Hurricane Florence Hits Category 4

Hurricane Florence is rapidly intensifying on its path toward the East Coast and is now a Category 4 with 130 mph winds, the National Hurricane Center said in a special update. Florence is expected to strengthen to 150 mph just … Continue reading “Hurricane Florence Hits Category 4”

Barclays has brought in a Credit Suisse Banker Stefano Toffolo

The rise of tough new financial regulation in the years since the financial crisis has seen pressure mount on the correspondent banking network. The international money transfer business has been particularly affected, especially in poorer countries such as Somalia.  Many … Continue reading “Barclays has brought in a Credit Suisse Banker Stefano Toffolo”