Tag: credit
Credit risk: what impact from energy and climate shocks?
(Finance) – The Bank of Italy publishes today “The impact of energy and climate shocks on credit risk”, the new issue of the series “Markets, infrastructures, payment systems”. The work…
WFCU Credit Union holds grand opening in Chatham, announces $50K donation
A credit union with a presence throughout the region officially opened its new Chatham location with a big donation on Tuesday. During a special ceremony attended by a number of…
Analysis of the employed tax credit: Disarming the opposition
What does this mean for the wage earners? Everyone will get a tax cut, but those with low and middle incomes will get the highest percentage. At the same time,…
Banks: why UBS will absorb the Swiss branch of Credit Suisse
It hopes, by this date, more than 10 billion dollars in savings from this merger. The Swiss banking giant UBS has chosen to “fully integrate” the Swiss branch of its…
A redistribution of economic power is underway in Europe, and the situation does not look good for Finland: credit partner Germany’s earnings are deteriorating
BERLIN Did you think that Germany is the hotbed of stability and economic growth in Europe? Wrong, it hasn’t been like this for a while. The economies of Italy, which…
Visa and Mastercard are preparing to increase credit card fees for online purchases
(Finance) – According to the Wall Street Journal Visa And MasterCard are preparing an increase in commissions which many merchants pay when accepting customers’ credit cards. The increases, claims the…
UBS waives state protection against losses when buying Credit Suisse
(Tiper Stock Exchange) – UBS Group announced the decision of voluntarily terminate the Loss Protection Agreement (LPA) from CHF 9 billion with the Swiss government following a comprehensive assessment of…
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…