Article by alir1272

Article Info

Last Updated: 02 March 2020

A journalist, with experience in web journalism and marketing. Ali holds a master degree in finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of cryptocurrency publications.

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Iwoca raises €100m from Insight Investment for German small business loans

Author: Ali Raza

Last Updated: March 2, 2020

Small business platform Iwoca has landed €100m from asset manager Insight Investment to lend to “several thousand small businesses” across Germany. The London-based fintech, founded […]

Challenger bank Metro slashes branch openings after £131m loss

Author: Ali Raza

Last Updated: February 26, 2020

Metro Bank has slashed expansion plans after a “challenging year”, which saw it post heavy losses following an accounting scandal that crushed its stock, forced […]

Keith Block Steps Down as Salesforce co-chief executive

Author: Ali Raza

Last Updated: February 26, 2020

Salesforce said Keith Block (pictured) has stepped down as the company’s co-chief executive 18 months after taking up the role. The company’s co-founder and chairman […]

Barclays launches hunt for new Chief Executive

Author: Ali Raza

Last Updated: February 24, 2020

Barclays Bank is looking for a new chief executive to replace Jes Staley (pictured), as it becomes the latest European bank to look for new […]

Ramon Laguarta, Chairman-elect and Chief Executive Officer, PepsiCo

3 reasons why Pepsi paid over $700m for China’s Be & Cheery

Author: Ali Raza

Last Updated: February 24, 2020

Pepsi, a US multinational food and beverage maker, has agreed to buy Chinese snack brand Be & Cheery from Haoxiangni Inc. in a deal worth […]

Wells Fargo fined $3bn for unethical sales practices

Author: Ali Raza

Last Updated: February 24, 2020

Wells Fargo & Co has been involved in a dispute over the company’s unconventional methods of forcing employees to meet unrealistic sales targets. As part […]

China’s Central Bank supports the economy with more liquidity

Author: Ali Raza

Last Updated: February 22, 2020

The People’s Bank of China (PBOC) is committed to offering more support to the Chinese economy as the nation battles the coronavirus epidemic. It says […]

Billionaire Richard Branson is all at sea with cruise liner launch

Author: Ali Raza

Last Updated: February 21, 2020

Scarlet Lady, a 60,000-tonne cruise liner, was unveiled by British billionaire Sir Richard Branson today. The cruise ship is aimed at drawing in a younger […]

Government plans £2bn windfall from dormant accounts for charities

Author: Ali Raza

Last Updated: February 21, 2020

The UK Government plans to raise an additional £2bn to expand its unclaimed insurance payouts and share sale scheme, which are donated to good causes. […]

Lloyds Banking Group Posts 26% Fall in Annual Profit

Author: Ali Raza

Last Updated: February 20, 2020

Lloyds Banking Group saw its pre-tax profit plunge by 26 per cent, as it suffered a tough retail banking environment. The bank revealed that its […]