The world of car loans just took a serious turn with a major Court of Appeal ruling against lenders MotoNovo Finance and Close Brothers. The case centred around “secret” commission payments on motor finance deals, has the potential to reshape the industry, and has understandably left consumers and lenders alike wondering what happens next. The … Read more
The UK’s top financial regulator has spent much of its eleven-year history in combat with the industry it oversees, a tone set by its first chief executive Martin Wheatley, whose zeal for fining banks got him ousted in 2015. Now, top executives at the Financial Conduct Authority are trying to rewrite the script by devising … Read more
I was interested in this speech given the other day by Patrick T. Harker, President and Chief Executive Officer of the Philadelphia Federal Reserve Bank, because its title was: Fintech, AI, and the Changing Financial Landscape The speech is broad, and focuses upon the risks of artificial intelligence (AI) and machine learning (ML) to the financial … Read more
Do you want to learn how to start a personal finance blog? Starting a personal finance blog changed my life. When I began Making Sense of Cents (the blog that you’re reading right now!), I had no idea that sharing my money tips would lead to financial freedom and the ability to work from anywhere…. … Read more
India’s Finance Ministry to divest 6.78% of GIC Re | Insurance coverage Enterprise America Reinsurance India’s Finance Ministry to divest 6.78% of GIC Re Non-retail traders get first likelihood to purchase since 2017 because the OFS opens Reinsurance By Kenneth Araullo The Union Ministry of Finance is about to promote a 6.78% stake within the … Read more