Banking
Germany’s commercial real estate plunge could be a threat for banks
Business
21.03.2024
Germany’s commercial real estate plunge could be a threat for banks
Europe’s rapidly deteriorating commercial real estate crisis could potentially impact its banks as well. Back in July 2023, European banks…
Euro finance ministers call for relaunch of bank securitisation
My Europe
12.03.2024
Euro finance ministers call for relaunch of bank securitisation
Euro area ministers on Monday (11 March) agreed a wishlist of financial reforms – led by a controversial relaunch of…
Nationwide in plan to cash in with Virgin Money purchase
Business
10.03.2024
Nationwide in plan to cash in with Virgin Money purchase
Nationwide Building Society has surprised the banking world with an agreement to buy Virgin Money for £2.9 billion (€3.4 billion),…
Swiss bank chief Thomas Jordan to step down after more than a decade
Business
01.03.2024
Swiss bank chief Thomas Jordan to step down after more than a decade
Thomas Jordan will hand over his title as chairman of the Swiss National Bank (SNB) in September, the institution announced…
What are shadow banks and why are they failing in China?
Business
27.02.2024
What are shadow banks and why are they failing in China?
Chinese trusts and wealth management companies have been struggling under the weight of tightening regulations and China’s persistent property crisis…
Santander sets sights on investors with dividend hike and share buyback scheme
Business
19.02.2024
Santander sets sights on investors with dividend hike and share buyback scheme
Spanish bank Santander has announced a share buyback programme of €1.5 billion and says it will raise its dividend for…
Swiss banking giant UBS sees hopeful future, despite losses
Business
06.02.2024
Swiss banking giant UBS sees hopeful future, despite losses
UBS Group AG reported a pretax loss of $751 million (€699.7 million) for the closing three months last year, as the…
