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A service for banking industry professionals · Wednesday, September 28, 2022 · 593,273,028 Articles · 3+ Million Readers
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European Union Banking Industry Newswire

  • Published on 04:31 GMT

    Greece Sixth for Most Cryptocurrency ATMs in European Union

    Even if cryptocurrency prices faced a sharp decrease of 60 percent last year, Greece takes the sixth spot in terms of cryptocurrency ATMs. Credit: Onov3065, CC BY-SA 4.0 Even with little awareness of cryptocurrency and blockchain technology, Greece ranks …

    Source: GreekReporter - Neutral
  • Published on 18:48 GMT

    How banks can help South Africa avoid grey list

    There has been a lot of noise in recent months about South Africa facing the possibility of being “grey listed” due to a poor score in the Financial Action Task Force’s (FATF) effective outcomes to combat money laundering and the financing of terrorism.  …

    Source: African Business - Neutral
  • Published on 05:59 GMT

    Someone in The Market Has Got UK Banks Totally Wrong

    Comment on this story Comment No one is quite sure whether Chancellor of the Exchequer Kwasi Kwarteng, is friend or foe for UK banks. What is obvious right now: Somebody is wrong. Investors haven’t much fancied shares of the biggest UK lenders all year and …

    Source: The Washington Post - Neutral
  • Published on Sep 27, 2022

    Resetting the European Union

    Paraphrasing Lenin, there are decades in which nothing changes, and weeks in which everything changes. The week of February 24, when Russia invaded Ukraine, changed Europe, accelerating global structural transformations that had been simmering for years. …

    Source: El País - Neutral
  • Published on Sep 27, 2022

    Central bank fails to reassure markets after pound plunge

    LONDON (AP): The Bank of England sought to reassure financial markets after the British pound touched an all-time low against the United States dollar on Monday, but its entreaty fell flat for investors concerned about a sweeping package of tax cuts that …

    Source: The Gleaner - Neutral
  • Published on 04:58 GMT

    Turkish state banks set to exit Russia's payment system on US warning

    ANKARA - Turkish state banks are planning to exit a payment system used by Russians, a dramatic example of how US secondary sanctions are forcing countries to distance themselves from Moscow. The three lenders, the only ones in Turkey still processing …

    Source: The Straits Times - Pro-Government
  • Published on 19:34 GMT

    Nord Stream pipeline leaks remind Europe it can’t rely on natural gas from Russia

    Europe can’t rely on Russia for natural gas — that’s an issue that had already fueled a rally in European benchmark prices for the energy source, but damage to the underwater Nord Stream pipelines from apparent, unexplained explosions is certainly a …

    Source: MarketWatch - Neutral
  • Published on Sep 27, 2022

    Robo investment platform adopts open banking-based payments

    Denmark-based fintech Nord Investments has adopted open banking technology from Aiia to make it easier for people using its platform to make investments. The robotic software investment platform, which currently only operates in Denmark, said it wanted to …

    Source: Tech Target - Neutral
  • Published on Sep 27, 2022

    Crypto regulation laggards spur arbitrage risk - French central banker

    FILE PHOTO: Francois Villeroy de Galhau, Governor of Banque de France, attends the Paris Europlace International Financial Forum in Paris, France, July 12, 2022. REUTERS/Benoit Tessier PARIS (Reuters) - Countries that are slow to build up regulations …

    Source: The Star (Malaysia) - Right-wing
  • Published on 14:27 GMT

    Letter from Vienna: Austrians on crusade for their cash

    LETTER FROM VIENNA Ewald Nowotny, Robert Holzmann and Klaus Liebscher at their press conference at the Austrian National Bank on September 19 FLICKR Josef Binder, who is 53 years old, is the type of person who for whom cash is king. The owner of a …

    Source: Le Monde - Center-left
  • Published on 20:46 GMT

    Nord Stream’s European Partners Quiet On Pipeline Damage

    The Russia to Germany pipeline is probably irreparable. If not, it is unlikely Gazprom will trust ... [+] its European investment partners to move forward as the new Cold War gets hotter. (Photo by Sean Gallup/Getty Images) Getty Images Tuesday’s …

    Source: Forbes - Neutral
  • Published on 14:34 GMT

    EU plans Russia trade sanctions over 'sham' Ukraine votes

    Comment on this story Comment BRUSSELS — European Union countries should impose “biting sanctions” on Russian trade and hit officials responsible for “sham referendums” held in parts of Ukraine as Moscow ramps up the war, senior EU officials said Wednesday …

    Source: The Washington Post - Neutral
  • Published on 17:58 GMT

    War in Ukraine: EU Commission repeatedly missteps in Russia sanctions

    European Commission President Ursula von der Leyen at the seventh Replenishment Conference of the Global Fund in New York on September 21, 2022. LUDOVIC MARIN / AFP Since the beginning of the war in Ukraine, Vladimir Putin has accused the Europeans of …

    Source: Le Monde - Center-left
  • Published on Sep 25, 2022

    The European Union is stifling stablecoin adoption

    The digital asset landscape in the European Union is evolving ahead of the passage of the Markets in Crypto-Assets (MiCA) regulation framework that aims to instill regulatory clarity around crypto assets. While well-intentioned, the current structure of …

    Source: Coin Telegraph - Neutral
  • Published on Sep 23, 2022

    Denmark to offer energy price support despite central bank warning

    Denmark's Finance Minister Nicolai Wammen attends a European Union economic and finance ministers meeting in Brussels, Belgium March 15, 2022. REUTERS/Johanna Geron/File Photo Register now for FREE unlimited access to Reuters.com Register …

    Source: Reuters - Neutral
  • Published on 04:51 GMT

    Eco Wave Power Presents Continued Operational Progress and Reports First Half 2022 Financial Results

    The Company is Gearing Towards the Official Opening of its Project in Israel, while Also Creating a Strong U.S Presence through its Upcoming Pilot at the Port of Los Angeles, and its Progress in Promoting the First Onshore Wave Energy Implementation in the …

    Distribution channels: Banking, Finance & Investment Industry
  • Published on 08:55 GMT

    Panicking Putin joins forces with Taliban and strikes deal to export gas, oil and wheat

    Russia and the Taliban regime in Afghanisation have signed a new deal to send supplies of gasoline, diesel, gas and wheat, Acting Afghan Commerce and Industry Minister Haji Nooruddin Azizi has announced. Over the past year, Vladimir Putin has been battered …

    Source: Daily Express - Right-wing
  • Published on Sep 25, 2022

    European Union: a cold winter

    By Maria Demertzis According to current estimates, the European Union spends about 9 per cent of its gross domestic product on energy consumption. As a proportion of its income, this is the highest in over 40 years (Figure 1). By comparison, the United …

    Source: Cyprus Mail - Neutral
  • Published on 21:15 GMT

    3 Undervalued Bank Stocks to Buy Now

    Wall Street has not been kind to most financial stocks so far in 2022. Despite the potential for bank earnings to increase due to rising interest rates, worries over a global recession have weighed on many bank shares. Today we will examine three …

    Source: InvestorPlace - Neutral

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