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Bankers Are Sitting on a Vast Mountain of Risky Trades

Everybody’s worried about bad loans, but what about the hundreds of billions of dollars of Level 2 and Level 3 assets held by the biggest banks?.....»»

Category: topSource: washpostApr 3rd, 2020

Exclusive: Air France-KLM in talks on multibillion euro state-backed loan package

Air France-KLM is in talks with banks to receive billions of euros in loans guaranteed by the French and Dutch governments, as the airline group braces for a sustained coronavirus shutdown, sources told Reuters......»»

Category: topSource: reutersApr 3rd, 2020

Banks will collect "billions" from SBA relief package, Financial Times says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 2nd, 2020

US banks will reap billions in fees from the government for coronavirus SMB loans

This story was delivered to Business Insider Intelligence Banking Briefing subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they're published on Business.....»»

Category: topSource: businessinsiderApr 2nd, 2020

Banks To Make Billions On Small Business Bailout

Banks To Make Billions On Small Business Bailout As part of the $2.....»»

Category: blogSource: zerohedgeApr 1st, 2020

Banks saddled with billions in debt as MGM offering fails, Bloomberg says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 23rd, 2020

National Guard Chief: Don"t Federalize Us To Fight Outbreak - Will Waste "Billions"

National Guard Chief: Don't Federalize Us To Fight Outbreak - Will Waste "Billions" Following Italy's declaration of martial law, and with some US states like California coming very close to it amid rumors the .....»»

Category: blogSource: zerohedgeMar 21st, 2020

Italy just took full ownership of its national airline Alitalia to save it from collapse amid the coronavirus crisis. Here"s the carrier"s full troubled history.

Reuters Alitalia was re-nationalized by the Italian government in March after privatization efforts backed by Etihad Airways largely failed.  The flag carrier has served Italy since the end of Wo.....»»

Category: topSource: businessinsiderMar 21st, 2020

"Central banks are on their A-game": Stocks, oil, and bitcoin rally as stimulus efforts temper coronavirus fears

Reuters / Brendan McDermid Markets were a sea of green on Friday as investors backed authorities to mitigate the economic fallout from coronavirus. The Federal Reserve set up temporary access to billions of dollars to nine central banks hit b.....»»

Category: topSource: businessinsiderMar 20th, 2020

Covid-19 Deaths In Italy On Track To Pass China As More Countries Close Borders; Confirmed US Cases Climb 50%: Live Updates

Covid-19 Deaths In Italy On Track To Pass China As More Countries Close Borders; Confirmed US Cases Climb 50%: Live Updates Following a barrage of easing measures by global central banks .....»»

Category: blogSource: zerohedgeMar 19th, 2020

Banks at risk of losing billions of dollars in fee-based revenues: study

Major banks are at risk of losing billions of dollars of fee-based retail revenue as they face increased regulatory pressure and growing competition from new entrants offering no-fee services, Accenture Plc said on Wednesday......»»

Category: topSource: reutersMar 11th, 2020

Banks at risk of losing billions of dollars in fee-based revenues - study

Major banks are at risk of losing billions of dollars of fee-based retail revenue as they face increased regulatory pressure and growing competition from new entrants offering no-fee services, Accenture Plc said on Wednesday......»»

Category: topSource: reutersMar 11th, 2020

Breakingviews TV: Vironomics

Italy has pledged 4.5 bln euros to fight a coronavirus outbreak at home, offering tax breaks to keep companies alive. Central banks alone are unable to kill the virus. Lisa Jucca explains the merit of practical economic measures......»»

Category: videoSource: reutersMar 2nd, 2020

Goldman, Citi among banks curbing Italy trips over coronavirus fears

Goldman Sachs , Citigroup Inc , Credit Suisse and other investment banks have curbed trips to Italy amid fears that the coronavirus outbreak across the north of the country could quickly spread across Europe, sources said......»»

Category: topSource: reutersFeb 25th, 2020

Goldman, Citi among banks curbing Italy trips over coronavirus fears - sources

Goldman Sachs, Citigroup Inc, Credit Suisse and other investment banks have curbed trips to Italy amid fears that the coronavirus outbreak across the north of the country could quickly spread across Europe, sources said......»»

Category: topSource: reutersFeb 25th, 2020

Citi, Credit Suisse among banks curbing Italy trips on coronavirus fears - sources

Investment banks including Citigroup Inc , Credit Suisse and Nomura have curbed trips to Italy on fears that the coronavirus outbreak across the north of the country could quickly spread across Europe, four sources told Reuters......»»

Category: topSource: reutersFeb 25th, 2020

Citi, Credit Suisse among banks curbing Italy trips on coronavirus fears: sources

Investment banks including Citigroup Inc , Credit Suisse and Nomura Holdings Inc have curbed trips to Italy on fears that the coronavirus outbreak across the north of the country could quickly spread across Europe, four sources told Reuters......»»

Category: topSource: reutersFeb 24th, 2020

Investors are pouring billions into US mobile home communities — but residents are feeling trapped by rising rents

  Private equity firms have invested billions of dollars in US mobile home communities in recent years. In these communities, residents own their homes but rent the land beneath it, leaving them little power to fight rent increases and poor main.....»»

Category: topSource: businessinsiderFeb 15th, 2020

Chinese Firms Ask For Billions In Loans Amid Virus Outbreak 

Chinese Firms Ask For Billions In Loans Amid Virus Outbreak  In response to the economic paralysis brought about by the coronavirus, Chinese banks are offering billions of dollar.....»»

Category: blogSource: zerohedgeFeb 10th, 2020

Bank offered to help scammed customer – if he kept quiet

Billions of robocalls are resulting in thousands of fraudulent wire transfers. Some banks make victims sign confidentiality agreements, which may limit public awareness of how widespread the scams have become......»»

Category: topSource: moneycentralJan 31st, 2020