Business Nov 18, 2022
As recession looms, British business sends out lending SOS
Banks are increasingly nervous about extending credit to small companies, as rising costs put the business case of lending to such companies under unprecedented strain.
Banks are increasingly nervous about extending credit to small companies, as rising costs put the business case of lending to such companies under unprecedented strain.
With expenses like fuel and food rising rapidly, workers have further reason to want to stay away, handing employers a challenge to increase the appeal of office working.
BNP Paribas is believed to be the first major bank to have excluded staff in Moscow from its IT networks.
Global brands are cutting out the traditional financial middleman and plugging in software from tech startups to offer customers everything from banking and credit to insurance.
Banks, asset managers and private equity firms, faced with tough regulations to decarbonize portfolios and loan books, are competing to grab the people with the right green expertise.