Tag: banks
JPMorgan simplifies European structure, concentrates activities in Germany
(Finance) – The US bank JPMorgan Chase has merged most of its activities in the European Union in a single company in Germany, with the aim of simplifying its structure…
In Paris, the booksellers on the banks of the Seine are struggling
It is the largest open-air bookstore in the world, according to the Paris City Hall, and one of the emblems of the French capital. But the booksellers on the banks…
Commerzbank, new provisions but expects a positive net result for 2021
Commerzbanka major German bank, said the Polish subsidiary mBank made provisions for the fourth quarter of 2021 on foreign currency indexed loan agreements for an amount of PLN 2,006 million…
Central banks ease policy to support Chinese and Turkish economy
China’s central bank is lowering one of its benchmark rates to support the country’s economy amid a faltering recovery. At the same time, the Central Bank of Turkey seems to…
the president’s grip on the central bank’s key rates
Recep Tayyip Erdogan persists and signs. On Monday, November 29, he again said he was opposed to any “compromise” concerning the level of key rates of the Central Bank of…