Lloyds chairman calls on state to take charge of toxic business loans

One of Britain’s top bankers has urged the Treasury to rapidly take responsibility for tens of billions of pounds of toxic business loans as lenders seek to free themselves of coronavirus debt. Lloyds chairman Norman Blackwell, a former policy chief to Margaret Thatcher and John Major, called on the government to set up a vehicle that will take on […]

Japan’s finance minister says country’s low mortality rate due to superior social manners

Taro Aso has sparked controversy with his comments – ISSEI KATO/REUTERS Japan’s finance minister has sparked controversy by attributing the nation’s low coronavirus mortality rate to the superiority of its social manners. Taro Aso, who is also deputy prime minister, made his remarks during a parliamentary session as Japan starts […]

How Timbercreek Financial Corp. (TSE:TF) Can Impact Your Portfolio Volatility

Anyone researching Timbercreek Financial Corp. (TSE:TF) might want to consider the historical volatility of the share price. Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. The first type is company specific volatility. Investors use diversification across uncorrelated stocks […]

Fake resumes, job offers, and mortgages with malware take advantage of coronavirus chaos

The coronavirus crisis has provided fresh opportunity for online scammers to target newly unemployed and financially vulnerable workers, and now employers as well. Expect to see a spike in hacking and fraud attempts, as the circumstances make for convenient Trojan horses in the shape of fake resumes for companies, fake […]

Here’s how reporter Amanda Perelli keeps up with influencer culture and chases down scoops from social media’s biggest names

the inside story banner Samantha Lee/Business Insider Business Insider reporter Amanda Perelli spends a good amount of her day watching TikTok videos looking for how brands are using the app. Amanda Perelli Business Insider is taking you behind the scenes of our best stories with our new series “The Inside […]

One Shanghai Dongzheng Automotive Finance Co., Ltd. (HKG:2718) Broker Just Cut Their Revenue Forecasts By 22%

The analyst covering Shanghai Dongzheng Automotive Finance Co., Ltd. (HKG:2718) delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for this year. Revenue estimates were cut sharply as the analyst signalled a weaker outlook – perhaps a sign that investors should temper […]