Loans For Less

500 Jobs Cut From HSBC

The global credit crisis keeps spreading like a financial plague as it forces HSBC to cut 1,100 jobs or around 4 per cent of its workforce with 500 positions in the UK alone. Most of the positions that will be lost are within their global banking and markets operation. Bradford & Bingley also reported job cuts [...]

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Islamic Finance Becoming More Mainstream

According to the Times Online the global Islamic finance market is growing at a rate of 15% per year and is expected to be valued at $1,000 billion by 2010. The UK alone has seen this finance sector grow to £500 million as a report reveals 400,000 Muslims hold Sharia-compliant products. Islamic financial products are designed to [...]

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