PQH's €0.5 Billion Sale Boosts Greek Non-Performing Loan Recovery
PQH, a Greek asset management company, completed the sale of a €4.8 billion non-performing loan portfolio for approximately €0.5 billion, increasing total recoveries to €1.7 billion since its 2016 founding, showcasing its role in resolving Greece's banking crisis.
PQH's €0.5 Billion Sale Boosts Greek Non-Performing Loan Recovery
PQH, a Greek asset management company, completed the sale of a €4.8 billion non-performing loan portfolio for approximately €0.5 billion, increasing total recoveries to €1.7 billion since its 2016 founding, showcasing its role in resolving Greece's banking crisis.
Progress
44% Bias Score
Greek Government Weighs Intervention in Swiss Franc Loan Crisis
The Greek government is considering intervention in the issue of Swiss franc loans, impacting thousands of borrowers with €4.5 billion in debt, while facing constraints from Supreme Court rulings and concerns about financial stability.
Greek Government Weighs Intervention in Swiss Franc Loan Crisis
The Greek government is considering intervention in the issue of Swiss franc loans, impacting thousands of borrowers with €4.5 billion in debt, while facing constraints from Supreme Court rulings and concerns about financial stability.
Progress
28% Bias Score
Germany Weighs Executive Powers to Block UniCredit's Commerzbank Bid
Germany is considering using executive powers to block UniCredit's increased stake in Commerzbank, citing national security concerns and antitrust laws, in response to the Italian bank's approximately 28 percent indirect ownership.
Germany Weighs Executive Powers to Block UniCredit's Commerzbank Bid
Germany is considering using executive powers to block UniCredit's increased stake in Commerzbank, citing national security concerns and antitrust laws, in response to the Italian bank's approximately 28 percent indirect ownership.
Progress
56% Bias Score
Sophisticated Counterfeit $50 Bills Halt USD Purchases in Turkey
The Turkish Central Bank (TCMB) revealed a report on counterfeit $50 bills, noting sophisticated techniques like mimicking magnetic properties and laser-printed serial numbers, causing banks to temporarily halt USD purchases; 232 counterfeit bills were identified.
Sophisticated Counterfeit $50 Bills Halt USD Purchases in Turkey
The Turkish Central Bank (TCMB) revealed a report on counterfeit $50 bills, noting sophisticated techniques like mimicking magnetic properties and laser-printed serial numbers, causing banks to temporarily halt USD purchases; 232 counterfeit bills were identified.
Progress
32% Bias Score
FDIC Sues 17 Former Silicon Valley Bank Executives for Negligence
The FDIC sued 17 former Silicon Valley Bank executives for negligence and fiduciary breaches, seeking billions in recovery for the bank's March 2023 collapse that involved ignoring prudent banking standards and paying a large dividend shortly before failure.
FDIC Sues 17 Former Silicon Valley Bank Executives for Negligence
The FDIC sued 17 former Silicon Valley Bank executives for negligence and fiduciary breaches, seeking billions in recovery for the bank's March 2023 collapse that involved ignoring prudent banking standards and paying a large dividend shortly before failure.
Progress
48% Bias Score
Credit Suisse Collapse: Internal Mismanagement and Regulatory Failures Blamed
A Swiss parliamentary report blames Credit Suisse's 2023 collapse on internal mismanagement, citing 33.7 billion Swiss francs in losses and 39.8 billion francs in management bonuses over 12 years, while also criticizing ineffective regulatory oversight by FINMA and recommending stricter regulations ...
Credit Suisse Collapse: Internal Mismanagement and Regulatory Failures Blamed
A Swiss parliamentary report blames Credit Suisse's 2023 collapse on internal mismanagement, citing 33.7 billion Swiss francs in losses and 39.8 billion francs in management bonuses over 12 years, while also criticizing ineffective regulatory oversight by FINMA and recommending stricter regulations ...
Progress
36% Bias Score
SNB Halves Interest Rate, Echoing 2010s Low-Rate Era and Raising Concerns
The Swiss National Bank halved its key interest rate to 0.5 percent, nearing zero, mirroring potential ECB actions and recalling the 2010s' low-interest-rate era; this decrease impacts savers and may lead to legal challenges, while the ECB expresses concerns about government debt sustainability in s...
SNB Halves Interest Rate, Echoing 2010s Low-Rate Era and Raising Concerns
The Swiss National Bank halved its key interest rate to 0.5 percent, nearing zero, mirroring potential ECB actions and recalling the 2010s' low-interest-rate era; this decrease impacts savers and may lead to legal challenges, while the ECB expresses concerns about government debt sustainability in s...
Progress
40% Bias Score