Finance & Economics - page 22

News

Societe Generale Sells UK and Swiss Private Banking Units to Refocus

French banking group Societe Generale has agreed to sell its British and Swiss private banking divisions to Union Bancaire Privée for an estimated price of €900M to achieve “a streamlined, more synergetic and efficient business model”

Articles

Best Gold Loans in India

Gold loans provide quick access to the borrowed funds with minimal paperwork. They are a good financial option for emergency cases or individuals with poor to no credit history. As a country where households possess the world’s largest gold reserves, India has a lot of gold loans providers. Here are some of the best gold […]

News

UK Banks Cut Costs

The largest local financial institutions in the United Kingdom have started to cut costs.

News

US Unemployment Rate Demonstrates Growth

In July, a cooling was recorded in the United States labor market, which turned out to be more widespread than preliminary forecasts regarding the most likely dynamic of the state of affairs in the relevant space.

News

Barclays Reports Q2 Earnings

Barclays on Thursday, August 1, published the results of its operations for the second quarter of the current year.

News

Fed Holds Rates Unchanged

The Federal Reserve decided to keep interest rates at the same level on Wednesday, July 31, but at the same time opened the way for lowering the cost of borrowing at a meeting to be held in September.

News

UBS Sues Bank of America

UBS sued Bank of America for $200 million.

News

Fed Reportedly to Hold Rates

Federal Reserve officials are expected to move closer this week to cutting interest rates from the current levels, which are the highest in about 20 years, but at the same time will not make any specific decisions about lowering the cost of borrowing and will only signal a possible easing of monetary policy in September.

News

China to Focus on Consumption

In China, the local leadership has promised to pay high-level attention to stimulating consumer spending.

News

Euro-Area Economy Demonstrates Growth

In the second quarter of the current year, the eurozone economic system was on a growth trajectory and demonstrated such positive dynamic rates that exceeded the initial expectations of experts regarding the intensity of the rising of the corresponding indicator.

Articles

Are You Starting a Cafe? Simple but Effective Marketing Tips

Are you thinking of starting a cafe? It is an exciting venture, isn’t it? However, it is also true that the competition is high. Ultimately, there are a ton of cafes—sometimes just the ones around you. There are tons of cafes. So, how do you ensure yours gets the needed attention? A well-thought-out marketing strategy. […]

News

ECB Rate Setters Want More Data Before Lowering Cost of Borrowing

This week, the flow of statistical information on the current state of affairs in the eurozone economic system space will provide the European Central Bank with more signals and form by this institution a more accurate understanding of how appropriate it is to decide to continue taking actions within the framework of the monetary policy […]

News

Bank of England Reportedly to Kick Off Slow Cycle of Interest Rate Cuts

The media reports that currently, the dominant point of view among experts is that shortly the Bank of England is highly likely to warn investors that they should not bet on launching the process of consistently cutting interest rates if its policymakers decide this week on a sharp lowering of the cost of borrowing.

News

BofA Says Cooling Economy to Crack Big Tech Rally Even More

Bank of America Corp.’s strategist Michael Hartnett says that the further cooling of the economic system of the United States may be the reason for the continuation of the downturn in the growth of shares of US technology companies.

News

Chinese Provinces Step Up to Entice Business

Currently, there is a kind of political and economic tendency throughout China, which consists in the fact that the municipal authorities of the Asian country are making efforts to retain overseas businesses and increase the trust of local companies, and in this context, the indicative is the example of the leadership of Henan Province, which […]

News

Santander Reports Q2 Earnings

Banco Santander SA has raised its revenue growth target in 2024.

Finance & Economics