Tag: banking
Taking advantage of the interest in pension reform, cybercriminals usurp the identity of Agirc-Arrco, the supplementary pension organization to trap victims by stealing their personal and banking data.
Taking advantage of the interest in pension reform, cybercriminals usurp the identity of Agirc-Arrco, the supplementary pension organization to trap victims by stealing their personal and banking data. As the…
Wall Street remains at stake. Focus on quarterly banking and retail sales
(Tiper Stock Exchange) – Wall Street is slow movingdespite a strong start to the banking quarterly season. JPMorgan Chase (first quarter profit up 52%), citigroup (first quarter profit up 7%)…
Bankitalia, Visco: “The banking system doesn’t worry, but financial intermediation”
(Finance) – “Italian banks are better off than in the 2007-08 crisis. Technology and social media have speeded up the crisis”. That’s what the said governor of the Bank of…
Anders Borg: “Banking crises are more dangerous than inflation”
The bank failures and bank frenzy of recent weeks have created turbulence in the financial world. A banking disaster rarely comes alone and the risks of financial crises are enormous.…
The Fed raises its key rate again despite the banking turbulence
The U.S. central bank (Fed) raised its rate by a quarter of a percentage point on Wednesday, seeking to balance its fight against inflation and the turmoil in the banking…
Credit Suisse and UBS: “Here, the banking system is a gigantic open-air casino”
A very precarious calm seems to have returned to the financial markets after the rescue of the Swiss bank Credit Suisse by its competitor UBS, thus giving birth to a…
The US Stock Exchange is in red with concerns for the banking sector
(Tiper Stock Exchange) – Bad session for Wall Streetwith the investor focus remains on the banking sector. First Republic Bank is still under pressure, despite the announcement that a number…
the secretary of the Treasury tries to reassure on the solidity of the banking system
US Treasury Secretary Janet Yellen tried on Thursday to convince US parliamentarians of the soundness of the US banking system after the bankruptcy of the SVB bank, while the setbacks…
ECB raises interest rate despite banking crisis
The European Central Bank raises the key interest rate by 50 points (0.5 percentage points) despite the prevailing banking crisis. The bank’s key interest rate is now 3.5 percent. According…
Fed, Bowman: US banking system remains resilient, with strong capital and liquidity
(Finance) – “The US banking system remains resilient and on a solid footing, with strong capital and liquidity throughout the system,” he said Michelle Bowman, who serves on the Federal…