With the establishment of their own bank, BRICS countries (Brazil, Russia, India, China and South Africa) wanted to make a statement: No longer would they be dependent on the World Bank and the IMF. The New Development Bank has opened for business.
Germany's biggest private lender has announced it's laying off more employees than originally planned as it looks to retreat from equities markets across the world in a sweeping overhaul launched by its new CEO.
The US House has voted to roll back regulations imposed by the Dodd-Frank Act. The new law loosens capital requirements for both major and smaller banks. It marks another marquee pro-business triumph for Donald Trump.
As this season of Germany's Next Topmodel comes to a close, we look at how Heidi Klum's impressive career has allowed the German-born supermodel to become a global star and powerful businesswoman.
Once popular only with startups, small and medium-sized businesses are increasingly turning to crowdfunding to raise cash. When they bypass traditional lenders, firms can get their money faster and without the red tape.
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