BIG NECK, NY, November 2, 2020 / PRNewswire / – CEO of Sharestates, Allen Shayanfekr, today announced that Sharestates, a leading diversified fintech company, has hired Stephane Leccese as director of strategy and growth. In this role, Stephan will lead efforts to identify, incubate and accelerate strategic initiatives on behalfRead More →

Getty As COVID-19 continues to impact the United States, the federal government is taking action to ease the burden on taxpayers. More recently, the Congress pass a massive stimulus package that was promulgated by the president. The stimulus bill (also known as the Coronavirus Aid, Relief, and Economic Security Act,Read More →

Manchester United have released their financial results for the second quarter of the season. These results capture the club’s financial position from December to March. The club are expected to have lost more than £ 100million in this timeframe, leading them to borrow £ 60million to protect their finances duringRead More →

The Bank of India (BoI) received covid-19 debt overhaul requests from 50,000 borrowers for loans totaling ??6,100 crore, chief executive AK Das said, lower than the state bank had originally forecast. “When we identified the eligible accounts, there were approximately 300,000 eligible accounts involving ??23,000 crores. In addition, from ??6,100Read More →

The Ministry of Finance’s Expenditure Department has received requests from Andhra Pradesh, Goa, Manipur and Nagaland for special financial envelopes, State Minister of Finance Anurag Singh Thakur said in a written response. Credit and finance for MSMEs: The average MSME loan ticket size decreased among existing and new borrowers duringRead More →

As several countries have rolled out coronavirus vaccines, World Health Organization (WHO) Director General Tedros Adhanom Ghebreyesus questioned the fairness of vaccine distribution and said the world was on the verge of “catastrophic moral failure”. Speaking at the WHO virtual board meeting, Tedros said: “I have to be frank: theRead More →

Wells College, Aurora NY. Google earth According to Moody’s Investors Service, canceling student loan debt would give the economy a slight blow, but could cause “moral hazard” and possibly make the problem worse. Some Democratic presidential candidates, including Sens. Bernie sanders and Elizabeth warren, have proposed debt cancellation which hasRead More →

Outlook 04 January 2021 16:01 IST Assam’s MFI bill linked to poll and congressional loan exemption promise ‘moral hazard’: report 1970-01-01T05: 30: 00 + 0530 Mumbai, January 4 (PTI) The passage of a bill to control the microfinance sector and the Congress party’s loan exemption promise if elected toRead More →