Bank – Insurance

Bank: in the face of the crisis, the authorities are reactivating the moratoria

To avoid a credit crunch, the European Banking Authority (EBA) reactivates its exceptional regime on moratoriums. She had stopped him at the end of September but the second wave of the pandemic and the containment measures forced her to react. Banks will again be able to grant deferred repayments to their customers. Faced with the […]

Bank – Insurance

Savings: after a record collection in 2020, the Livret A is overflowing

The total outstanding of the preferred placement of the French now stands at 326.5 billion euros, an increase of 9.4% compared to last year. Savers who have reached the ceiling have turned to alternatives that do not put their capital at risk. It’s the wave that makes the pool overflow. In 2020, the collection of […]

Asset management

Assets under management in France reached a record level at the end of 2017

630 management companies were authorized in France at the end of 2017 for a total of assets under management of over 3.800 billion euros. The Autorité des marchés financiers is publishing its overview of management companies for the year 2017 on Tuesday. Here is what we can learn from it. Six hundred and thirty management […]

Bank – Insurance

The Banque de France will close 13 new regional banks by 2022

The closure of these branches could affect up to 135 jobs. The institution thus reacts to the decreasing use of banknotes by the French. Concern among employees of the Banque de France. According to our information, the institution plans to remove 13 of its remaining 37 regional funds by the second half of 2022. With […]

Asset management

Ostrum Asset Management announces a major austerity cure

The management company wants to reduce its costs by 25% in two years and is considering 50 voluntary departures within its Parisian teams. Ostrum Asset Management (formerly Natixis AM) is continuing its reorganization. Its managing director, Matthieu Duncan announced to employees on Tuesday that he wanted to reduce costs by 25% by the end of […]

Economy

Wirecard: a regulator accused of insider trading

The German financial market supervisory authority filed a complaint against one of its employees. He would have speculated on products linked to Wirecard, on the eve of the bankruptcy of the payments specialist. Splashed by the Wirecard scandal, the German financial policeman is cleaning up. The “BaFin” filed a complaint with the Stuttgart prosecutor’s office […]

Economy

After Gamestop, stock marketers attack silver prices against a backdrop of conspiracy

Unable to trade the titles of GameStop and AMC, amateur investors have moved the price of silver. A choice that is not by chance: the precious metal is at the heart of many conspiracy theories and its market is less deep and liquid than that of gold. Markets topsy-turvy. After wringing out the hedge funds […]

Social

“Ségur de la santé”: upgrades for private establishments and home help

The government has announced the release of 150 million euros to revalue home help in 2021. Negotiations on the implementation of wage increases in “Ségur” have been completed or are nearing goal in hospitals and private retirement homes, governed by multiple collective agreements. After three months of uncertainty, the fog is lifting over how some […]

Bank – Insurance

Brexit: discussions will get to the heart of financial services

Finance was largely pulled out of the trade deal signed on December 24 between the UK and the European Union. The two sides want to agree a memorandum of understanding by March. Barely signed the Brexit agreement between the European Union (EU) and Great Britain, the two camps are preparing to open discussions on a […]