Mps towards 2.5 billion increase, tightens on the consortium – Ultima Ora

(ANSA) – MILAN, JUN 07 – The capital increase that Mps will announce to the market on June 23, on the occasion of the presentation of the industrial plan that the new CEO, Luigi Lovaglio, should reach around 2.5 billion euros is finishing up. According to ANSA, the underwriting consortium that will have to ensure … Read more

Credit Suisse CEO Says Workers Will Never Return to the Office

Credit Suisse CEO Thomas Gottstein said on Monday that bank employees will never return to full-time office work. “It’s unrealistic and not what the employees want,” he explained. In an interview at the World Economic Forum in Davos, the chief executive said that the bank was “trying to encourage people to come back, but it … Read more

Horta Osório takes refuge in Comporta

After knocking on the door of the second largest Swiss bank, António Horta Osório took refuge in Comporta, in the company of his wife. The Portuguese banker resigned as president of Credit Suisse nine months after taking over the leadership of the banking institution, following an internal investigation carried out by the bank to determine … Read more

After leaving Credit Suisse, Horta Osório took refuge in Comporta

After knocking on the door of the second largest Swiss bank, António Horta Osório took refuge in Comporta, in the company of his wife. The Portuguese banker resigned as president of Credit Suisse nine months after taking over the leadership of the banking institution, following an internal investigation carried out by the bank to determine … Read more

Credit Suisse warns of turbulent inflation. But already sees relief in eurozone prices

The global scenario is one of transition in monetary policy conditions, driven by the acceleration of inflation. Credit Suisse speaks of a period of “turmoil” and “drastic change” in the positioning of central banks around the world. Still, he expects price relief in the eurozone in 2022. “Today’s high inflation may be a foretaste of … Read more

Swiss central bank digital money passes test

Ein further test of Swiss National Bank (SNB) with digital central bank money was successful. The SNB announced on Thursday that it had been possible to run the digital money based on blockchain technology via the IT systems of commercial banks. In addition to the SNB, the Bank for International Settlements (BIS) and the stock … Read more