Tag: banks
Europe needs bigger banks to compete, says ECB’s Lagarde | News in brief
The head of the European Central Bank seemed sympathetic to the possible intentions of the Italian UniCredit to take over the German Commerzbank. President of the European Central Bank Christine…
Many French and European banks have joined forces to offer a new free mobile payment service. Initially reserved for payments between individuals, the system will eventually make it possible to pay for purchases online and at merchants.
Many French and European banks have joined forces to offer a new free mobile payment service. Initially reserved for payments between individuals, the system will eventually make it possible to…
Banks must be forced to say when the mortgage discount is removed
The interest rate on a mortgage can be increased. The customer must find out that this has happened. – Our interest on the loans was raised and became much worse,…
ECB: European banks’ profitability hits new all-time high
(Finance) – The profitability of banks in Europe has reached a new all-time high at 10.11%in the second quarter of 2024, up from 15.74% in the previous quarter and 15.71%…
Positive markets with focus on central banks, Milan remains on the sidelines
(Telestock) – The financial session on European stock markets is moving in the direction of an increasewhile Piazza Affari remains behind, trading close to the values of the day before,…
Banks, Fed reduces capital requirement increase
(Finance) – The Federal Reserve revises its proposal to increase capital requirements for big American banks, after reactions from the financial sector. The central bank led by Jerome Powell now…
ECB urges European banks still active in Russia to withdraw
Since Russia invaded Ukraine in early 2022, kyiv’s allies, led by the United States and the European Union, have imposed numerous sanctions on Russia. Despite this pressure, more than half…
They couldn’t withdraw their money, they attacked the banks! It turned into a war zone in Lebanon
The escalating war tensions between Israel and Hezbollah have hit the Lebanese economy. The country’s economy, which was already going through difficult times, has almost hit rock bottom with the…
Outer Banks: finally a release date for season 4 on Netflix
Outer Banks season 4 is coming to Netflix very soon. The streaming platform has finally made the release date official. Summary The treasure hunt of John B, Sarah, Kiara, Pope,…
The banks’ margins: “Provocative” or “historically low level”?
According to Elinor Odeberg, chief economist at the union-friendly think tank Arena Idé, households are primarily pressured by increased housing costs, while the banks are doing well. – It shows…