In the world of banking, transformative companies are rare. But when they come along, they can have a big impact. Nu Holdings is one such business. It is upending the status quo in Latin America, tack

THE money that we deposit into our bank accounts doesn’t just sit in a safe until we need to withdraw it. Banks use our money to fund their other profit-making activities – from loans to investments.

One of the least financially literate people I have ever met was a friend who as a teenager accumulated an unarranged overdraft of £50 on her newly opened bank account. Having been told she must recti

Companies in the news ...and how they were assessed

TODAY’S DEBATE OVER THE FUTURE OF HIGHER education is often framed as a choice between diversity and meritocracy, as if universities must choose between the identity and the quality of their students.

paulkrugman.substack.com America’s oligarchs have orchestrated an “unprecedented power grab”, says Paul Krugman. Ever since the Supreme Court’s “Citizens United” ruling, which removed all restrictions