QuickQuid Collapses In The UK After Mass Of Complaints

The payday lending market in the United Kingdom has seen its fair share of controversies in recent times. The latest to rock the market comes from QuickQuid who is set to close operations after many of its customers claimed that

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Woodford Investment Trust Taken Over By Schroders

There is finally some good news for the investors that put money into the Woodford Patient Capital Trust (WPCT). The fund which has been in the news the past few months for all the wrong reasons has now been taken

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CBR Looking At FX Trading Loopholes By Payment Providers

The Bank of Russia continues its crusade against forex trading and is now taking a shot at payment providers. The central bank has identified 140 companies that it says illegally offer forex trading to Russian consumers. This continues the war

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Grant Thornton To Recover EuroFX Investors Money

Investors around the world are always on the lookout for investment opportunities that pay out high returns in the shortest amount of time. There are hundreds of financial institutions, forex brokers and crypto companies that claim their ‘special fund’ can

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Woodford Equity Income Fund To Relaunch With New Name

Neil Woodford went from being one of the most enviable men in the UK to one of the most hated. He used to have a reputation of being the UK’s best fund manager but things went downhill and now his

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Saudi Aramco To Launch The World’s Biggest IPO In November

Though Saudi Aramco recently took a hit from a refinery bombing, it is not stopping the company from going ahead with its big initial public offering (IPO) which official announcements set to take place next week. This much awaited IPO

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Swiss Banks Cooperate To Help India Fight Black Money

India has been facing a crisis with the billions of dollars in black money flowing out of the country. Indian citizens have been trying to evade tax collection efforts by putting it in off-shore accounts in multiple tax havens.  Switzerland

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Six Institutions Fined By CFTC For Swap-Dealer Rules Violations

The Commodity Futures Trading Commission (CFTC) has just fined some of the biggest financial institutions around the world over their reported failures. The six institutions who have been slapped with fines are HSBC Bank USA, N.A., The Northern Trust Company,

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London Leading The Fintech Race Surpassing The US

Though the UK is still in the middle of its Brexit-fueled chaos, London is still able to deliver when it comes to financial investments. London & Partners and Innovate Finance carried out research which showed that London has overtaken New

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BCC Say Britain Facing Prolonged Investment Slump

The world economic slowdown and the US-China trade war has resulted in rocky economic weather for the UK. It does not help that the UK is also facing the danger of Brexit amidst political tensions. The result is that the

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