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Banks, reportedly, are investigating a couple of drastic options to solve the mess they helped create by backing the merger of cash-in-transit operators Armaguard and Prosegur last year. One brainwave is to have the industry set up their own CIT outfit. More controversially, banks may seriously be looking into how best to eliminate cash handling from their own business models altogether.
Ever wondered about what happens when banks are closed or why some apps have operating hours? It's fascinating.
Natasha Lyonne and Simon Baker have joined the cast of 'Klara and the Sun', led by Jenna Ortega playing the titular character.
LONDON (Reuters) -Morgan Stanley used an "unrealistic" and "inappropriate" near $1.0 billion margin call to force trades held by retail tycoon Mike Ashley's Frasers group off its books partly out of snobbery, London's High Court was told on Wednesday. Ashley, whose fortune is estimated by Forbes to be worth $5.2 billion, told the first day of a two-week trial that the demand for collateral by the Wall Street bank, that had spurned him as a client three years ago, had left him in "total shock". Frasers is suing Morgan Stanley for about 47 million euros ...
A winner at the BAFTA awards, Cord Jefferson's 'American Fiction' script faces real issues without fear or wild fantasy.