Bankruptcies hit Australia’s bank credit rating

The Australian banking sector is likely to suffer a further blow as the latest round of credit-rating agencies to downgrade the ratings of its major lenders, and potentially even the entire banking sector, is expected to happen within the next two weeks.The Australian Financial Review has learnt that Moody’s, Standard and Poor’s, Fitch and Moody’s Analytics are expected to issue […]

Which is the world’s best bank?

Banking has become the hottest sector of the global economy, and there are now two banks to consider.One is the British Bankers Association (BBA), whose president, Simon Stevens, was named its best-performing banker last year.The other is the Swiss National Bank (SNB), which is the second-best-performing bank, after the Swiss central bank.But how good are they?Here are our top five […]

When you see ‘casino’ in your dictionary, it might be time to consider buying a casino

The word casino has been on the lexicon for a while, but the word actually means “a place of business or activity where gambling takes place.”It’s not the most precise term, but it’s a useful one.The word’s meaning is complicated.And it’s one that, in its current usage, is difficult to parse.This is a problem for casino owners.The casino industry’s growing […]

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