Tag #Banking

Showing 1 to 12 of 215 results

cincodias.elpais.com
🌐 85% Global Worthiness
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Santander to Acquire TSB Bank for €3.1 Billion

Banco Santander will acquire TSB Bank from Banco Sabadell for €3.1 billion, creating the UK's third-largest bank by current accounts and fourth by mortgages, with projected synergies of €460 million and a 13% CET1 capital ratio by 2025.

Progress

40% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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BBVA Weighs Government Condition on Banco Sabadell Acquisition

BBVA is evaluating a new Spanish government condition on its acquisition of Banco Sabadell, mandating Sabadell's operational independence for 3–5 years, potentially leading to the withdrawal of BBVA's takeover offer.

Progress

48% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
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BBVA's Sabadell Bid Awaits Government Decision Amidst TSB Sale Uncertainty

BBVA's takeover bid for Sabadell faces a crucial government decision this week, with the potential sale of Sabadell's UK subsidiary, TSB, adding complexity; the offer's success hinges on the government's conditions and shareholder acceptance by September.

Progress

32% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 90% Global Worthiness
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Global Banks Increase Fossil Fuel Financing by \$162.5 Billion in 2024

The world's top 65 banks financed \$869 billion in fossil fuels in 2024, a \$162.5 billion increase from 2023, driven by banks' retreat from climate commitments and lack of binding regulations; American banks led the way, while some European banks showed stronger exclusion policies.

Progress

56% Bias Score

Climate Action
jpost.com
🌐 85% Global Worthiness
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Israel's Bank Cooperation Halt Threatens Palestinian Goods Supply

Israel's Finance Minister Bezalel Smotrich ordered a halt to cooperation with Palestinian banks, potentially cutting off essential goods like food and fuel to Palestinian territories, citing a delegitimization campaign by the Palestinian Authority. This follows sanctions against Smotrich by the UK a...

Progress

40% Bias Score

No Poverty
aljazeera.com
🌐 90% Global Worthiness
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Israel Cuts Off Palestinian Banks Amidst Sanctions

Israeli Finance Minister Bezalel Smotrich cancelled a waiver enabling Palestinian banks' operations, impacting millions, in response to international sanctions against him and another minister for inciting violence against Palestinians.

Progress

40% Bias Score

No Poverty
elpais.com
🌐 85% Global Worthiness
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Sabadell Sells TSB to Santander Amidst BBVA Takeover Bid

Banco Sabadell sold its British subsidiary, TSB, to Banco Santander for €3 billion, amidst a hostile takeover bid by BBVA; the sale proceeds will be distributed to Sabadell shareholders, impacting BBVA's takeover strategy.

Progress

44% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Spanish Supreme Court Rules Mortgage Floor Clauses Null and Void

The Spanish Supreme Court declared mortgage floor clauses null and void due to lack of transparency, impacting millions of households and following years of legal battles and five rulings from the European Court of Justice, with estimates of undue interest payments ranging from €7.6 billion to €15.9...

Progress

40% Bias Score

Reduced Inequality
news.sky.com
🌐 75% Global Worthiness
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Santander explores TSB takeover, signaling UK market repositioning

Santander has contacted Sabadell about a possible takeover of TSB, its UK high-street bank, months after denying plans to sell it, suggesting a strategic shift in its UK market presence.

Progress

36% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 75% Global Worthiness
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CDs vs. High-Yield Savings Accounts: A $20,000 Comparison

Currently, $20,000 CDs offer slightly higher interest rates (4.31%-4.49%) than high-yield savings accounts (4.25%-4.31%), but CDs involve fixed terms and early withdrawal penalties, while savings accounts offer flexibility but variable rates subject to future cuts.

Progress

44% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Wealthsimple Disrupts Canadian Banking with Innovative, Integrated Financial Services

Wealthsimple, a Canadian fintech company, is challenging traditional banks by offering a no-fee chequing account with high interest rates, innovative features like paperless cheques and cash delivery, and integrated investment services, all while rewarding customer loyalty.

Progress

56% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Mixed Outlook for Canadian and US Stocks Amidst Trade Uncertainty

RBC Capital Markets analyst Darko Mihelic forecasts elevated impaired provisions for credit losses (PCLs) for Canadian banks in 2026, expecting a return to normalized levels by 2027, while Bank of Montreal's Brian Belski anticipates a strong rally in Canadian trade-oriented stocks, and Morgan Stanle...

Progress

32% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 215 results