Banking

Colombia’s Fiscal Rule May Be Loosened as Government Signals Growth Priorities Over Austerity

Colombia’s government, through its finance ministry, has indicated that strict adherence to the nation’s fiscal rule would not be prioritized at the cost of...

Raiffeisen Bank’s Russian Profits Rise Despite Ongoing Withdrawal Efforts

It was reported that Austria’s Raiffeisen Bank International (RBI) had increased its profit in Russia during the first quarter of the year, a development...

Mediobanca Moves to Reshape Italian Finance with Strategic Bid for Banca Generali

A decisive move was made by Mediobanca to alter the landscape of Italian finance when a €6.3 billion offer was launched to acquire Banca...

Mediobanca Bid by Monte dei Paschi Defended Amid Governance Concerns

A public response was issued on Monday by Monte dei Paschi di Siena (MPS) in defense of its proposed acquisition of Mediobanca, following criticisms...

Calls for Stricter Regulations on UBS Amid Concerns Over Financial Stability

A proposal had been introduced on Monday by the second-largest political party in the Swiss parliament, advocating for tighter regulations on UBS. The measures...

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