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- Europe
Italy’s Banca Progetto accused of lending to mafia
A court found that companies linked to the ‘ndrangheta mafia were able to access state-backed loans. ADVERTISEMENT The Italian lender…
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Volkswagen faces hefty fine for mistreatment of UK customers
The UK’s financial watchdog found Volkswagen had sometimes confiscated cars from vulnerable customers “without considering other options”. ADVERTISEMENT The UK’s…
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German firms struggle to secure loans as economic uncertainty persists
Hesitancy from German banks is at its highest level in seven years, according to the IFO. ADVERTISEMENT German companies are…
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Microlending: a revolution towards financial inclusion
Integrating the 1.4 billion people around the world with no access to a bank account into the financial system is…
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