JP MORGAN MAKES ITS FIRST MAJOR FINTECH ACQUISITION: WEPAY
LVMH becomes the new luxury goods colossus following the full acquisition of Christian Dior
@JP Morgan Chase & Co and WePay THE FINTECH ERA In the last few years, the financial sector has dramatically changed due to unstable and complex market conditions, new regulations and variations in consumers’ behaviours. More specifically, in the past decade, the rise and further development of new technological tools and digital innovations led to […]
PSA Group, acquiring Opel and Vauxhall, is becoming the second largest Europe-based automaker
LVMH & DIOR LVMH LVMH Moët Hennessy Louis Vuitton SE – simple known as LVMH – is a French multinational conglomerate based in Paris which sells luxury goods. With revenue of €37.6 billion and a profit of €4 billion, the company is currently the biggest luxury company in the world, and it has about 120,000 […]
Is the Italian banking future based on UniCredit?
@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 […]
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 […]