Archive for the ‘Banking’ Category

Italy downturn signals troubled summer, The potential for central bank digital currencies

Italy downturn signals troubled summer, The potential for central bank digital currencies
Commentary: Italy downturn signals troubled summer By Sofia Melis in Rome Luigi Di Maio, leader of Five Star Movement, and Matteo Salvini, head of the League, proclaim the strong partnership between Italy’s two governing parties. Not only will they retain power, they say; they will also implement...
February 27th, 2019 | Banking, Comment, Conferences, Seminars, Forums, Finance, News | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, February 26 2019)

Daily Overview of Global Markets & the SEE Region (Tuesday, February 26 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Asian bourses ended lower today and major European bourses opened under some pressure as investors curb their enthusiasm about a constructive outcome in US/China trade talks and wait for more details, including, for how long the tariff...
February 26th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

US-China deal raises critical questions, Greening the financial system

US-China deal raises critical questions, Greening the financial system
US-China deal raises critical questions, Greening the financial system Commentary: US-China deal raises critical questions By Mark Sobel in Washington Washington has announced that it has reached an understanding with Beijing on a stable renminbi. The conditions for stability are ripe. Trump’s...
February 26th, 2019 | Alternative Sources of Energy, Banking, Conferences, Seminars, Forums, Emissions, Energy, Environment, Finance, Markets, Pollution, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Monday, February 25, 2019)

Daily Overview of Global Markets & the SEE Region (Monday, February 25, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Asian stocks ended sharply higher earlier today and European bourses followed suit in early trade amid increased optimism about an ultimate trade agreement between the US and China in the not too distant future. In his latest post on...
February 25th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

2018 preliminary figures (IFRS): Hamburg Commercial Bank shows solid new business and strong capital ratio

2018 preliminary figures (IFRS): Hamburg Commercial Bank shows solid new business and strong capital ratio
CEO Stefan Ermisch Hamburg – Hamburg Commercial Bank AG closed the 2018 financial year with net income before taxes of € 97 (-453) million, according to preliminary figures. Contributing factors included a good operating performance and new business almost at the previous year’s level, as well...
February 21st, 2019 | Banking | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, February 21 2019)

Daily Overview of Global Markets & the SEE Region (Thursday, February 21 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Appetite for risk taking was supported in early trade on Thursday, favored by a combination of increased optimism for a positive outcome in US/China trade talks and the dovish tone of the minutes from the 30 January FOMC meeting released...
February 21st, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Financing emerging Asia infrastructure, Geographic inequality and the rise of economic hubs

Financing emerging Asia infrastructure, Geographic inequality and the rise of economic hubs
. Commentary: Financing emerging Asia infrastructure By Jang Ping Thia in Beijing Despite much discussion and effort, private capital is still not playing the role it can or should in financing infrastructure projects in emerging Asia. Increased geopolitical uncertainty and shifts in terms of sources...
February 21st, 2019 | Banking, Comment, Finance | Read More

Midweek blues: The BDI@622 as Capes continue to disappoint…

Midweek blues: The BDI@622 as Capes continue to disappoint…
John Faraclas The BDI (Baltic Dry Index) lost 13 points earlier on today “THANKS” to the cursed Capes… Geopolitics continue to be more than messy. John Faraclas’ brief recap: The Capes lost 72 points and the BCI now stands at 578 – it lost the 600 points threshold and things might get sour…...
February 20th, 2019 | Banking, Chartering, Comment, Corruption, Dry Bulkcarriers, Fixtures, Insight, Markets, News, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, February 20, 2019)

Daily Overview of Global Markets & the SEE Region (Wednesday, February 20, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Market optimism for a positive outcome in US/China trade talks is rising, following yesterday’s comments by US President Donald Trump that negotiations are going well and he is open to pushing back the 1 March deadline for striking...
February 20th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Keeping the peace in US-China talks, Roundtable on developments in the euro area

Keeping the peace in US-China talks, Roundtable on developments in the euro area
China’s Xi Jinping with USA’s Donald Trump Commentary: Keeping the peace in US-China talks By Darrell Delamaide in Washington Ongoing US-China trade talks are a skirmish in what could become a protracted struggle. Not a trade war, but a wider contest – hopefully economic, not military –...
February 20th, 2019 | Banking, Comment, Insight, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, February 19, 2019)

Daily Overview of Global Markets & the SEE Region (Tuesday, February 19, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Market optimism for a positive outcome in US/China trade talks prevails. High-level officials from both countries reported progress in the latest round of talks and US President Donald Trump is reportedly considering pushing back the...
February 19th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Augmenting US Treasury foreign exchange report, Fed Talk podcast

Augmenting US Treasury foreign exchange report, Fed Talk podcast
Commentary: Augmenting US Treasury report on foreign exchange policies of trade partners By Mark Sobel in Washington The deadline for the next US Treasury report on the foreign exchange policies of major trading partners looms. Since the passage of the 2015 Trade Facilitation and Trade Enforcement Act,...
February 19th, 2019 | Banking, Finance | Read More

Daily Overview of Global Markets & the SEE Region (Monday, February 18, 2019)

Daily Overview of Global Markets & the SEE Region (Monday, February 18, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global equity indices made a strong start on the first day of this business week amid positive rhetoric on the US-China trade negotiations. In FX markets, helped by the increased risk-on mode amid trade negotiations optimism, the EUR/USD...
February 18th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Mark Sobel on the Fed, Steve Hanke on Venezuela, and more

Mark Sobel on the Fed, Steve Hanke on Venezuela, and more
OMFIF update Week 7 2019 11-15 February 2019 Vol.10 Ed.7 COMMENTARY Italy headed for ‘vicious’ debt crisis After a brief recovery, Italy has succumbed to its third recession in a decade. Its government is unlikely to revive flagging investor confidence. Ahead of the European elections, it...
February 16th, 2019 | Banking, Finance, Reports | Read More

Daily Overview of Global Markets & the SEE Region (Friday, February 15, 2019)

Daily Overview of Global Markets & the SEE Region (Friday, February 15, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Averting another government shutdown, the US President Donald Trump agreed to sign a spending bill yesterday that envisions around $1.4bn allocated for a fence and other forms of border security, much less than $5.7bn he originally...
February 15th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, February 14, 2019)

Daily Overview of Global Markets & the SEE Region (Thursday, February 14, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: According to data released earlier today, the German economy stalled in Q4 2018 with GDP growing by 0.0%QoQ compared to market consensus for 0.1%QoQ, narrowly avoiding a technical recession in H2 2018 after contracting by 0.2%QoQ in...
February 14th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, February 13 2019)

Daily Overview of Global Markets & the SEE Region (Wednesday, February 13 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Equity markets retained a positive tone earlier today on optimism that the US and China will strike a trade deal in the not too distant future. The tentative agreement between Republicans and Democrats on the US budget dispute late...
February 13th, 2019 | Banking, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Hamburg Commercial Bank driving optic fibre expansion in Spain forward

Hamburg Commercial Bank driving optic fibre expansion in Spain forward
Marcus Kleiner Hamburg/Kiel – Hamburg Commercial Bank is making available EUR 30 million in project finance to Spain’s leading private broadband network operator ADAMO as mandated lead arranger and structuring bank to drive a further expansion to 1.14 million household connections. The project is...
February 13th, 2019 | Banking, Communication | Read More

Sharp shift to Fed dovishness, Gender diversity in central banks

Sharp shift to Fed dovishness, Gender diversity in central banks
Commentary: Sharp shift to Fed dovishness By Mark Sobel in Washington The Federal Open Market Committee’s decision at the end of January to pause rate increases was long telegraphed and widely expected. But the highly dovish messaging in the Federal Reserve statement and press conference by Chair...
February 13th, 2019 | Banking, Comment, HR, Insight | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, February 12, 2019)

Daily Overview of Global Markets & the SEE Region (Tuesday, February 12, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: According to a number of US media reports, Republicans and Democrats in the US have reached a tentative agreement on the US budget dispute aiming to avert another government shutdown due to start on Saturday. Meanwhile, White House...
February 12th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Venezuela’s death spiral, Germany and the UK after Brexit

Venezuela’s death spiral, Germany and the UK after Brexit
Nicolás Maduro Commentary: Venezuela’s death spiral By Steve Hanke in Baltimore Under President Nicolás Maduro, Venezuela has fallen ever further into an economic death spiral. Evidence of this comes from Venezuela’s inflation rate, which is running at 139,839% per year. At the same time...
February 12th, 2019 | Banking, Comment, Country Profiles, Finance | Read More

OMFIF – new speakers to discuss central bank gender diversity

OMFIF – new speakers to discuss central bank gender diversity
   OMFIF is pleased to announce two new speakers joining the panel to discuss the 2019 Gender Balance Index and how to encourage diversity in the traditionally male-dominated financial sector: Martin Taylor, member of the financial policy committee, Bank of England Caitlin Kraft-Buchman, founder...
February 11th, 2019 | Banking, Conferences, Seminars, Forums, HR | Read More

Daily Overview of Global Markets & the SEE Region (Monday, February 11, 2019)

Daily Overview of Global Markets & the SEE Region (Monday, February 11, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: After a week-long break for the Lunar New Year holiday, Chinese shares made a strong start on Monday following better-than-expected retail sales. Meanwhile, European equity indices opened higher amid widespread optimism among investors...
February 11th, 2019 | Banking, Finance, Reports, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (Friday, February 8, 2019)

Daily Overview of Global Markets & the SEE Region (Friday, February 8, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The majority of global equity markets traded in the red on Friday amid increasing worries that a trade deal between the US and China won’t be reached before the March deadline. The European Commission’s updated forecasts (2019 Winter...
February 8th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, February 7, 2019)

Daily Overview of Global Markets & the SEE Region (Thursday, February 7, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Taking their lead from Wall Street overnight, Asian equity indices traded mixed on Thursday while European bourses opened lower. Germany’s December weak factory orders and industrial production data may have also had a negative impact...
February 7th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More