Italy plans to raise €4b through tax reforms for banks
Italy will raise approximately 0.2 per cent of its gross domestic product (GDP), or around €4 billion ($4.35…
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Italy turns to banks for €3.5b, no tax hikes
Italy's Prime Minister Giorgia Meloni's cabinet has unveiled a plan to tap the country's banks and insurers for…
Egypt’s banks off next Sunday
The Egyptian banks will be off on Sunday, October 06, 2024, on the occasion of the Armed Forces Day.
Australia’s c. bank warns of debt risks on falling interest rates
The Reserve Bank of Australia (RBA) warned borrowers to avoid excessive debt as interest rates fall to prevent a…
Italy mulls symbolic contribution from banks
Italy is contemplating a symbolic contribution from banks based on their earnings over the past two years,…
S. Korea’s household loans surge by ₩9.8t in August
South Korea's household loans across all financial sectors surged by KRW9.8 trillion in August 2024, sharply…
Eurozone banks must consider geopolitical risks – ECB’s Buch
Eurozone banks should account for geopolitical risks in their capital planning and business decisions, according to…
Bank of England allocates record £34.3b in short-term repo funds
The Bank of England (BoE) allocated a record £34.292 billion ($44.1 billion) in seven-day funds during its weekly…
UK banks can be wound down without public funds – BoE
The Bank of England (BoE) announced on Tuesday that Britain's top eight banks, including HSBC, Barclays, Lloyds,…
Egypt’s banks off on Thursday for Islamic New Year
The Egyptian banks will be off on Thursday, July 11, 2024, in observance of the Islamic New Year.
