
When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
On Monday, European equities leapt because Italy announced that it would pay €17 billion in taxpayers’ money for the purpose of bailing out two of its regional banks.
The Euro Stoxx 50 surged 0.91%, Germany’s DAX 30 gained 0.71% and France’s CAC 40 added 1.04%.
On Sunday, the Italian government announced its intention to wind down Banca Popolare di Vicenza along with Veneto Banca.
As part of this deal, the country’s largest retail bank Intesa Sanpaolo is bound to get the good assets from both lenders as well as €4.8 billion from the government just to sustain its capital ratio.
Aside from that, Rome will ensure state guarantees for the nonperforming loans, which could reach €12 billion.
Meanwhile, Italian bank stocks climbed up on the back of the news with UBI Banca, Intesa, UniCredit, Mediobanca, Banca Pop Emilia Romagna as well as Banco Bpm all surged more than 2% on Monday.
In London, the FTSE 100 inched up 0.55%.
When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
The first day of June should’ve brought us the US default. Unsurprisingly, the US House passes the debt ceiling bill at the latest possible moment.
About 24% of global central banks intend to increase gold reserves in 2023. Rising inflation, geopolitical turmoil, and worries about interest rates are reasons to increase gold reserves.
Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!
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