Banking

The War on Financial Exclusion

Author: ALBERTO LOPEZ In fifteen years, Spain has lost 60% of its bank branches, more than 27,000 offices, and in…

2 years ago

UBS management warns that it will take up to four years to close the merger with Credit Suisse

Author: PIERRE ALBOUY | Reuters The new entity will reduce the weight of the investment banking business to attract more…

2 years ago

Credit Suisse apologizes to its shareholders and says the sale was agreed to avoid a global “catastrophe”

Author: PIERRE ALBOUY | Reuters Those affected attack the board at a tense meeting: "In the Middle Ages, for actions…

2 years ago

Swiss prosecutors are investigating the purchase of Credit Suisse for possible irregularities

Author: Europe Press Contact Lian Yi | EUROPAPRESS The contract with UBS, which will have public guarantees, was signed behind…

2 years ago

UBS and Credit Suisse are calling their shareholders, who will not be able to vote on the bailout

Author: DENIS BALIBOUSE | Reuters The purchase of another bank will mean the layoff of around 10,000 jobs and the…

2 years ago

The ECB does not see a flight of deposits in the eurozone

Author: Ralph Orlowski | Reuters He points out that financial turmoil has a "disinflationary" effect The banks from euro zone…

2 years ago

Spanish families withdraw 18,000 million of their bank deposits in just two months

Author: CAPE Higher consumption due to inflation and the search for more profitable products explains the movement Spanish families withdrew…

2 years ago

Garamendi criticizes the impact of “taxes” on banks before the new financial crisis

Author: Orlando Barria | EFE The president of CEOE believes that the sector would be better equipped without the "interventionism"…

2 years ago

Nervousness again drags European banks to the stock exchanges

Author: TOBY MELVILLE | Reuters Deutsche Bank at the forefront of the decline records declines of more than 8% The…

2 years ago

UBS is offering to buy back $2.75 billion in bonds issued two days before the Credit Suisse takeover

Author: DENIS BALIBOUSE | Reuters Therefore, it gives a way out to investors who invested their money before the integration…

2 years ago