Banking

Goldman Sachs profits surge ahead to beat analyst forecasts
Business

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

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

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

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

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

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

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

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

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

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,…
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