Tag: banks
New EU Sanctions Target Russian Oil and Banks
The European Union is preparing to target Russia with new sanctions because of its war on Ukraine. EU High Representative for Foreign Affairs Josep Borrell said that Russia’s oil sector,…
Banks, Messina: “Company deposits increased by 100 billion euros in 2 years. Return to investing”
(Finance) – “The deposits of companies in the two years of the pandemic increased by 100 billion euros, those of families by 130 billion. If these funds were to return…
Banks, ABI: “Cyber attacks since February. Data protection measures have been taken”
(Finance) – L‘Italian banking association since February it has been the recipient of cyber attacks. This is what ABI makes known in a note underlining that “the complaints have been…
Positive session for Piazza Affari, the banks rise
(Finance) – Positive day for European stock exchangeson a day marked by quarterly reports of large multinationals (the positive performances of ASMLwith a demand higher than the current production capacity,…
Tonic European exchanges. In Milan the banks are doing well
(Finance) – Positive balance for the financial markets of the Old Continent which improve in the mid-morning compared to a more cautious start. Widespread purchases also affect the FTSE MIB…
Beijing eases constraints on its banks
The Chinese People’s Bank, the central bank, lowers the reserve requirement rate for banks, which corresponds to the share of deposits that they must keep in their coffers. This measure…
Session to forget for Piazza Affari, bad banks and cars
(Finance) – I fears about monetary policies increasingly restrictive by global central banks, especially the Fed, and the new sanctions against Moscow knock out European stock exchanges in today’s session.…
Washington prohibits Russia from paying its debt with dollars held in US banks
While the European Union has announced new sanctions against Moscow, the United States, which until now has allowed the Russians to access funds to pay their debt in dollars, has…
Banks, ECB: progress on climate risks, but gaps remain
(Finance) – Although European banks have made progress in the disclosure of climatic and environmental risks, the European Central Bank (ECB) says that no bank fully meets supervisory expectations. Frankfurt,…
Russians living in Germany complain of discrimination from their banks
Three to six million Russians live in Germany, most of them arrived at the fall of the wall in the Federal Republic, some descendants of German minorities in Russia. Since…