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South Korean Insurance Firm to Offer $3 Billion Financing to UAE Oil Firm

South Korea’s state-owned trade insurance firm, Korea Trade Insurance Corporation (K-Sure), has announced that it has reached an agreement to offer financial support worth...

Stock Trading Start-up Robinhood Withdraws its Bank Application

American start-up Robinhood announced that it has decided to withdraw its application to become a federally insured bank. The application had been submitted earlier...

CFTC Pulled in Over $1.3 Billion in Regulatory Penalties in 2019

The Commodity Futures Trading Commission (CFTC) has announced its annual compliance and enforcement results for the year 2019 on November 26, 2019. As per...

Sri Lanka to Be a “Neutral Country” Working in Collaboration With All Nations, Says President

In a recent visit to New Delhi, the president of Sri Lanka, Gotabaya Rajapaksa, said that he wants Sri Lanka to be a Neutral...

Loanzen, a Fintech Startup Raised Funding From Zephyr Peacock

Loanzen recently raised funding from Zephyr Peacock India Growth Fund. Loanzen is a startup that offers financial services for the logistics industry. The news...

LHU Approves Inclusion of New Bachelor’s Degree in Finance and Risk Management

In a bid to widen its scope in the field of education, the Lock Haven University Council of Trustees held a meeting on Friday....

Zimbabwe to Order Importers to Declare Sources of Foreign Currency Holdings

The Zimbabwe government has issued an order under which all importers operating in the country would have to provide details of the sources of...

Munich Re Completes Oil and Gas Securitized Financing of $200 Million

Munich Re Reserve Risk Financing, Inc, a subsidiary of Munich Re, has announced that it has managed to raise securitized financing worth $200 million....