SVB closes in united states

SVB Closes, Biggest Bank Failure in the United States since 2008

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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Singapore’s DBS bank becomes first in Asia to offer crypto exchange

Singapore’s DBS Bank Becomes First in Asia to Offer Crypto Exchange

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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Are banks open during the coronavirus confinement ?

Coronavirus: Are Banks in Service During Confinement?

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 launches "Libra", its own virtual currency

Facebook Launches “Libra”, its Own Virtual Currency

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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With Brexit, BNP Paribas plans to transfer 300 jobs to Paris

Brexit: BNP Paribas Plans to Transfer up to 300 Jobs to Paris

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 is to recruit 99 students from Western France

BNP Paribas Recruits 99 Students in Sarthe and the West

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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Goldman Sachs will move jobs from the City to Europe with Brexit

Brexit: Goldman Sachs will move Jobs from the City to Europe

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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French banks could be affected by the election of Marine Le Pen for president.

A Victory of Marine Le Pen would Melt the Value of French banks

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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Banque Populaire to close 400 branches across France and lose 11000 jobs

Banque Populaire and Caisse d’Epargne will Close more than 400 Branches, 11,000 Job Losses

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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La Banque Postale is due to launch its mobile banking by mid 2018

La Banque Postale will Launch its Mobile Banking mid-2018

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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