, its Justice Department and other parts of the federal government. […]
Finance Minister Basil Rajapaksa said that although the country is going through a major foreign exchange reserve crisis, the government will cover all external debts due next year, adding that the president and prime minister have also secured their full support in this task. He said that despite the opposition’s claims, the government had a […]
Visa Inc, the world’s largest payment processor, on Wednesday launched a global crypto advisory service for clients such as banks and merchants as digital currency adoption gains momentum. Visa’s move comes against the backdrop of unprecedented investor demand for crypto services, and the company’s latest offering is aimed at financial institutions keen to attract or […]
Mosaic Insurance announced the appointment of Womba Muzeya as Vice President and Senior Underwriter for Financial Institutions. Muzeya (pictured above) will join the company’s London team and report to Global Head of Financial Institutions Division Chris Brown. In her new role, Muzeya will underwrite a wide range of hedges from financial institutions, from small fund […]
Mosaic Insurance announced the appointment of Womba Muzeya as Vice President and Senior Underwriter for Financial Institutions. Muzeya (pictured above) will join the company’s London team and report to Global Head of Financial Institutions Division Chris Brown. In her new role, Muzeya will underwrite a wide range of hedges from financial institutions, from small fund […]
Thanks to bank loans, they kept getting stronger – their businesses grew and they bought land, apartments, SUVs and so on. Yet these willful defaulters are unwilling to repay their debts. Banks have resorted to the courts to recover their money, but lengthy legal proceedings hampered and hampered their efforts, allowing defaulters to lounge around. […]