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 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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