Following Donald Trump’s election victory, financial markets experienced significant gains, with key players like Tesla, cryptocurrency, major banks, and prison operators leading the charge. Tesla’s stock surged over 40%, benefitting from potential regulatory easing. Bitcoin prices soared past $89,000 as…
Iranians can now withdraw cash in Russia using their national bank cards, a move publicized by state media. This development follows the connection of Iran’s Shetab banking system with Russia’s Mir, facilitating transactions despite Iran’s exclusion from the SWIFT international…
Members of the Carditsa Cooperative Bank Board recently met with Larissa Mayor Thanasis Mamakos to discuss the bank’s new branch in Larissa. The conversation highlighted the bank’s 30-year history and its commitment to supporting small and medium-sized enterprises through innovative…
The president of the National Bank of Greece, Gikas Hardouvelis, emphasized the ongoing coexistence of cash and digital payments as society transitions to fewer cash transactions. A recent survey revealed that 60% of Eurozone consumers still prefer cash, with concerns…
The saga of the Appenzell Ausserrhoder Kantonalbank (ARKB) continues to resonate in Swiss politics as efforts to reclaim its historical archive from UBS reach a conclusion after a decade. Initially collapsing in the late 1980s due to mismanagement and risky…
A recent report reveals that 75% of Irish adults are frustrated with high fees for basic banking services like account maintenance and ATM withdrawals. Conducted by Censuswide for fintech company Wise, the State of Irish Banking Report shows a decline…
Compenswiss, responsible for managing Swiss pension funds, has switched its custodial services from UBS to US bank State Street, sparking a significant political debate. Manuel Leuthold, President of Compenswiss, explains that the decision, made after a thorough review, is not…
