MIKE ROBERTS/(CC BY 2.0) Who knows the cobol? Fewer and fewer computer scientists, apparently… The cobolist is an endangered species: developers mastering this computer code are gradually retiring. However, behind…
Tag: banking
Ex-head of Rosbank appointed to Societe Generale
The former chairman of the board of Rosbank, Ilya Polyakov, took over as deputy director of the global banking division of the Societe Generale group, Interfax reports. Until the spring…
“Kommersant”: the yield on bonds in yuan rose to 6%
Over the past six months, the profitability of bank deposits of large banks in yuan has grown from 1% to 3% per annum, and debt securities – up to 4-6%,…
The European Court of Auditors condemns the banking supervision of the ECB
The Luxembourg-based institution demands increased banking supervision in order to guarantee the security of the European monetary system. The European Central Bank (ECB) must strengthen its supervision of EU banks…
In the United States, the central bank decides on a tenth rate hike against the backdrop of another banking rout
The Federal Reserve Building in Washington on May 2, 2023. WIN MCNAMEE / AFP Federal Reserve Chairman Jerome Powell raised interest rates on Wednesday March 3 for the tenth time…
“The only solution is more effective banking regulation”
Six weeks after the banking crisis that followed the bankruptcy of the Silicon Valley Bank (SVB), the experts’ narrative has crystallized around four interpretations. The first is that of the…
“Resolving banking crises through mergers could cause disasters”
En a few days, the Union of Swiss Banks has just absorbed a Credit Suisse in crisis, with the mive support of the Swiss National Bank (the central bank) and…
Binance banking partner crisis – Spokesperson
Global cryptocurrency exchange Binance is struggling to find a bank for its customers’ cash following the collapse of its US subsidiary, Signature Bank. Sozcu.com.tr Release: 15:43 – 09 April 2023…
Hedge funds, winners of the banking crisis
By Daniele Guinot Published 2 minutes ago , Update 2 minutes ago In March, hedge funds, mainly Anglo-Saxon, enriched themselves by selling short the shares of Silicon Valley Bank (SVB),…
the banking crisis causes a new gold rush
By Jorge Caro Published There are 3 minutes , Update just now The French bought 5.6 tonnes of coins and bars last year. Highest since 2011. Tsuboya / stock.adobe.com INVESTIGATION…
The SVB and Credit Suisse cases, illustration of flaws in banking regulation
“We have all the tools we need. » Andrea Enria, head of banking supervision at the European Central Bank (ECB), wanted to be reuring on Tuesday 28 March about the…
the French banking federation has lodged an appeal with the Council of State
This appeal follows searches in five major banks in France suspected of having participated in a tax scheme. The French banking federation (FBF) announced on Thursday that it had filed…
The banking crisis invites itself to the European summit
By Anne Rovan Posted yesterday at 8:10 p.m. , Update yesterday at 8:10 p.m. European Commission President Ursula von der Leyen and ECB President Christine Lagarde in Brussels on Friday.…