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Banking news

Dupond-Moretti, Bachelot… Are government stars “bankable” in bookstores?

Emmanuel Macron wanted strong personalities to embody the end of the quinquennium. With the charismatic Eric Dupond-Moretti place Vendôme, and the sparkling Roselyne Bachelot rue de Valois, the president is served. The two surprises of the new government cuvée have in common a good rating of love with the French, and their assiduous presence on […]

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Banking news

“No tax increase, no decrease”

The cross : How is the French economy doing today? François Villeroy de Galhau: After a very brutal plunge in activity of 32% at the end of March, the start of the recovery is rapid. We interviewed thousands of companies of all sizes: the recovery is now better than our forecasts. At the end of […]

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Banking news

Will hydrogen kill the electric car?

Brussels hopes to see hydrogen represent 12% to 14% of the energy mix by 2050. To reach this objective, it is necessary to increase the production capacity of this energy carrier gas, still in its infancy today: the European Commission aims for 6 GW in 2024 and 40 GW in 2030. This increase in speed […]

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Banking news

Investment banking: HSBC wants to cut one in three jobs in France

Posted on Jul 6, 2020 at 6:19 p.m. HSBC reduces the wing in Paris. The French subsidiary announced on Monday to its employee representative bodies a savings plan providing for 235 departures on a perimeter of 678 positions in corporate banking, investment and markets. This measure comes as the group seeks to sell your personal […]

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Banking news

Poverty risks exploding in Brazil and Mexico, warns UN

The coronavirus pandemic is a health drama, but also an economic one for many households in Latin America, an already very unequal continent. The UN believes that the epidemic could push 45 million people into poverty, currently in intermediate social classes. “In a context of already glaring inequalities, high rates of informal work and fragmentation […]

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Banking news

Why the Bank of England coffers are in danger of emptying

L’or Stefan Wermuth/Bloomberg via hooly-news.com Images SAVE THIS ARTICLE SAVED The legal battle over Venezuelan gold stored in the coffers of the Bank of England has just turned to the disadvantage of Nicolas Maduro. The UK court ruling sets a precedent that risks scalding countries holding gold in the coffers of the British monetary authority. […]

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Banking news

Spread of coronavirus in the United States threatens economic rebound

The spread of the coronavirus pandemic in the United States poses serious uncertainties on the economic front. It has already forced several states to close bars and restaurants, and the impact on employment is uncertain. Florida, Texas, California, Arizona, Louisiana, Tennessee, etc. For the past month or so, the number of Covid-19 cases and hospitalizations […]

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Banking news

“We must restore the confidence of households and businesses”

Francois Villeroy de Galhau, Governor of the Banque de France, in Fukuoka, Japan, in June 2019. KIYOSHI OTA / hooly News In 2019, when the economy was looking good, it celebrated 20 years of the euro. In 2018, he called on Emmanuel Macron to curb public spending. This year, when the Covid-19 pandemic has upset […]

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Banking news

Supreme Court inflicts major setback on Donald Trump on tax returns

The Supreme Court of the United States inflicted a scathing setback on Thursday, ruling that a New York prosecutor was entitled to claim the accounting records of the President, including his tax returns, but blocked, for the their transfer to Congress. These two decisions, taken each time by a majority of seven judges out of […]

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Banking news

big step forward for sick borrowers in Ile-de-France

Among the diseases concerned are, for example, HIV infection, severe forms of breast and prostate cancer, leukemia, chronic viral hepatitis or cystic fibrosis. “The beneficiaries of the device must be first-time buyers for a main residence in Ile-de-France and also benefit from the + clipping + device provided for by the Aeras agreement,” it was […]