In a significant push towards supporting innovation, the Iranian banking system has seen a substantial increase in loans extended to knowledge-based firms. Over the first four months of the current Iranian calendar year, which spans from March 20 to July 21, banks provided 927 trillion rials
September 10, 2024The forex market is on the edge as traders and investors gear up for the release of the U.S. Non-Farm Payrolls (NFP) data. This crucial economic indicator, reflecting the number of jobs added or lost in the U.S. economy, holds the power to shift market sentiment and influence currency values
September 9, 2024MUFG has announced a major restructuring plan that involves transferring certain credit investment functions from Mitsubishi UFJ Trust and Banking Corporation (MUTB) and MUFG Bank to Mitsubishi UFJ Asset Management (MUAM). This initiative is set to be implemented in January 2024 and aims to enhance
September 9, 2024The integration of artificial intelligence (AI) into the financial industry has brought a significant transformation to banking and financial services. From tackling fraud and improving operational efficiency to supporting financial advisors and enhancing customer service, AI is revolutionizing
September 9, 2024The financial services industry has been revolutionized by technological advancements and significant demographic shifts. With the integration of artificial intelligence (AI) and the anticipation of the "great wealth transfer," financial advisors find themselves at a crossroads,
September 9, 2024Living abroad can be an exciting and enriching experience for many Americans, bringing the opportunity to explore new cultures and places. However, managing finances in a foreign country introduces a level of complexity and challenge that can be daunting. From navigating the intricacies of tax
September 6, 2024