LONDON — The founder of British challenger bank Metro believes the election of Donald Trump and Britain’s vote to leave the European Union could be “as important as Ronald Reagan and Maggie Thatcher” to the global economy. Vernon Hill told Business Insider in an interview this week that Trump’s election is “a dramatic revolt by […]

Dato’ Lawrence Teo, CEO, iSynergy. I Synergy Group Limited (iSYNERGY) is intent on capturing the international market in the next five years, starting with Southeast Asia and Australia. To facilitate the expansion, iSYNERGY initiates an initial public offering (IPO) on the Australian Securities Exchange (ASX) to raise up to A$ 8 mn (approximately […]

Former Chancellor George Osborne thinks the government will be as good at protecting society from future technological developments as it was at solving Victorian London’s “horse shit” problem — which means, not very. Osborne appeared on a panel with “futurists,” tech staff, and academics in London on Tuesday night titled “A glimpse into the future?,” […]

Associated Press Asia could be walking into a financial disaster. Rising debt, real estate getting bubbly, and threats to growth all threaten the possibility of a credit crunch, leading to a financial crisis throughout the region.  Private credit has exploded across the region and has reached nearly 140% of GDP, according to the latest presentation […]

REUTERS/Roni Bintang On Monday morning, Markit released its latest set of data on the state of the UK’s construction sector, and to say things didn’t look good would be an understatement. The sector slipped into contraction for the first time since April 2013, hitting just 46.o, a shock fall from an already poor base last month, […]

Miraflores Palace/Handout/Reuters Banks have an energy problem. In a note on Friday, JPMorgan’s Vivek Juneja broke down the results from the 2015 Shared National Credits exam, which is a Federal Reserve initiative to review and classify large syndicated loans. The review captures any loan bigger than $ 20 million that is shared by three or more supervised institutions. The SNC […]

Milos Bicanski/Getty Images Protesters during a pro-government rally calling on Greece’s European and International Monetary creditors to soften their stance in the cash-for-reforms talks on June 17, 2015 in Athens, Greece The finance ministers of Europe are about to meet for the last time before Greece’s big International Monetary Fund (IMF) payment is due. And […]