Sweden and the Netherlands demand to disclose the clients of the Swiss UBS
It recently emerged that Sweden and the Netherlands filed administrative requests with the Swiss authorities asking them to state the names of their citizens who own accounts at UBS in…

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Cayman Islands introduced new legislation to protect personal information
The Cayman Islands, like many other small island states whose main income is provided by the financial sector, consider it of utmost importance to maintain its reputation as a reliable…

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The banking crisis in Europe: Deutsche Bank is just the tip of the iceberg

The banking crisis in Europe is gaining momentum. And although the facts of this destructive process are hidden, more and more moments become visible to others. This was particularly vividly illustrated by the example of Deutsche Bank, which received several blows from different sides at once.
However, it is only the tip of the iceberg, visible to the whole problem, while almost every bank in Europe is in a risky situation.
Can Deutsche Bank suffer the fate of Lehman Brothers? Continue reading

Currency operations of commercial banks and their role in economic development

In the conditions of transition of the economy to market relations and the development of the banking system, the development and improvement of currency operations of commercial banks is of particular importance.
It should be noted that in the world economy there is a constant overflow of money capital, where the core of financial flows is the sphere of material production and the direction of these flows is primarily affected by the state of the economy, mutual liberalization of trade between countries, etc. Continue reading

Reasons to open a foreign bank account today!
What could be more important than the safety and stability of your savings and assets? Perhaps only the reliability of your bank. Yes, it is the bank that should be…

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