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What is driving global supply chain bottlenecks?

September 12, 2022

The FINANCIAL — Bottlenecks in the world economy have been a key reason for high inflation among traded goods. This post explores Bank staff analysis on the key drivers behind these bottlenecks. Bottlenecks in global supply chains have been an important driver of inflationary pressures across the world, increasing prices of tradable goods. These emerged as supply disruptions – for example

Bank of America’s CashPro App Wins Multiple Industry Awards

British Reporter — App Activity Soars As Businesses Appreciate The Convenience Of

by British Reporter

March 20, 2022

1 min read

Celent Names Bank of America a Leader in Wealth Management Innovation

British Reporter — Bank of America announced that it has been recognized

by British Reporter

March 15, 2022

1 min read

Bank of America Consumer Clients Make $294 Billion in Payments in February, up 16% Year-Over-Year

British Reporter — Bank of America announced their approximately 67 million clients

by British Reporter

March 9, 2022

3 mins read

BANKS

UniCredit and EIB: an additional €500 million for Italian mid-caps to tackle the COVID-19 crisis

The FINANCIAL -- UniCredit and the European Investment Bank (EIB) are providing new funding to ensure the resilience of the economy hit by the pandemic and stimulate recovery.

by The FINANCIAL

December 23, 2020

1 min read

BANKS

First operation under Pan-European Guarantee Fund

The FINANCIAL --The European Investment Bank (EIB) and Banca March are joining forces once again to support the economic recovery of Spanish small and medium-sized enterprises (SMEs – up to 250 employees), mid-caps (between 250 and 3 000 employees) and large corporates

by The FINANCIAL

December 23, 2020

3 mins read

BANKS

Deutsche Bank Increases Family Planning Benefits

The FINANCIAL -- Deutsche Bank announced major changes to its family planning benefits for employees, namely increasing its surrogacy benefit from USD 10,000 to a life-time maximum of USD 50,000 per employee. The increased surrogacy benefit is critical for some LGBTQI employees who

by The FINANCIAL

December 22, 2020

1 min read

BANKS

France: Ages & Vie speeds up development supported by the signature of a first Euro 55m loan agreement between Korian and the EIB

The FINANCIAL -- First financing agreement between the European Investment Bank (EIB) and the Korian group for Euro 55 million. A loan guaranteed by the European fund for strategic investments. 67 Ages&Vie projects under construction for completion in 2021 and early 2022. An inclusive, local

by The FINANCIAL

December 18, 2020

2 mins read

BANKS

IDB supports Uruguay tackle natural disaster and health emergency impacts

The FINANCIAL -- The Inter-American Development Bank (IDB) has approved a USD 100 million contingency loan to finance a program launched by Uruguay to cushion the impact of natural disasters and health emergencies on its public finances.

by The FINANCIAL

December 18, 2020

1 min read

BANKS

Water Security a Top Priority in COVID-19 Recovery, Says ADB Report

The FINANCIAL -- Economies of Asia and the Pacific must put water security at the top of their agenda to recover from the fallout from the coronavirus disease (COVID-19) pandemic and adapt to climate change, according to a new flagship report released

by The FINANCIAL

December 18, 2020

2 mins read

BANKS

New Year’s sales: how UK retail can survive and thrive beyond Brexit

The FINANCIAL -- How can UK retailers and wholesalers prepare for the end of the Brexit transition period while dealing with the challenges of the coronavirus pandemic? It will be demanding, say Barclays experts Karen Johnson and Ian Taylor, but businesses need

by The FINANCIAL

December 17, 2020

3 mins read

BANKS

Bank of America Announces Full Redemption of Depositary Shares Representing Interests in Its 6.200% Non-Cumulative Preferred Stock, Series CC

The FINANCIAL -- Bank of America Corporation announced today that it will redeem all outstanding shares of its 6.200% Non-Cumulative Preferred Stock, Series CC (the “Series CC Preferred Stock”), and the corresponding depositary shares representing fractional interests in the Series CC Preferred

by The FINANCIAL

December 17, 2020

1 min read

BANKS

Chisinau landfill revamp financed by EBRD, EIB, EU, its members, Moldova and Norway

The FINANCIAL -- Moldovan capital needs urgent response to growing waste problem. Euro 18 million in financing waste management backed by Euro 5 million E5P grant, to which EU is largest contributor. Project in Chisinau part of EBRD Green Cities initiative. The Moldovan capital

by By Olga Rosca

December 17, 2020

3 mins read

BANKS

Italy: EIB supports Milan’s Green Plan

The FINANCIAL -- Framework loan of Euro 200 million to the Municipality for multi-sectoral investments in energy efficiency and renewables, sustainable mobility, waste management and liveability of urban spaces. EU bank’s first operation in support of an Italian municipality benefiting from the exceptional

by The FINANCIAL

December 16, 2020

1 min read