Two of Brazil’s nine Central Bank seats are expected to remain vacant after the January meeting, sources told Reuters, signaling potential delays in key appointments as political negotiations continue to evolve
Browsing: banking sector
In Spain and Italy, banking stocks led a thrilling market comeback, reigniting investor confidence after months of decline. This sector’s remarkable rebound signals a surge of optimism as economic concerns start to fade
National Bank has just revealed its outstanding 2025 Q4 and annual results, highlighting strong financial momentum. Even more exciting, the bank is increasing its quarterly dividend by 6 cents, bringing the payout to an attractive $1.24 per share!
A dynamic team of JPMorgan Chase bankers, famously known as the “JPMorgan Boys,” stepped into the spotlight to mastermind the U.S. bailout for Argentina, leveraging their formidable influence to stabilize the nation’s struggling economy during a critical financial crisis
BREAKING: JPMorgan faces a staggering €45 million fine in Germany for violating anti-money laundering (AML) regulations, marking a powerful crackdown on the country’s financial sector
Exclusive: U.S. banks are scrambling to secure collateral for a staggering $20 billion bailout package for Argentina, The Wall Street Journal reveals. This high-stakes move aims to guarantee vital funding as the country battles a worsening economic crisis
Interest rates on revolving credit cards in Brazil have soared to a staggering 451.5% per year, highlighting the country’s escalating credit cost crisis, Eurasia Review reports. This sharp increase underscores the growing financial strain burdening consumers across the nation
In the past year, Italy has seen a remarkable surge with 18 major banking deals, highlighting a dynamic wave of consolidation and ambitious strategic growth in the sector, according to Reuters. These transactions are driving an exciting transformation that is reshaping the Italian financial landscape
Spain’s Sabadell has urged its shareholders to reject BBVA’s exchange offer, warning that it drastically undervalues the bank. This move presents a significant hurdle for BBVA as it strives to solidify its position in the Spanish banking sector
Argentina’s central bank has taken bold steps by raising reserve requirements for banks, responding swiftly to recent corruption allegations. This move aims to strengthen financial stability and restore confidence in the banking sector, Reuters reports
Italy is considering a bold new tax on banks to strengthen its budget, Bloomberg reports. This strategic move aims to boost government revenues amid economic challenges and rising fiscal pressures
Canadian banks have posted impressive earnings, deftly sidestepping the toughest blows from tariff challenges, Reuters reports. Strong consumer spending and well-diversified portfolios were crucial in cushioning the impact
Argentina’s Economy Minister Milei has boldly challenged the major banks, accusing them of stoking financial instability amid a deepening liquidity crisis. As the country grapples with mounting economic turmoil, his fierce criticism underscores the rising clash between the government and powerful financial institutions
Italy’s Mediobanca has just received the green light from the European Central Bank to acquire Banca Generali, a bold move poised to turbocharge its wealth management division, Reuters reports. This deal marks a significant milestone in the dynamic consolidation of Italy’s banking sector
Australia’s Commonwealth Bank (CBA) has smashed records with a stellar annual profit, driven by soaring home loan growth and sharp cost control. However, despite this remarkable success, investors have been selling off pricey shares, revealing a cautious sentiment in the market
Italy’s Banco BPM is actively seeking thrilling merger and acquisition opportunities, CEO Roberto Gabbiani revealed. The bank is set on expanding its market footprint and confidently steering through the dynamic financial landscape
Banks in Argentina are grappling with a severe liquidity crunch as soaring peso yields, fueled by rising inflation and economic uncertainty, intensify pressure on the financial sector, Bloomberg reports
Spain’s BBVA has announced it expects the acceptance period for its Sabadell bid to begin in September, signaling a pivotal step forward in the potential banking merger, Reuters reports
Wells Fargo’s exit ban from China has ignited new concerns about the challenges foreign companies encounter in the country. This move highlights growing regulatory uncertainties amid escalating US-China tensions, Reuters reports
War-weary Russian banks are now urgently seeking state bailouts as a growing mountain of bad loans accumulates under relentless economic pressure. This troubling development shines a spotlight on the deepening financial crisis within Russia’s banking sector, raising serious alarms about its overall stability