Tag: banks
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…
Now the banks earn even more from the mortgages
– Now that the banks are earning so well and interest rates are falling, it’s time to go to the bank and renegotiate your mortgage, says Moa Langemark, consumer protection…
The banks’ margin on mortgages is increasing
At the same time that many borrowers are burdened with high interest costs, the banks’ profit on mortgages is increasing. This is shown by new figures from the Financial Supervisory…
Sweden’s consumers are critical of the big banks: Lowering interest rates too slowly
In connection with the Riksbank’s interest rate cut on 20 August, the major Swedish banks have lowered their lending rates. But it is going too slowly, according to the non-profit…