In the middle (bank) Stat MPS. The Palio of Financial Power among the hooded districts of Paris against those of Siena began blocking the operations of Mount Dei Paschi in Mediobanca. Alberto Nagel, Gran Ciambellano di Piazzetta Cuccia and the part of Philippe Donnalet, CEO of Generali, are mobilizing their reliable snacks from Olralpe and […]
Tag: banks
Work at risk Thousands fewer employees: “robots” have entered our banks. Here’s what we’re risking Automated systems driven by artificial intelligence are changing the business world. Among the sectors most at risk is the banking sector, where digitalisation coincides with a decline in employment. italian case
A real earthquake. Artificial intelligence (AI) is already fundamentally changing the business world. If productivity increases, fears about the stability of employment will also increase. In October 2024, the company that controls the Chinese social network TikTok announced the dismissal of hundreds of employees responsible for managing content on its platforms. The task can now […]
Ripple launches bitcoin and cryptocurrency custody tool for banks and businesses
THE Ripplean old company in the cryptocurrency market that controls it XRPannounced a new bitcoin custody service for interested banks and companies. According to a release last Thursday (10), the Wrinkle retention is the new custody division for companies interested in the service. The company further stated that the new functionality included new hardware security […]
Is a guarantor obliged to pay an outstanding debt?
Having a good credit history is key to getting the loan or making it through credits with banking entities, depending on the personal objective of each individual. Read: Rodolfo Hernández remains in the ICU, but with “favorable evolution”: hospital Of note: Four soldiers were injured as a result of ELN intimidation in Cauca In case […]
Italians withdraw $1 billion a day from ATMs
Credit cards and ATMs may be handy, but Italians stick to cashing out and withdrawing a billion euros a day from ATMs. The Unimpresa study center does the math on our pockets, which shows that 360 billion euros were withdrawn from ATMs in 2023, 10 billion more than in 2022 and 18 billion more than […]
Banks, mortgages fall in June as loan decline slows: ABI data
Mortgage and financing interest rates are falling, the decline in loans to families and companies is slowing, and bank deposits are rising, a sign that caution in investments, in times of uncertainty, is what serves as a guiding star. This is the picture taken in June by Abi’s monthly report, which highlights a substantial consolidation […]
European banks’ (and Unicredit’s) record: 100 billion profit in 2023
Given high interest rates and a credit crunch, 2023 has been a tough year for those with or trying to get a variable mortgage. But on the other side of the fence are those who can crack open the champagne bottles and obtain dream dividends and bonuses for shareholders and employees: Europe’s leading banks have […]
US banks could lose $35 billion as a result of the capital rules
Basel III is a set of internationally agreed measures that… Basel Committee on Banking Supervision developed in response to the 2007-2009 financial crisis, with the aim of strengthening bank regulation, supervision and risk management. The members of the committee are the central banks, which monitor compliance with the rules. Each country decides how to apply […]
There is important news about bank transfers
The cost of instant transfers cannot be higher than regular transfers. This was created by the European Parliament, which recently gave the green light to a package of rules to protect customers. . The text, which has already been agreed with governments, updates the existing rules of the single euro payments area (SEPA). The new […]
Messina (Intesa Sanpaolo): Interest rates fall in the second half of 2024
Inflation and interest rates. Public accounts and debts. Growth prospects and inequalities. The next 12 months for the bank that has been in power for 10 years. The opportunity to kick off the World Economic Forum (Wef) in Davos, Switzerland was seized by Carlo Messina, CEO of Intesa Sanpaolo, to express his expectations and judgments […]