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Keyword: Europe

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Financial technology(fintech) and world economy

Proposals would require decarbonization targets to be disclosed, among other revisions

Financial Towers, Deutsche Bank at Dusk,

Political leaders said sector’s generally in “good shape” after Deutsche Bank stock fell 14%

Entrance of historic bank building of Swiss bank Credit Suisse. Photo taken April 19th, 2021, Zurich, Switzerland.

Swiss National Bank hiked its key interest rate on Thursday

Entrance of historic bank building of Swiss bank Credit Suisse. Photo taken April 19th, 2021, Zurich, Switzerland.

Some customers were caught off guard by the turmoil, at odds with Switzerland's reputation as as stable banking haven

EU flags waving in front of European Parliament building. Brussels, Belgium

The European Central Bank said it's monitoring current market tensions closely

Flag of the European Community in front of the Eurotower in Frankfurt am Main

The ECB is expected to hike rates by a half-point on Thursday

Financial Towers, Deutsche Bank at Dusk,

3.5% growth could mask private consumption contraction

The Hohensalzburg Fortress in Salzburg Austria with Alps rising in the distance. Built over several hundred years (from the 11th to 16th centures), it is one of the largest medieval castles in Europe with a length of 250 m (820 ft) and a width of 150 m (490 ft) and was added to the UNESCO list of world heritage sites 1996. Today it is one of the most recognized landmarks in central Europe

Growing macroeconomic headwinds weighing on credit outlooks, Fitch says

EU flags waving in front of European Parliament building. Brussels, Belgium

The Bank of England and Swiss National Bank also dialed back their increases

Piggy bank lifted up into sky by inflated balloon

CPI in the 19 countries hit 10% in November, down from 10.6% in October for the first decrease since June 2021