PSA Group, acquiring Opel and Vauxhall, is becoming the second largest Europe-based automaker

@General Motors THE ACTORS INVOLVED General Motors company is an American multinational company that designs, produces, markets and distributes cars, car parts but also financial services related to cars. GM global headquarters are located in the United States (Detroit, Michigan) but the company’s cars are manufactured in other 35 countries. In the graph above we […]

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Is the Italian banking future based on UniCredit?

BACKGROUND OF ITALY’S FINANCIAL SYSTEM It is public renowned that Italian banks have significantly higher percentage of NPLs (non-performing loan is a loan that is in default or close to being in default) in comparison to other banks in Europe. The fact of having this high rate of bad credits has led some banks to the brink of default, beginning last year with […]

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