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The Latest Breaking News from UniCredit

Italy’s new affordable housing weapon is a 40% windfall tax on banks

The tax is intended as a one-off levy on bank profits made in 2023 and could help offset mortgage costs for Italians, especially first-time home-buyers.

Fortune

3 Consumer Financial Service Stocks Showing Good Growth Potential

In addition to this month’s rate hike, technological advancements are expected to further bolster the consumer financial services sector. Hence, it could be wise to invest in quality stocks, Mastercard (MA), PayPal (PYPL), and AssetMark Financial (AMK), which exhibit solid growth potential. Read on….

StockNews.com

Fears over banking sector grow as Credit Suisse shares plunge

Shares in the Swiss bank were halted from trading, as were Société Générale, Monte dei Paschi and UniCredit

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Russia prepares to seize western firms looking to leave

Russia is advancing a new law allowing it to take control of the local businesses of western companies that decide to leave in the wake of Moscow’s invasion of Ukraine, raising the stakes for multinationals trying to exit.

Reuters

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