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Deutsche Bank and Commerzbank Lose After $1.9 Billion Sale

The American management company Capital Group caused a strong punishment on the Stock Exchange on Tuesday for Deutsche Bank and Commerzbank. This...

Alternatives to the SWIFT Payment System

SWIFT, also known as Society for Worldwide Interbank Financial Telecommunications, is the most important of all the systems for banking transfers worldwide....
russian

Russian Aggression and its Impact on the World

According to International Energy Agency (IEA), 45% of the Russian state budget in 2021 came from the sale of crude oil and...

Decline of Monte dei Paschi, the World’s Oldest Bank

Monte dei Paschi di Siena (MPS), the world's oldest bank, was found in 1472. The bank's decline comes as a result of...

Indonesia’s Manufacturing Sector Expand Marginally in April

Since April, the S&P Global Purchasing Manager noted that Indonesia's manufacturing sector grew slightly. Based on PMI (Purchasing Manager...

International Banks Worries Continue as the Spanish Power Market Develops

Recently, the Spanish Government has locked horns with large electricity companies over the controversial decree, the government issued this in order to...

“Spain helped Local Companies in Recovering From COVID-19 Pandemic”

Sergio Vélez, Senior Managing Director of global advisory firm FTI Consulting in Spain, said the government has helped companies recover from the...

Investing $50 Per Month Online is Now Possible in European Bourses

Brokerage fees, levied by the banks when buying and selling shares, have just been capped for Share Savings Plan (SSP). Great news...

European Banks May Have to Focus on Their Capital Buffers

Investors in European banks expected good profits in 2022. But their hopes may be frustrated, as the war in Ukraine has increased...

Saudi Arabia Moving Away from Depending on Hydrocarbon Revenues

Saudi Arabia has been looking to diversify its economy. The world's top oil exporting nation wants to move away from its reliance...

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Stock Trading and Fantasy Sports Gaming in a single app: Jock MKT

The Ukraine War Triggers Record Revenues for Investment Banking 

Global Trade
The outbreak of war in Ukraine, together with runaway inflation, is causing a double and conflicting effect on investment banks. It is...

Deutsche Bank and Commerzbank Lose After $1.9 Billion Sale

The American management company Capital Group caused a strong punishment on the Stock Exchange on Tuesday for Deutsche Bank and Commerzbank. This...

Deutsche Bank and EBN Resume Fight for Deposits in Spain

The supply of profitable deposits in Spain, practically zero in the last ten years, is beginning to resurrect. Deutsche Bank has launched...

Alternatives to the SWIFT Payment System

SWIFT, also known as Society for Worldwide Interbank Financial Telecommunications, is the most important of all the systems for banking transfers worldwide....
russian

Russian Aggression and its Impact on the World

According to International Energy Agency (IEA), 45% of the Russian state budget in 2021 came from the sale of crude oil and...

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Excel Fitness Receives Upgrade After Post-Pandemic Survival

Excel Fitness Holdings, Inc., the largest franchise holder and operator of Planet Fitness gyms, received an upgrade from Moody's on April 22....

Cred Inc. Files for Bankruptcy as its Trading Platform Plans to Sue

California-based cryptocurrency investment firm Cred Inc. filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware on...

Women-Focused Healthcare Major Theramex Snapped Up by Carlyle Group and PAI Partners

Global private equity firms Carlyle Group and PAI Partners announced their intention to acquire Theramex. Theramex is a leading global specialty pharmaceuticals...

Shell Buys Russia’s Flagship Crude at a Record Discount

Europe's largest oil company, Shell Plc, purchased a cargo of Russia's crude at a record discount. The move emphasized how much its...

PerkinElmer Agrees To Acquire BioLegend For Around $5.25 billion

PerkinElmer, Inc. has announced an agreement to acquire the leading antibody and research reagent provider, BioLegend, Inc. for around $5.25 billion. This...