To better visualize the subnational microfinance landscape in Nigeria, we partnered with the Microfinance Information Exchange (MIX) to build Nigeria.MIXmarket.org. The new site is a window into a part of the world experiencing a microfinance boom with growth rates ranging between 20 to 50 percent over the past few years. The site shows where banks are and aren’t operating and aims to help show why by relating the locations of microfinance banks with potentially relevant socio-economic indicators.
Concerned about seeing their huge profits cut, six big banks are leading the charge to weaken or block new financial regulations being considered in the United States Senate. To push their cause these banks have hired 145 former government officials—congressmen, staffers and executive branch officials—to lobby on Capitol Hill and in the executive branch.
The top six bank holding companies engaged in lobbying on financial regulation include Bank of America, JPMorgan Chase, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley. According to the Center for Responsive Politics, these banks spent a combined total of $23.8 million lobbying Washington in 2009.
Criminal complaints and developing disclosures in the Galleon insider trading case allege a far-reaching and complex scheme. Here, the known and alleged relationships.