Frankfurt When the top managers of billionaire private equity funds gather in Berlin this week for the Super-Return Conference, some will wonder whether the world’s most important meeting place for the industry is still rightly named. A whole range of stress factors is putting pressure on the business model of financial investors. The long phase … Read more
Jim Cramer is the host of the CNBC series Mad Money, and has previously worked in large companies such as the investment bank Goldman Sachs. On Thursday, Cramer recommended investors seize the opportunity in the stock market that he believes now presents itself, and believes it is wise to buy shares now. This comes against … Read more
(Panama City-ANPanama) The quality of the assets of the four largest Panamanian banks will improve, helped by the economic recovery underway, the high level of guarantees that protect the portfolios of the banks and their adequate reserves, Moody’s assured in its most recent report. on the banking of Panama. According to the firm, the positive … Read more
Wednesday announced another US retail chain, Dick’s Sporting Goods, that 2022 will be worse than previously thought. The reason is “challenging macroeconomic conditions”. Paradoxically, the XXL-like company’s top and bottom line in the first quarter were better than expected. At four o’clock, the share price was down by well over 6 per cent. A couple … Read more
– Election posters in France In 2017, Macron and Le Pen competed against each other in the runoff. – (Photo: dpa) – – – – Paris The uncertainty about the outcome of the French presidential election is reflected in the financial markets. The gap in the polls between incumbent Emmanuel Macron and right-wing populist Marine … Read more
Broadway League am Times Square In New York, too, there is a feeling of having survived the worst. – (Photo: Reuters) – – – – New York, Paris, London A young reporter falls around the neck of everyone she sees. “It’s so nice to see you all again,” she says. Hundreds of festively dressed people … Read more
– CFO Daniel Drummer, CEO Raffael Johnen and COO Arie Wilder (from left) CEO Johnen had already admitted last year that the growth targets for 2020 could not be achieved. – (Photo: Auxmoney) – – – – Berlin The Auxmoney credit platform is gearing up for further growth. Auxmoney receives from Citigroup and Chenavari Investment … Read more
– ECB headquarters in front of Frankfurt’s bank skyline The ECB’s banking supervisors are urging Europe’s credit institutions to be more cautious when assessing their default risk. – (Photo: dpa) – – – – Frankfurt The banking supervisors of the European Central Bank (ECB) are increasingly dissatisfied with the handling of major European banks with … Read more
– CFO Daniel Drummer, CEO Raffel Johnen and COO Arie Wilder (from left) In 2019, Auxmoney said it had paid out loans of around 700 million euros. – (Photo: Auxmoney) – – – – Berlin With institutional help, the credit marketplace Auxmoney wants to ensure that the demand for credit can also be met in … Read more
The big French bank BNP Paribas got through the Corona summer surprisingly well thanks to strong trading business and less concern about loans at risk. In the third quarter, the institute earned around 1.9 billion euros, 2.3 percent less than a year earlier, as it announced in Paris on Tuesday. Analysts had expected on average … Read more