Greece sells third bank stake in less than two months as part of a drive to get rid of all bank holdings by the end of 2025
via @PaulTugwell1 @Luleni
bloomberg.com/news/articles/…
Steve retweeted
The complex setup of the Signa real estate empire may complicate efforts to hammer out a rescue plan
bloomberg.com/news/articles/… via @business @MHalftermeyer @StevenArons @LibbyCherry98 #switzerland
The vast majority of people with African descent in Germany say they have been victims of racial discrimination, according to EU report
It's the highest level among the included countries and it has jumped almost half since the last survey
fra.europa.eu/sites/default/…
Deutsche Bank said in April it will eliminate 800 jobs to rein in costs - but headcount continued to grow anyway. The CEO has now unveiled a new round of cuts and says it will be even bigger
bloomberg.com/news/articles/…
UBS extends $9 billion credit line to HBJ -- one of the Middle East’s most influential investors -- as it seeks to retain the region’s ultra wealthy after the CS takeover
amazing story from @MHalftermeyer @DNair5
bloomberg.com/news/articles/…
Steve retweeted
Millions of Argentines are so desperate for change, they’re voting for Milei even if they don’t fully understand dollarization.
Our Big Take before Argentina’s presidential election on Sunday
@squires_esq @manuelatobiasm @BrendanW512 @BBGVisualData
google.com/url?q=https://www… – at Ciudad Autónoma de Buenos Aires, Argentina
The ECB's bank supervision arm has said low bank valuations can be concern
Some ECB officials are now calling for a move -- hiking reserve requirements -- that would hit bank profits. It would be just the latest ECB action to do so
via Nick Comfort
bloomberg.com/news/articles/…
UBS in March agreed to buy Credit Suisse and former CEO Ermotti was brought back to oversee the complex integration.
It was a "surreal" experience, he tells @MHalftermeyer @myriamBalez and @aspeciale in an exclusive interview to detail his plans
bloomberg.com/news/features/…
Benko's Signa has pulled a vital funding pledge from subsidiary SSU, plunging it in uncertainty
It's apparently part of a broader move by Benko to retreat from the portfolio of retail firms he built to diversify during the asset boom
with @LibbyCherry98
bloomberg.com/news/articles/…
When Claudio de Sanctis took over Deutsche Bank's vast German retail ops in July, he was already working on a plan that involves big job cuts
Then, a botched project plunged the unit into crisis - and him in an unfamiliar position
Read my profile here 👇
bloomberg.com/news/articles/…
Steve retweeted
Heute Nacht (18.10.) wurde ein versuchter Brandanschlag auf unsere Gemeinde Kahal Adass Jisroel verübt. Unbekannte warfen dabei 2 Molotow-Cocktails von der Straße aus in Richtung unseres Gemeindezentrums in der Brunnenstraße in Berlin-Mitte. – at Berlin, Germany
When SocGen CEO Krupa presented his new strategy last month, he frustrated investors by refusing to identify the businesses he wants to sell
Thankfully, @a_rajbhandari is here to help 😃
bloomberg.com/news/articles/…
Steve retweeted
We feel the loss of our soldiers in our hearts and honor their bravery.
We will always remember their sacrifice and continue to support the grieving families during this time.
May their memories be a blessing. – at Israel
Europe's bankers have been pretty clear they don't like the notion, floated by some members of the ECB Governing Council, that they should keep more cash at the central bank
But I think Commerzbank CFO Orlopp is the first one to say the idea is "crazy"
bloomberg.com/news/articles/…
Steve retweeted
Yahel 💔
We are waiting for you at home.
Please pray for this beautiful child who was ripped from her home and kidnapped by Hamas.
Steve retweeted
Mein Kommentar in den @tagesthemen zu Islamisten, die in Deutschland die Terrorangriffe der #Hamas auf Israel feiern. teapaw.org/bodoloettgen/status/17…
Deutsche Bank’s Spanish FX swap sales are being examined by local regulator, adding to scrutiny of the lender over the matter.
this is about sales that weren't within DB's Project Teal
another exclusive on the bank's long-standing issues
with @rorihuela
bloomberg.com/news/articles/…
The Netherlands says bailing out ABN Amro 15 years ago has cost it ~$7 billion
That's roughly $400 per citizen
via @April__Roach & edits by @sarahannjacob
bloomberg.com/news/articles/…












