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Banking news

can you recover your savings if your establishment goes bankrupt?

Once again, the banking system will face a period of turbulence. Already weakened by low rates, banks risk finding themselves in the coming months facing hundreds or even thousands of companies unable to repay their loans guaranteed by the state. These EMPs, granted by the banks, are in reality only 90% covered, leaving the remaining […]

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Banking news

Recovery: the State releases 20 billion euros for factoring

Published on Jul 12, 2020 at 1:07 p.m. They have been waiting for it since March and the start of confinement, they finally get it. Factoring companies will benefit from the envelope of 300 billion euros dedicated to loans guaranteed by the State (PGE). A specific pocket of 20 billion euros will finance an innovative […]

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Banking news

Ubisoft announces multiple departures after charges of assault and sexual harassment

Specifically, the number two of the company “Serge Hascoët has chosen to resign from his post as Chief creative officer, with immediate effect. This role will be assumed in the interim by Yves Guillemot, CEO of Ubisoft”, underlined the company, which announced on June 26 that it would investigate allegations of violence and harassment against […]

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Banking news

In the North, three banks come together to strengthen the equity of companies

Posted on Jul 12, 2020 at 1:29 p.m. It is an initiative that could be instrumental. While the financial solidity of companies promises to be a decisive issue for the recovery, three regional banks announced Thursday their intention to create a fund for SMEs in their territory aimed at strengthening their equity and supporting them […]

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Banking news

Full grandfather clause, double-decker retreat for all… the executive tracks for pension reform

“Refusing to talk about pensions when the balance of accounts, and therefore the safeguard of the current system is compromised, would be irresponsible.” This is what Jean Castex explained for his first speech before the Senate on July 8. Like the President of the Republic before him, the Prime Minister then displayed his desire to […]

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Banking news

Toulouse. Aurélie Racine, from Food Bank: “Helping is our core business”

the essential For almost a year, Aurélie Racine has been the director of the Food Bank. The opportunity for the Toulousaine to put its talents “at the service of the common good”. “Come in” … Orange chasuble on the back, Aurélie Racine receives you with a frank smile. In her little white office at the […]

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Banking news

the government’s plan becomes clearer

Emmanuel Macron will speak again against the French on July 14. The President of the Republic will lend himself to the game of the live interview in front of Léa Salamé and Gilles Boulleau. He should take the opportunity to discuss the government’s plan for the country’s economic recovery, explains the JDD. The purpose of […]

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Banking news

Status quo for the Reserve Bank of Australia

Published on 07/07/2020 at 11:30 am Pixabay SAVE THIS ARTICLE SAVED (hooly-news.com) – The Reserve Bank of Australia (RBA) left monetary policy unchanged on Tuesday. Thus, its main policy rate remains fixed at 0.25%. It is a historic low. At the same time, the institution says it is ready to increase its bond purchases again […]

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Banking news

how to make pay the “first of rope”?

They are already 6 million to have seen the video: your serious and sincere anger, Vincent Lindon delivers on May 6 for Mediapart his reflections of “simple citizen” vis-a-vis the crisis caused by the coronavirus: “How this country so rich could in get there? “The actor does not leave a lot of suspense to find […]

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Banking news

French companies are recovering faster than expected, observes Banque de France

« The activity levels reached in June and July would be higher than what we predicted in our macroeconomic projections for June 2020 “, Notes the Bank of France, in a new point on the French economic situation published on July 6. Thanks to a survey of 8,500 companies or establishments, it was able to […]