Bank Profits At Risk From Possible CBDC Transformation OF Global Economy – Moody’s
Central bank digital currencies (CBDCs) are here to stay, it appears, and Moody’s is now looking ...
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Tag: profits
ECB Confronts A Grim Reality: Firms Are Heavily Cashing In On Inflation
Summary Stronger margins, not wages fueling inflation, data shows ECB policymakers discuss issue at Arctic retreat ...
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Fintech Firm Revolut Nears UK Banking License After First Annual Profit
Company criticized for late filing of accounts, earned profit of £26.3m in the year to December ...
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HSBC Hints Rate Rise Profit Windfall Peaked Despite Payouts Hike
Summary Q4 pretax profit $5.2 bln, exceeds analyst estimates Return on equity target not raised, Hong ...
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NatWest Outlook Weighed Down Shares Despite Profit Jump
Summary Bank guides interest margins may soon rise Shares slip around 9% on concerns about 2023 ...
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Nestle Plans Price Hikes After Costs Erode Profits
Summary Price hikes necessary to offset raw material inflation Company projects organic growth of 6-8% in ...
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Barclays Staff To Get £1.2B In Bonuses Despite Drop In Profits
The 15% drop in profits follows costs of US trading blunder and money being set aside ...
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Glencore Shareholders To Be Paid Nearly £6bn After Massive Profits
Mining and commodities company’s pre-tax profit jumped 60% to £28.2bn in 2022, up £10.6bn on 2021 ...
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AstraZeneca Seeks Growth With New Drugs As COVID Sales Dwindle
Summary Sees profit increase in 2023 Investors focus on margins in 2023 as operating expenses grow ...
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Credit Suisse Cautioned Of More Losses, Attracting Regulatory Attention
Summary Finma says the regulator is monitoring Credit Suisse Bank says outflows surpassed $120 billion Credit ...
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After nearly 11 years of 24/7/365 operation, Global Economic Intersection co-founders Steven Hansen and John Lounsbury are retiring. The new owner, a global media company in London, is in the process of completing the set-up of Global Economic Intersection files in their system and publishing platform. The official website ownership transfer took place on 24 August.
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