Since 2014, European Banks Have Paid €23 Billion To The ECB... And Now Face Disaster

The parade of weak bank earnings continued on Tuesday when UBS, one of the first major European banks to report, announced that it had missed analysts' profit estimates (though it did record a rise in full-year profits) due to outf.....»»

High-grade euro zone debt remains scarce even though the European Central Bank has stopped its huge purchases of new bonds, intensifying concerns that banks will face future collateral shortages and highlighting the need for safe assets......»»

Bill Hwang's trial for stock manipulation began in New York. He and his deputy face charges related to the collapse of their investment fund, causing over $100 billion in losses. read more.....»»

The transaction comes about three months after Synopsys agreed to buy Pennsylvania-based engineering software maker Ansys Inc. for about $34 billion in one of the largest tech acquisitions in recent years......»»

The antitrust case against Google reveals the price to be Apple's default search engine has gone up over the years. Google CEO Sundar Pichai (left) and Apple CEO Tim Cook.Getty/Insider CompositeAlphabet paid Apple .....»»

The antitrust lawsuit against Google's parent company Alphabet has revealed that the company paid Apple Inc. a staggering $20 billion in 2022 for Google to be the default search engine in the Safari browser. read more.....»»

Santander paid $1.1 billion for a 20% stake in a joint venture with the FDIC......»»

Banks file suit in United States District Court over three buildings in Cranberry......»»

Student-loan borrowers on the SAVE plan, .....»»

A top European court found there was insufficient evidence that Mik.....»»

Meta has been issued a record 1.2 billion euro fine ($1.3 billion) by a European Union privacy regul.....»»

European stocks marched further into the green on Tuesday, surpassing record highs notched in early May, as Germany’s main stock market index was boosted by a $22 billion deal between two property giants......»»

The New York Fed reported that total credit card balances declined by $49 billion. It was the second-largest quarterly decline in the history of the data, which originated in 1999......»»

The New York Fed reported that total credit card balances declined by $49 billion. It was the second-largest quarterly decline in the history of the data, which originated in 1999......»»

Pfizer Inc. and German partner BioNTech SE said Thursday they have reached a new agreement with the European Commission to supply up to 1.8 billion additional doses of their COVID-19 vaccine. The partners said the agreement is.....»»

More than a year after masks began to blossom on the streets of many cities in response to the Covid-19 crisis, guidance over how best to use them continues to change. In January some European governments required medical-grade coverings in pub.....»»

Colonial P.....»»

Colonial Pipeline paid Eastern European hackers nearly $5 million in an untraceable cryptocurrency last week in response to a ransomware attack, Bloomberg reported Thursday, citing people fam.....»»

A bank based in Berks County with just $18 billion in assets churned out more PPP loans than Chase, Wells Fargo or Bank of America......»»

The workers said they're paid an average of $20/hour and are mad Google isn't footing the bill, despite saving $1 billion annually .....»»