French fintech iBanFirst launches an international payment monitoring tool

French fintech iBanFirst launches an international payment monitoring tool

The tool should allow companies to follow transactions as “we follow the delivery of a package,” says the start-up. A transparency to which banks still balk. « Your international payment is parked in bank X. This is the kind of information that clients of French fintech iBanFirst doing international transactions will soon be able to obtain. The young growth has indeed launched this Thursday a “tracker” which should make it possible to follow its payments…

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Insurance: the world of brokerage in turmoil

Insurance: the world of brokerage in turmoil

The sector is the scene of numerous transactions, with mergers, changes of hands or international developments. It arouses the appetite for funds, as the acquisition of Santiane by Latour Capital in health insurance has just shown. The teeming world of insurance brokerage continues to evolve. At a time when the consolidation of the major corporate insurance brokers is accelerating on the French market, with the discussions underway between Siaci Saint Honoré and his rival Diot,…

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Caisse des Dépôts takes over the presidency of Emergence

Caisse des Dépôts takes over the presidency of Emergence

This year, the fund to support entrepreneurial management companies is extending its field of action to continental Europe. The news Laurent Deborde, director of innovation and development of asset management at Caisse des Dépôts (CDC), took on the presidency of Emergence, the local fund supporting entrepreneurial management companies, on January 1, as a representative of the CDC. “As for other investors, CDC’s interest is twofold in Emergence: there is a heritage objective of financial return…

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Coronavirus: the liquidity of funds at the heart of the concerns

Coronavirus: the liquidity of funds at the heart of the concerns

The extreme gyrations in the financial markets in recent days illustrate the erosion of liquidity, which is even more worrying for certain markets such as emerging debt and high yield credit. Faced with the large share buyback requests expected, regulators are watching. The financial markets have never experienced such a steep and rapid fall. Within days, operators went from complacency to panic. The volatility index on the Euro Stoxx 50 has returned to its highest…

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Coronavirus: two weeks of confinement erased five years of growth

Coronavirus: two weeks of confinement erased five years of growth

The Banque de France estimates that the French economy is running at two-thirds of its productive capacity and that the GDP has already fallen by 6% in the first quarter. The debate on the trade-off between health cost and the economic cost of containment will necessarily intensify. The violence of the fall is now known. It remains to be seen what the pace and timing of the ascent will be. The Banque de France published…

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The Bank of England once again flies to the rescue of the British economy

The Bank of England once again flies to the rescue of the British economy

The Bank of England announced, this Thursday morning, a strengthening of 150 billion pounds of its asset buyback program, to bring it to 895 billion. Analysts expected an increase of “only” 100 billion. The central bank, on the other hand, leaves its key rate unchanged at 0.1%. This is yet another boost from the Bank of England to the UK economy to help it cope with the damage caused by the coronavirus pandemic. The Bank…

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The giant Amundi has seen its outstandings melt with the coronavirus crisis

The giant Amundi has seen its outstandings melt with the coronavirus crisis

The European champion of asset management recorded an outflow limited to 3.2 billion euros in the first quarter thanks to the dynamism of its joint ventures in Asia. The fall of the markets, however, brought down its outstandings by more than 120 billion. The coronavirus pandemic has not called into question the dominance ofAmundi on asset management in Europe. The French champion of the sector, a subsidiary of Crédit Agricole, has withstood the tensions on…

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BlackRock’s largest shareholder withdraws

BlackRock’s largest shareholder withdraws

PNC Financial bank announced its intention to sell the 22.4% it had held in the world leader in asset management since 1995. It then paid $ 240 million for an investment valued today at 17 billion. It’s the end of an era at BlackRock. The world leader in asset management has announced that its main shareholder, PNC Financial, is selling its shares. The Philadelphia-based regional bank, the ninth-largest US bank in terms of assets, held…

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Climate: Exxon in the sights of its shareholders

Climate: Exxon in the sights of its shareholders

The American oil company is singled out by one of the big European asset managers for its lack of climate strategy. Several of its competitors have already made strong commitments. After Shell, BP, Equinor and Total, it is Exxon ‘s turn to come under pressure from its shareholders in the fight against global warming. One of them, the British Legal and General Investment Management (LGIM) – the second largest European asset manager behind the French…

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China, the giant that wants to dominate the world

China, the giant that wants to dominate the world

Its industrial flagships flood the planet. Proud of its model and its renewed influence, Beijing is posed as an uninhibited rival of the Western world. And is accelerating even further with its “Made in China 2025” plan and its “New Silk Roads”. Surrounded by foreign journalists, specially invited to Shenzhen to discover “today’s China”, Zhu Chen Lin displays a beguiling smile. “It is here that the country’s major reforms were initiated nearly forty years ago,”…

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