Bangladesh's Grameen Bank grew from loans made in a famine
Muhammad Yunus lent his own money to villagers in the 1974 famine. By 2013 his borrowers owned 97 percent of the bank, the New York Times reported.
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The account a UK customer described, against the one they ran
UK banks must check transactions against what they know of a customer. Santander flagged a mismatch in 2014, acted in 2015, and was fined £107.7m.
Leaning on credit ratings may have deepened the crisis
Bank of England economists say mechanical reliance on ratings lay beneath the financial crisis. Standard & Poor's calls a rating one input to a decision.
Brazil's Pix instant payments undercut card fees
Brazil's central bank launched Pix in 2020, free for individuals and far cheaper than cards, and it now leads the country's payments.
Home loans become bonds, and the bank picks which ones go in
A mortgage-backed security pools home loans into one bond. US bonds mostly pass income straight through, while the EU counts only bundles cut into risk tiers.