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A recent report claimed that “the App Economy employs now 466,000 people in the United States, up from zero in 2007 when the iPhone was introduced”. The author, Dr. Michael Mandel of South Mountain Economics, LLC, concludes that “Innovation creates jobs, and in this case, lots of them”. Some insiders are slightly less impressed about [...]
The INTERNATIONAL BANKING CORPORATION of Bahrain with SWIFT code IBCBBHBM is under administration. The external administrator is Trowers & Hamlins. The case is not connected to the trouble of hat Gulf International Bank (GIB) in 2009 due to its investments in complex derivatives and hedge funds. The Gulf International is an investment bank jointly owned [...]
THe SWIFT code is a unique identification code for a each bank world-wide. For individual users, the SWIFT Code is normally required by banks to transmit money across international borders. It is widely used to transfer money and messages between banks and some non-financial institutions as a standard format of Business identifier codes (BIC). The [...]