The Ministers of Economy and Finance (Ecofin) gave the green light to the prudential regulatory framework for credit institutions operating in the European Union, to improve the bank dissolution process and help ensure that these entities remain resilient and capable of resisting disturbances.…
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euros
Swiss Bank UBS sanctioned for tax evasion
A Court of Appeal in Paris sentenced the Swiss banking group UBS for carrying out illegal practices on money laundering and imposed a fine of 1.8 billion euros. However, this amount is lower than that established by another court in 2019.…
European Central Bank to redesign euro banknotes
The European Central Bank (ECB) reported that it plans to invite the population to participate in the redesign of the euro banknotes in a process that is projected to culminate in 2024 with the acceptance of a final proposal.
In the words…
Spain registers historical record of exports
Spain registers a historical record of exports. Spanish companies once again make history by finding abroad the necessary source to overcome their crisis, as they did in 2008, breaking a record with exports in the order of 229,963 million…
Taliban ban the use of foreign currencies in Afghanistan
The Taliban government announced a total ban on the use of foreign currency in Afghanistan based on the economic situation it is going through and the "interests" of the country.
"The economic situation and the national interests of the…
CBV increases commissions for different banking operations
The Central Bank of Venezuela (BCV) established between 3% and 4% the commission for withdrawing funds from foreign currency in cash, which will be paid in national currency at the exchange rate of the operation, while the sale of foreign…
American Airlines lead the Airlines 50 2021 ranking
Three American companies lead the Airlines 50 2021 ranking, despite the fact that they have lost between 38 and 40 % their brand value. Delta, with a value of 4.9 billion euros, American Airlines with 4.5 billion and United Airlines with…
Stadler will invest 40 million euros in Valencia
The president of Stadler Valencia (Spain), Íñigo Parra, announced that the company selected its headquarters in the city Valencia to turn it into a world-renowned railway technology center. It should becoeme its new technology center for…
The EU has a new sustainable finance strategy
The European Commission published the new strategy on sustainable finance, which includes a series of initiatives to face climate change and some environmental challenges, increasing investment and inclusion of small and medium-sized…
BBVA in Switzerland will offer bitcoin transactions
The headquarters of the financial entity of BBVA of Switzerland launches today its first service for the purchase, sale and custody of crypto assets, starting with Bitcoin. The purpose is to open to other cryptocurrencies, for all its…
Brussels proposes to increase the EU budget by 2.2% for 22
The European Commission presented an EU budget plan for 2022 amounting to 167.8 billion euros, 2.2 % more than this year, and will be complemented by some 143.5 billion euros in non-reimbursable transfers from the fund of postCovid…
Bancamiga Exchange Desk allows you to buy or sell currencies without intermediaries or surcharges
The Bancamiga Exchange Desk is a financial mechanism that operates as a kind of auction through which currencies can be bought or sold legally and transparently.
Without intermediaries or surcharges, the acquisition and sale of foreign…