Friday , 19 December 2025

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Swedish government wants bank tax that ‘really hits’ right targets

Bloomberg Sweden’s government wants to revisit the idea of imposing a tax on the financial industry. Finance Minister Magdalena Andersson says her goal is to have a levy that singles out banks with far more precision than previous proposals. “It should include only the financial sector,” she said in an interview in Stockholm. “We want one that has a more …

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Goldman’s Apple card offers big win for Georgia firm

Bloomberg Goldman Sachs Group Inc. has picked a little-known technology firm to help handle payments for its planned credit-card partnership with Apple Inc. The bank struck a deal last year to license payments-processing software from CoreCard Software, owned by Intelligent Systems Corp., to help with its foray into the consumer-card business, according to a person with knowledge of the matter, …

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Loan loophole saved new Kazakh central bank head from debt claim

Bloomberg The new chief of Kazakhstan’s central bank dodged a debt claim in 2014 thanks to a legal system that’s failed to protect lenders from rampant defaults and repeated crises. In 2014, Yerbolat Dossayev and three business partners were given a reprieve on repaying 1.9 billion tenge, then worth $13 million, that they’d personally guaranteed to the central Asian country’s …

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