Banking
Goldman Sachs profits surge ahead to beat analyst forecasts
Business
15.04.2024
Goldman Sachs profits surge ahead to beat analyst forecasts
Goldman Sachs has surprised analysts its report of a double-digit rise in revenues and profits for the first three months…
Judges retarget bank-rescue fund, ruling 2022 subscription unlawful
My Europe
13.04.2024
Judges retarget bank-rescue fund, ruling 2022 subscription unlawful
Banks’ payments to a controversial €78bn crisis fund in 2022 were unlawful, EU judges said today (10 April) – the…
A more bankless society is on the horizon — and it’s a good thing
Business
13.04.2024
A more bankless society is on the horizon — and it’s a good thing
A more bankless society is on the horizon, where self-custody and innovative technologies grant individuals greater control and efficiency. Gnosis…
Societe Generale to sell equipment financing business to BPCE for €1.1bn
Business
13.04.2024
Societe Generale to sell equipment financing business to BPCE for €1.1bn
France’s third largest bank is to sell a professional equipment financing business to its French rival BPCE as part of…
JPMorgan opens earnings season with profit rise and risk warning
Business
13.04.2024
JPMorgan opens earnings season with profit rise and risk warning
The largest US bank JPMorgan kicked off earnings season with a modest 6% annual rise in first-quarter profits on Friday, however,…
Wirecard shareholders suing audit giant EY Germany over asset-stripping claims
Business
08.04.2024
Wirecard shareholders suing audit giant EY Germany over asset-stripping claims
Former Wirecard shareholders are suing audit firm EY Germany, accusing it of internal reorganisation and potentially asset stripping it to prevent…
EU banks under attack over funds to ecosystem wreckers
Business
26.03.2024
EU banks under attack over funds to ecosystem wreckers
Several major European banks could potentially be contributing to ecosystem destruction and extinction, according to a study published by Milieudefensie…
Nationwide apologises to customers as tech glitch delays payments
Business
22.03.2024
Nationwide apologises to customers as tech glitch delays payments
Nationwide Building Society saw a number of payment delays on Friday morning, impacting payments to and from Nationwide to other…
The European Central Bank penalises Crédit Mutuel with €3.5 million fine
Business
22.03.2024
The European Central Bank penalises Crédit Mutuel with €3.5 million fine
For using a method leading to underestimating the credit risk on certain loans, «the European Central Bank (ECB) has imposed…
Where do European banks stand in the ranking for strongest brands?
Business
22.03.2024
Where do European banks stand in the ranking for strongest brands?
Four of the biggest Chinese banks sit on top of the list of the world’s 500 most valuable banking brands,…