Tag #Banking

Showing 25 to 36 of 216 results

elmundo.es
🌐 75% Global Worthiness
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Spanish Remunerated Accounts Offer Up to 3% APR in Low-Interest Rate Environment

Spanish banks offer remunerated accounts with interest rates up to 3% APR, providing a secure, liquid alternative to other investments; accounts like Bankinter's offer up to 3% for the first year with conditions.

Progress

56% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Spanish Government to Decide on BBVA-Sabadell Merger by June 27th

The Spanish government will decide by June 27th whether to approve BBVA's takeover bid for Banco Sabadell, considering factors beyond competition, including potential job losses and regional economic impact; the CNMC approved the deal with conditions on April 31st.

Progress

36% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Spanish Government to Decide on BBVA's Banco Sabadell Takeover

The Spanish Ministry of Economy will decide by Tuesday whether to escalate BBVA's takeover bid of Banco Sabadell to the Council of Ministers, potentially modifying the CNMC's imposed conditions based on a public consultation's results and concerns about financial sector concentration, job losses, an...

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Global Yield Curve Re-Steepening Fuels Bullish Market Trend

The largely unnoticed re-steepening of the global yield curve, driven by increased bank profitability from reduced deposit costs and rising long-term rates, signals a significant bullish force, particularly in European and Canadian markets, boosting value stocks and outperforming the U.S.

Progress

44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Dominant Canadian Banks Control 80% of Mortgage Market

The Canadian residential mortgage market, valued at $2.42 trillion, is dominated by six major banks and Desjardins, holding 80 percent of the market, while smaller lenders face challenges in gaining market share due to limited brand recognition and distribution.

Progress

36% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Westpac to Cut 1,500 Jobs Amidst Digital Transformation

Westpac plans to cut 1,500 jobs, its largest redundancy round in a decade, as part of a digital transformation and cost-cutting strategy, following similar actions by CBA's Bankwest and a broader trend of branch and ATM closures across Australia.

Progress

40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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RBC Q2 Profit Beats Last Year But Misses Estimates Amid Trade War Concerns

Royal Bank of Canada reported a second-quarter profit of $4.39 billion, exceeding last year's results but missing analyst estimates due to increased loan loss provisions of $1.42 billion amid global trade uncertainties; the bank also raised its dividend and announced a share buyback plan and a retur...

Progress

40% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Reggeborgh Sells Alpha Bank Stake to UniCredit, Boosting Italian Bank's Holding to 20%

Reggeborgh Invest sold its 9.75% stake in Alpha Bank to three investment banks, with UniCredit acquiring a significant portion, increasing its total stake to approximately 20% and aiming to reach up to 29.9% by the end of 2025, resulting in an estimated €180 million annual profit increase.

Progress

36% Bias Score

Decent Work and Economic Growth
dutchnews.nl
🌐 75% Global Worthiness
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Dutch Sex Workers Face Ongoing Barriers to Financial Services

Despite commitments from banks and insurers, sex workers in the Netherlands continue to struggle accessing financial services; Nationale Nederlanden (NN) reports very few insurance contracts, while banks maintain barriers to account access, leaving sex workers vulnerable to exploitation.

Progress

52% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Pepe Mujica: A Complex Legacy of Social Democracy and Criticism

Former Uruguayan president Pepe Mujica passed away last week; his life, marked by imprisonment and guerrilla activity, shaped his unique political views, leaving a complex legacy of social democracy, criticism of greed, and a controversial stance on banks.

Progress

48% Bias Score

No Poverty
news.sky.com
🌐 75% Global Worthiness
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High-Street Savings Rates Fall Behind as Competition Intensifies

High-street banks, including HSBC and Barclays, have cut savings account rates following the Bank of England's base rate reduction to 4.25% on May 8th, while better rates are available elsewhere for those who shop around.

Progress

48% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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€2 Billion in Greek Mortgages Return to Banks

Approximately €2 billion in previously sold Greek mortgage loans are returning to banks like National Bank and Eurobank after three years of consistent repayment by borrowers, facilitated by doValue, offering upfront debt reduction and new financing.

Progress

40% Bias Score

No Poverty

Showing 25 to 36 of 216 results