conventional banks - Fixanswer - Get your knowledge fix!

Is Shadow Banking Good Or Bad?

January 24, 2024 by Ahmed Ali

Is Shadow Banking Good Or Bad? The good news is that shadow banking has been a major contributor to economic expansion since the 2008 financial crisis. The bad news is that there is always a balance between risk and reward. When the reward seems too great, the risk probably is too. What are the advantages

Does Travel Wise Work In China?

January 24, 2024 by Ahmed Ali

Does Travel Wise Work In China? Wise. We’re excited to announce that TransferWise is launching transfers to China. TransferWise now supports Chinese Yuan (CNY) transfers to Chinese UnionPay card accounts. It’s fast, as fair as ever, and – with a fee starting from ¥24 – it’s great value, no matter how much you’re sending. Which