In Case C-630/23 of 30 April 2025, the Court of Justice of the European Union (CJEU) ruled on the consequences of the removal of a term relating to exchange rate risk in a leasing agreement denominated in a foreign currency. Facts of the case In June 2007, ZH and KN concluded a leasing agreement denominated in … Read more
U.S. Bank Shield Visa® Card* vs. Wells Fargo Reflect® Card The Wells Fargo Reflect® Card (rates & fees) also comes with a lengthy intro APR offer of a 0% intro APR for 21 months from account opening on purchases and qualifying balance transfers. A 17.24%, 23.74%, or 28.99% variable APR applies thereafter. Balance transfers made … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The chair of the House China panel has urged JPMorgan Chase and Bank of America to halt work on the Hong Kong listing of Chinese battery maker CATL, in a further escalation of … Read more
[If you do use the blog for research or database purposes, citation would be appreciated, to the blog as a whole and /or to specific blog posts. Many have suggested I should turn the blog into a paid for, subscription service however I have resisted doing so. Proper reference to how the blog is useful … Read more
I’ve been talking a lot about bank IT outages lately, as you can hear here on the BBC! Tech Life – Surviving digital banking outages – BBC Sounds Why? Because they are becoming more and more common and frequent: I put it down to system updates and partner platforms. On the one hand, many banks run … Read more