Tag: credit
Banks, Moody’s: tax on “negative credit” extra profits by sector
(Tiper Stock Exchange) – The new tax on extra profits “is credit negative” for the sector: Moody’s experts say this in a report explaining that the Italian banking system will…
“Earth Overshoot Day”: from this Wednesday, August 2, humanity lives on credit
This Wednesday August 2 marks the day when humanity will have exhausted all the resources the planet has to offer. Every year since 2006, the NGO Global Footprint Network publishes…
The US credit rating is downgraded
Fitch writes in a statement that “the downgrade reflects the expected deterioration of finances over the next three years, a high and growing national national debt and an erosion of…
Generalfinance increases the RCF credit facility to 173 million euros
(Tiper Stock Exchange) – generalfinancea company listed on Euronext STAR Milan and a financial intermediary specializing in factoring for distressed SMEs, has finalized a increase in the amount of the…
Judge scolds system giving offenders extra credit
News Local News Published Jul 28, 2023 • Last updated 1 day ago • 2 minute read Brantford’s Joshua Beaver was sentenced for a wild ride when he avoided police,…
UBS to Pay Hundreds of Millions Again for Risks Taken by Credit Suisse
A little over four months ago, the bank Credit Suisse, number 2 in the country, went bankrupt and caused the beginning of panic on the markets. Under pressure from the…
SACE with the Higher Committee for Export Credit of the Republic of Iraq
(Tiper Stock Exchange) – SACEthe Italian insurance-financial group directly controlled by the Ministry of Economy and Finance, announces an important new agreement with the Superior Committee for Export Credit from…
Citigroup, profit down 36% in the 2nd quarter. Expenses and cost of credit go up
(Tiper Stock Exchange) – citigroup has registered a Net income for the second quarter 2023 of $2.9 billion, or $1.33 per share, up revenues of 19.4 billion dollars. This compares…
Prysmian renews 1 billion euro revolving credit line
(Tiper Stock Exchange) – Prysmiana company listed on Euronext Milan and active in the energy and telecommunications cable systems sector, has subscribed with a pool of leading national and international…
Real estate credit: the fall has accelerated in recent months… before a rebound in 2024?
The fall in the amount of real estate loans granted has increased in recent months but their amount could start rising again next year, according to figures published on Tuesday,…