Tag: banks
In the UK, heat banks are multiplying against the energy crisis
Due to exploding costs, 60% of Britons have to restrict their heating, and one in five cannot even turn it on. So, “heat banks” are springing up across the country:…
Banks, Abi-unions agreement: contract expiry suspended until 28 February 2023
(Finance) – ABI, Fabi, First-Cisl, Fisac-Cgil, Uilca and Unisin – in order to start the process for the renewal of the CCNL – shared the suspension, until 28 February 2023,…
Europe, big banks well positioned to resist the economic slowdown
(Finance) – Most of the big European banks are well positioned to address the economic slowdown in 2023 and its impact on asset quality. This is stated by Fitch Ratings…
Almawave, agreement with CBI for new fintech services to Italian banks
(Tiper Stock Exchange) – Almawave, company of the Almaviva Groupa leader in Artificial Intelligence (AI), Natural Language Analytics and Big Data services e CBI extensiona company owned by 400 payment…
In red Wall Street. Central banks are scary
(Finance) – A “bad” day for the US Stock Exchange, where there is nervousness among operators due to the risk that central banks could cause a recession due to the…
Italian banks, DBRS: leap in net interest income in 2023
(Finance) – DBRS Morningstar sees the upward trend of the NII (Net Interest Income or interest margin) as a lever for Italian banks to absorb the greatest risks due to…
Banks, EBA: prepare for asset deterioration, caution on dividends
(Finance) – Le European banks “they should prepare for a likely deterioration in asset qualityRising rates could increase debt payments and reduce collateral valuations, while higher inflation and slower economic…
Banks, Villeroy (ECB): caution needed on buybacks
(Ticker) – “Nothing today seems to justify a general restriction on dividend payments like what was temporarily done in 2020″. Francois Villeroy de Galhau, head of the French financial regulator…
United Kingdom: with the crisis, food banks are increasingly in demand
Choosing between heating or eating: in the United Kingdom, this dilemma affects more and more people. Inflation has reached 11% this month and energy bills are skyrocketing. In London, fewer…
Wall Street remains at stake. Focus on central banks
(Finance) – The Wall Street stock market continues to fall with the focus of investors remaining concentrated on central banks. The market is still digesting the comments from the New…