Latest News for: Helsinki banks

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ECB's Rehn says inflation, economy will decide pace of rate hikes

Reuters 22 Nov 2022
HELSINKI, Nov 22 (Reuters) - The European Central Bank will continue to raise interest rates, and the pace of its hikes will be determined by the rate of inflation and the overall economic ...
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VIEW Bank of England lifts UK rates to 3% in historic hike

Reuters 03 Nov 2022
UK bank stocks (.FTNMX301010) fell 0.8% ... The aim is stability in the long-term, as further highlighted by the bank beginning quantitative tightening, with the bank hoping the economy will rise out of the recession by this time next year."JAN VON GERICH, CHIEF ECONOMIST, NORDEA, HELSINKI.
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Danske Bank books $1.9 bln provision to settle Estonia case

Napa Valley Register 27 Oct 2022
HELSINKI (AP) — Danish lender Danske Bank said on Thursday that it would book a 14 billion Danish kroner ($1.9 billion) provision in the third quarter for impending fines related to the bank’s involvement in a ...
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AP Business SummaryBrief at 9:00 a.m. EDT

Messenger-Inquirer 27 Oct 2022
European Central Bank makes another large interest rate hike ... HELSINKI (AP) — Danish lender Danske Bank says it will book a 14 billion Danish kroner ($1.9 billion) provision in the third quarter for impending fines related to the bank’s involvement in a massive money laundering scandal in Estonia.
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AP Business SummaryBrief at 9:34 a.m. EDT

Messenger-Inquirer 27 Oct 2022
European Central Bank makes another large interest rate hike ... HELSINKI (AP) — Danish lender Danske Bank says it will book a 14 billion Danish kroner ($1.9 billion) provision in the third quarter for impending fines related to the bank’s involvement in a massive money laundering scandal in Estonia.
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AP Business SummaryBrief at 9:47 a.m. EDT

McAlester News-Capital 27 Oct 2022
European Central Bank makes another large interest rate hike ... HELSINKI (AP) — Danish lender Danske Bank says it will book a 14 billion Danish kroner ($1.9 billion) provision in the third quarter for impending fines related to the bank’s involvement in a massive money laundering scandal in Estonia.
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AP Business SummaryBrief at 8:31 a.m. EDT

SCNOW Morning News 27 Oct 2022
European Central Bank chief says economy is set to weaken ... HELSINKI (AP) — Danish lender Danske Bank says it will book a 14 billion Danish kroner ($1.9 billion) provision in the third quarter for impending fines related to the bank’s involvement in a massive money laundering scandal in Estonia.
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AP Business SummaryBrief at 9:05 a.m. EDT

SCNOW Morning News 27 Oct 2022
European Central Bank makes another large interest rate hike ... HELSINKI (AP) — Danish lender Danske Bank says it will book a 14 billion Danish kroner ($1.9 billion) provision in the third quarter for impending fines related to the bank’s involvement in a massive money laundering scandal in Estonia.
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Appian Capital Advisory appoints new managing director, private equity

Mining Dot Com 10 Oct 2022
Grönlund started his career at JPMorgan, working in London and New York across its investment banking division. He graduated with an MSc Degree from the Helsinki School of Economics and a joint CEMS Management Master’s Degree from HSE/London School of Economics.
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Multitude SE: Announcement Of Rebranding Subsidiary, Ferratum Bank P.L.C., To Multitude Bank P.L.C.

MENA FN 04 Oct 2022
(MENAFN - GlobeNewsWire - Nasdaq) Multitude SE. Announcement of rebranding subsidiary, Ferratum Bank p.l.c., to Multitude Bank p.l.c. Helsinki, 0 4 October 2022 – Multitude SE ... .
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ECB policymakers put 75 bps hike on table for October

The Philadelphia Inquirer 28 Sep 2022
FRANKFURT/HELSINKI -The European Central Bank may need to raise interest rates by another 75 basis points at its October meeting and move ...
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ECB needs big Oct rate hike; should hit neutral rate this year, Rehn says

FX Empire 28 Sep 2022
HELSINKI (Reuters) – The European Central Bank must continue to raise interest rates quickly to tame inflation and could reach a level that no longer stimulates the economy before Christmas, Finnish central bank chief Olli Rehn said in an interview ... Banks now earn a positive ...
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'He knew nothing about so many things': Trump White House staffers were 'startled' by his ignorance

Raw Story 20 Sep 2022
Speaking with co-host Jonathan Lemire, the two authors were asked about Trump's issues dealing with former leaders and they revealed a story about the former president offering to give away the West Bank. "There is so much about his meetings with Putin in Helsinki, his efforts to walk out of NATO," host Lemire began.
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Nordea Bank projects zero GDP growth for Finland in 2023

China.dot.org 07 Sep 2022
HELSINKI, Sept. 7 (Xinhua) -- Nordea Bank, the largest bank in the Nordics, downgraded its growth forecasts for Finland's economy on Wednesday ... The bank cited high inflation, rising interest rates and the European energy crisis as the main reasons.
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UK weighs huge support package as Europe battles energy crisis

Reuters 06 Sep 2022
UK to freeze energy bills for this winter and next - BBC$1.5 tln plus in margin calls seen in Europe ex UK-EquinorFinland's Fortum gets 2.35 bln euro bridging loanSwitzerland's Axpo gets credit line of up to 4 bln SfrCentrica in talks with banks over extra credit - FT.

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