BANKRUPTCY: The closure of SVB has caused some repercussions on the market Slight wind of panic on the markets. Silicon Valley Bank (SVB) was closed by US authorities on Friday, marking the largest bank failure in the United States since the 2008 financial crisis. The American Deposit Guarantee Agency, the FDIC, has taken control of the establishment, which should […]
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As bitcoin and other digital assets go mainstream, traditional banks want a piece of the action. Singapore’s crypto-friendly regulations are paving the way. Institutional interest in cryptocurrencies and digital assets has increased exponentially in recent months, and in a sign of growing mainstream adoption of this nascent asset class, traditional banks are now joining in […]
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MONEY: Although there shouldn’t be a shortage of cash, banking services could slow over the coronavirus confinement period Banks, which are part of essential businesses, remain open during confinement. All the usual services and operations are accessible, but players in the banking sector call for priority to remote solutions. If the agencies are open, some […]
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Facebook is launching into cryptocurrency with “Libra”, a new means of payment that should particularly benefit the billion people “excluded” from the banking system Facebook will it fly with its 2.7 billion users with cryptocurrencies? In any case, this is his intention with “Libra”, a virtual currency meant to buy goods or send money as easily as an instant […]
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FINANCIAL: BNP Paribas is planning to transfer to the equivalent of 300 jobs from London to Paris because of the decision of the UK to leave the European Union, told Reuters a source familiar with the matter. The French bank BNP Paribas could transfer the equivalent of 300 London jobs in Paris because of Brexit, […]
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BNP Paribas supports individuals, associations, entrepreneurs, SMEs, large companies and institutions. It recruits throughout the West, and Sarthe. BNP Paribas supports individuals, associations, entrepreneurs, SMEs, large companies and institutions. “Engaged in alternation for twenty years, to promote the integration of young people in employment” , the bank recruited a hundred students for the next school […]
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The US bank Goldman Sachs said on Tuesday they would move within 18 months, London jobs to the European continent, because of the risks of Brexit. “We will be hiring people in Europe and they will travel” , explained Richard Gnodde, general manager of the Bank for International, interviewed on CNBC in London. “We set […]
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The market capitalization of French banks could be amputated by a quarter in case of victory by Marine Le Pen in the presidential election, wrote Wednesday in a note Citigroup, where she estimated 20% the chances of the Front National to become president. “On average, our scenario ‘stressed’ indicates a recovery of 25% lower than […]
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BANKING: Groupe BPCE unveiled on Tuesday a plan of one billion euros in savings in its retail banking activity … Cure austerity perspective within Groupe BPCE, which oversees the Banque Populaire and Caisse d’Epargne. The French banking giant unveiled on Tuesday a plan of one billion euros in savings in its retail banking business. #TransfoGroupeBPCE | […]
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Personal Finance: La Banque Postale will launch between May and September 2018 its 100% digital library available on smartphone and tablet. The goal is to conquer more than one million mobile customers by 2025. La Banque Postale will launch mobile banking in mid-2018 while the competition is growing in this market and the subsidiary of […]
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