Tag: Banks

May 30

Fondo di Garanzia per le PMI: nuova operatività Web per le Sezioni Speciali per l’internazionalizzazione delle PMI

Banca del Mezzogiorno – MedioCredito Centrale, comunica l’attivazione delle procedure web per la presentazione delle richieste a valere sulle sezioni Speciali finalizzate a favorire i processi di internazionalizzazione delle PMI, alimentate dai contributi versati dalle Camere di Commercio, regolate dalle circolari del Gestore n. 640 del 18 marzo 2013 e n. 641 del 18 aprile 2013. Le …

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Mar 03

Fondo di Garanzia per le PMI: aumenta la trasparenza

Approvato dal dal Comitato di Gestione del Fondo centrale di Garanzia per le PMI nella seduta del 14 febbraio 2013 il Parte X disposizioni operative (Disposizioni in tema di Trasparenza delle condizioni e di formazione ai soggetti beneficiari finali). Il Piano della Trasparenza è stato elaborato in attuazione di quanto previsto all’art. 12 del decreto MISE …

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Sep 23

Goldman Sachs’ outlook on Italian politics

Goldman Sachs’ last report on the Italian politics and future elections suggests how to get a second mandate for Mario Monti, its former consultant in charge of Prime Minister (through the famous revolving doors, the article tells) by changing the electoral law, MF anticipates. The strategy is the following. “The reform of the electoral law: …

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Sep 14

Germany’s halt to €5tn bank guarantee idea

An ambitious blueprint to guarantee the whole amount of deposits in eurozone banks have been stopped by German objections, Financial Times revealed today. EU officials agreed a eurozone banking union with regulation and control shifted to Brussels, and the guarantee over deposits was intended as a first move in that direction. In the first drafts …

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Sep 13

The German Constitutional Court’s “yes-but” answer to the ESM Treaty

The conditional approval of the ESM’s rules by Karlsruhe judges limits the secrecy of bailout agreements, in the name of the citizens’ right to be informed. It comes after 37.000 Germans signed the petitions against unlimited funding to ESM by Germany. The Court’s decision orders the two Chambers of the German Parliament be fully informed …

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Sep 12

Commodities markets: food price rush

In 2012 the price of soy grew over 30%, and this summer wheat and corn hit respectively +30% and +38%. In the last six months of 2010 alone, more than 44 million people were driven into extreme poverty as a result of rising food prices. At the same time, banks and financial investors are making …

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Sep 12

BBA warned banks on LIBOR-EURIBOR rate-rigging

The British Bankers’ Association (BBA) issued a warning to banks in April 2008 to “submit honest rates” to its Libor setting panel. One email, dated 21 May 2008, appears to show that Angela Knight, the chief executive of the BBA, was aware of the potential for banks to submit rates not reflecting the price at …

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