As a result of the lockdown and quarantine, migrants will send 20 percent less money home to families in developing countries, according to World Bank estimates. Given the lifeline that these transactions provide for many poor families, this is set to send economic shock waves through those countries.

With bureaucracy slowing favourable emergency loans to desperate businesses in Italy, the Mafia are only too happy to step in and provide an alternative to the country’s banks. Investigators are now concerned that some of these publicly guaranteed loans – when they do appear – will end up supporting Mafia-owned businesses.

The Corona crisis is an extraordinary situation that requires something from all of us to get through it as best we can, in relation to both health and economic impacts. I therefore also assume that common sense will prevail in companies so that we are able to coordinate our everyday life jointly and get through this difficult time, says Kent Petersen, President of Finansforbundet.

Finansforbundet and FA launch recommendations to get more women leaders in the financial sector

Are you one of those who have been sent home to work in order to limit the spread of the coronavirus disease? And is working at home something that you are not used to? Here are a few tips on how you can maintain motivation and keep your zest for work intact.

President of Finansforbundet Kent Petersen is pleased that the new collective agreement includes concrete measures for enhancing employee satisfaction and that everyone is guaranteed an increase in real salary

The UK-based neobank Revolut has raised DKK 3.5 billion to continue in its quest to become the world's first global bank. Experts expect that the record-breaking amount, which values Revolut as the largest in Europe, will generate more money for other neobanks - and challenge traditional banks in the long run.

Copenhagen Fintech Week, which this year takes place on 25-29 May, expects to attract 1,500 participants from startup environments throughout the world, as well as banks, investors and authorities. The main conference at the Odd Fellows Mansion will, among other things, host a massive Nordic exhibition on how fintech can create a more sustainable world.

Kent Petersen, the President of Finansforbundet is delighted that a new col-lective agreement was signed on 17 February which will give financial sector employees a real salary increase. “It is a collective agreement that is based on common sense and with a salary increase that is exactly where it should be,” he says.

Neobank Revolut, which aims to become ‘the world's first real global bank’, is rolling out an independent banking solution for children and young people down to the age of seven next month.

Speed dating, networking, Danish lessons and volunteer work. These are some of the events that bring finance employees with a foreign background and internationally-oriented Danes together in a new network. So says New Zealander Vicki Leigh-MacKenzie from Danske Bank, who is behind the network.