Tag: Banking

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Emergency ECB stimulus could end next March – Holzmann

The European Central Bank could end its emergency stimulus scheme. Austrian central bank chief Robert Holzmann said that the markets may be right in...

Irish Central Bank raises 2021 growth forecast to 8.3%

Ireland’s central bank raised its growth forecast for 2021 for the second time. This is as the progress of the COVID-19 vaccination campaign, improving...

Scandal-hit Credit Suisse considers creating single private bank

Credit Suisse Group AG is considering to centralize the management of its bankers to the world’s wealthy, reversing a regional structure put in place six...

Caixa bank to cut 6450 jobs in Spain’s biggest banking staff overhaul

Caixabank with its union spokesperson announced that they have agreed with unions to lay off 6,452 employees. And this will be the biggest ever...

HSBC fund arm backs former Rosenberg Equities CEO in ESG startup

HSBC Asset Management, the fund arm of Britain’s biggest bank, said that it would take a minority stake RadiantESG. This is a women-led U.S.-based...

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Trump Says US Crackdown Has Prevented Billions in Losses From Overseas Scams

US President Donald Trump said his administration has made...

Palantir Assures Europe NATO’s Military AI System Cannot Be Switched Off Amid US Technology Concerns

US software company Palantir Technologies has sought to ease...

Anthropic Reports $80.7 Billion First-Half Loss as AI Infrastructure Costs and IPO Scrutiny Intensify

Anthropic, the San Francisco-based artificial intelligence company behind the...

Yen Weakens Against Dollar as Investors Assess Global Market Risks

Global currency markets showed mixed movements on Tuesday, October...

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