Regulators in Germany will meet next Monday with representatives of more than 20 foreign banks, including Morgan Stanley, Goldman Sachs and Citigroup, to present requirements in relation to the possible relocation of operations from London to Frankfurt after Brexit, Reuters said on Wednesday a number of sources close to the dossier.
Reportedly, BaFin's supervisory authority in the financial Germany, decided to organize this meeting, the first of its kind organized in Germany to respond to requests detailed banks concerned to move its operations...
Showing posts with label banks. Show all posts
Showing posts with label banks. Show all posts
What you should know before making a deposit at the bank?
When we want to save no strict recommendations regarding the time and money we want to put money aside. The choice of each person is influenced by the purpose for which saves yields offered by banks on deposits in the currency gets its income and exchange rate developments.If you wish to purchase products whose price is denominated in other currency than euro, then it is recommended savings in the national currency. The situation changes if we are interested in purchasing some goods priced in euros, such as a car or a house, a deposit is recommended...
How to deposit money in the bank
In case you want to deposit a certain sum of money, you can appeal to a current account, a term deposit or a savings account.Current account, called demand deposit, is one of the most used accounts availability. Interest rates on current accounts are small, usually zero.Savings are the best known and used savings products that allow individuals to obtain attractive interest rates for amounts invested. Most commercial banks' deposits both in lei and the euro and other currencies for maturities from one month to one year and even more.Interest...
Telephone number will replace IBAN
The phone number can replace IBAN from next year. European Central Bank (ECB) announced that 2018 wants to launch a system that will link the bank account number of phone users, so that people can pay just by entering the phone number of the recipient.
For the business world, could be a new impetus towards disintermediation since people can make payments and transfers without resorting to the services of connection, for example Paypal.However, the payments made by telephone are neither we nor revolutionary - even built a similar service PayPal...
The profits of big banks doped by the victory of Donald Trump
The three biggest US banks on Friday announced big profits for 2016, spurred by the boom in financial markets after the surprise victory of Donald Trump on November 8.JPMorgan Chase, the country's largest bank, posted a record profit of $ 27.73 billion, including $ 6.73 billion in the fourth quarter.Bank of America earned $ 16.2 billion, including $ 4.34 billion in the last three months of the year (+ 46.8%).
US economy is booming since the US presidential election
"The US economy is gaining momentum," said Jamie Dimon, CEO of JPMorgan, adding...
Banks do not make the difference between a legitimate transaction and fraud
Banks are finding it increasingly difficult to realize when rigged because not differentiate between a legitimate and fraudulent transaction, it said in a study of Kaspersky Lab. However, according to experts at Bitdefender, in Romania, the most vulnerable point in the bank's ATM and this is because many banks still use them and XP operating systems. It does not receive support from Microsoft for several years.Over a third (38%) of organizations say it is increasingly more difficult to realize if a transaction is fraudulent or genuine. As companies...
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