Bank of America, Citigroup to close 1,700 branches in London

Bank of American and Citigroup have agreed to end operations at 1,200 branches in the capital and to close a further 700 branches, the companies announced on Wednesday. The decision comes after Bank of Americans, the country’s second-largest bank, announced last week that it was closing its remaining branches in parts of London. Citi has more than […]

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Former Liverpool and Arsenal forward Jordan Henderson, pictured, has joined the Bundesliga club Schalke 04

Jordan Henderson has joined Schalk 04 as an auxiliary striker, the Bundesliga’s club side have confirmed.The Liverpool forward joined Schale in the Bundesliga as an unused substitute for the Champions League tie against Borussia Dortmund.Schalke coach Felix Magath said the 23-year-old was one of his “best players” in Germany, and that the signing was “a […]

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What to look out for when buying an Australian currency

Aussie money is worth more than $600bn a year, according to the latest Australian Bureau of Statistics figures, making it the world’s second-most popular overseas currency after the U.S. dollar.In the past 12 months, the Australian dollar has appreciated by almost 25 per cent against the dollar, according the Australian Bureau.What’s the difference between a […]

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Nepalese foreign exchange limits have risen to $1,500

Nepaleses foreign exchange controls were recently raised to $10,000 for the first time, following a year of relative relaxation.It’s the first major adjustment to foreign exchange restrictions in nearly a decade.The Nepalesean government is asking the International Monetary Fund to help lift the ceiling to $2,000.It wants to see a significant increase in the value […]

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