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Latest News

Spanish Commercial Bank Santander’s $12.3B Webster Bank Deal Cleared by OCC, Expands U.S. Presence

Spanish Commercial Bank Santander’s $12.3B Webster Bank Deal Cleared by OCC, Expands U.S. Presence

1 day ago
US investment manager Balbec Capital acquires UK Property Lender Funding 365

US investment manager Balbec Capital acquires UK Property Lender Funding 365

1 day ago
UBS-Nethermind Pilots Show Public Ethereum Viable for Tokenized Assets in Banking

UBS-Nethermind Pilots Show Public Ethereum Viable for Tokenized Assets in Banking

2 days ago
PostFinance launches first multi-asset ETF for private investors with DWS

PostFinance launches first multi-asset ETF for private investors with DWS

2 days ago
Luxembourg Private Banking: Global Gate’s €11.5M Investment in Bemo Europe

Luxembourg Private Banking: Global Gate’s €11.5M Investment in Bemo Europe

3 days ago
Migros Bank Promotes Sustainable Finance in Swiss Banking Sector

Migros Bank Promotes Sustainable Finance in Swiss Banking Sector

3 days ago

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    Real Estate News

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      Portugal House Prices to Rise 11.7% in 2026 After 17.6% Surge in 2025—Banco BPI Warns of Slowing Growth

      Portugal House Prices to Rise 11.7% in 2026 After 17.6% Surge in 2025—Banco BPI Warns of Slowing Growth

      1 month ago
      Spain’s Real Estate Market Cools: High Mortgages, Record Prices, and Few New Homes Drive Decline in Sales

      Spain’s Real Estate Market Cools: High Mortgages, Record Prices, and Few New Homes Drive Decline in Sales

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      Buying a House in Portugal Could Get Harder: Bank of Portugal Proposes Tighter Mortgage Rules

      Buying a House in Portugal Could Get Harder: Bank of Portugal Proposes Tighter Mortgage Rules

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      France’s Real Estate Prices: Which Cities Are Rising or Falling? Latest Data Reveals Surprising Shifts

      France’s Real Estate Prices: Which Cities Are Rising or Falling? Latest Data Reveals Surprising Shifts

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      Banking News

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        Cash Losing Ground in the EU: A Digital Shift Explore how cash is declining in the Eurozone as digital payments rise, reshaping consumer habits and the future of transactions. In the ever-evolving landscape of monetary transactions within the Eurozone, cash appears to be gradually relinquishing its erstwhile dominance. Despite its continued status as the preferred medium of exchange for many consumers, particularly for minor purchases, the European Central Bank (ECB) has illuminated a discernible shift towards digital payment modalities. Recent analyses reveal that while cash transactions still constitute a significant portion of exchanges, their prevalence is waning. In 2023, a mere 52 percent of transactions were executed in cash, a notable decline from 59 percent in 2022 and a staggering 72 percent in 2019. This trend underscores a broader societal pivot towards the convenience and efficiency of digital payments. Moreover, the ascendancy of card payments is equally striking, with their share escalating from 25 percent in 2019 to 39 percent in the latest evaluation. This transition is not merely a statistical anomaly; it reflects a profound transformation in consumer behavior and preferences. Interestingly, the decline in cash transactions is not uniform across the Eurozone. While most member states have witnessed a decrease in cash usage, Finland and the Netherlands stand as exceptions, maintaining a more robust engagement with physical currency. Cyprus has experienced the most pronounced drop, with an 11 percentage point decrease in cash transactions, followed closely by Germany, Malta, and Portugal, each recording a 10 percentage point decline. As we navigate this intricate tapestry of financial evolution, one must ponder: is cash truly losing its grip, or is it merely adapting to a new role in an increasingly digital economy? The answer may lie in the delicate balance between tradition and innovation, a dance that will undoubtedly continue to unfold in the years to come.

        Cash Losing Ground in the EU: A Digital Shift

        1 year ago
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        Novo Banco Sells Non-performing Loan Portfolio for €30.7 Million  

        Novo Banco Sells Non-performing Loan Portfolio for €30.7 Million  

        2 years ago
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        Spain Real Estate Market: Mortgage Signings Jump 61%

        2 years ago
        France Real Estate: 2025 Price Forecasts Unveiled

        France Real Estate: 2025 Price Forecasts Unveiled  

        2 years ago
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        Investing News

        • Investing
          US investment manager Balbec Capital acquires UK Property Lender Funding 365

          US investment manager Balbec Capital acquires UK Property Lender Funding 365

          1 day ago
          PostFinance launches first multi-asset ETF for private investors with DWS

          PostFinance launches first multi-asset ETF for private investors with DWS

          2 days ago
          Pictet’s Elevation Fund II Acquires Zurich Marriott Hotel: Strategic Bet on the Swiss Luxury Real Estate Market

          Pictet’s Elevation Fund II Acquires Zurich Marriott Hotel: Strategic Bet on the Swiss Luxury Real Estate Market

          5 days ago
          Swiss Pension Funds Deliver Strong Returns in May 2026, Powered by Global Equities

          Swiss Pension Funds Deliver Strong Returns in May 2026, Powered by Global Equities

          2 weeks ago
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          Wealth Management News

          • Wealth Management
            PostFinance launches first multi-asset ETF for private investors with DWS

            PostFinance launches first multi-asset ETF for private investors with DWS

            2 days ago
            Rothschild & Co Expands into German Banking with Acquisition of Marcard, Stein & Co

            Rothschild & Co Expands into German Banking with Acquisition of Marcard, Stein & Co

            1 week ago
            Swissquote Bank Europe Joins Elite as Seventh Licensed Crypto-Asset Service Provider in Luxembourg

            Swissquote Bank Europe SA Obtains Casp License, Becomes Seventh Crypto-Asset Service Provider in Luxembourg

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            Swiss Pension Funds Deliver Strong Returns in May 2026, Powered by Global Equities

            Swiss Pension Funds Deliver Strong Returns in May 2026, Powered by Global Equities

            2 weeks ago
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            Finance News

            • Finance
              US investment manager Balbec Capital acquires UK Property Lender Funding 365

              US investment manager Balbec Capital acquires UK Property Lender Funding 365

              1 day ago
              UBS-Nethermind Pilots Show Public Ethereum Viable for Tokenized Assets in Banking

              UBS-Nethermind Pilots Show Public Ethereum Viable for Tokenized Assets in Banking

              2 days ago
              PostFinance launches first multi-asset ETF for private investors with DWS

              PostFinance launches first multi-asset ETF for private investors with DWS

              2 days ago
              Leonardo Del Vecchio Turns to Private Debt Investment Amid BNP Paribas Cool-Off for €10 Billion Delfin Buyout

              Leonardo Del Vecchio Turns to Private Debt Investment Amid BNP Paribas Cool-Off for €10 Billion Delfin Buyout

              1 week ago
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              Asset Management News

              • Asset Management News
                UBS-Nethermind Pilots Show Public Ethereum Viable for Tokenized Assets in Banking

                UBS-Nethermind Pilots Show Public Ethereum Viable for Tokenized Assets in Banking

                2 days ago
                PostFinance launches first multi-asset ETF for private investors with DWS

                PostFinance launches first multi-asset ETF for private investors with DWS

                2 days ago
                Pictet’s Elevation Fund II Acquires Zurich Marriott Hotel: Strategic Bet on the Swiss Luxury Real Estate Market

                Pictet’s Elevation Fund II Acquires Zurich Marriott Hotel: Strategic Bet on the Swiss Luxury Real Estate Market

                5 days ago
                Swissquote Bank Europe Joins Elite as Seventh Licensed Crypto-Asset Service Provider in Luxembourg

                Swissquote Bank Europe SA Obtains Casp License, Becomes Seventh Crypto-Asset Service Provider in Luxembourg

                1 week ago
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                Real Estate Investing News

                • Real Estate Investing News
                  Pictet’s Elevation Fund II Acquires Zurich Marriott Hotel: Strategic Bet on the Swiss Luxury Real Estate Market

                  Pictet’s Elevation Fund II Acquires Zurich Marriott Hotel: Strategic Bet on the Swiss Luxury Real Estate Market

                  5 days ago
                  Demand rises: luxury real estate in France hits €40B

                  Demand rises: luxury real estate in France hits €40B

                  6 days ago
                  Spain Real Estate Investment Opportunities: Offices, Data Centers, and Flex Living Take the Lead

                  Spain Real Estate Investment Opportunities: Offices, Data Centers, and Flex Living Take the Lead

                  6 days ago
                  Luxury Real Estate in Portugal: Safe Haven Demand Soars Amid Middle East Conflict

                  Luxury Real Estate in Portugal: Safe Haven Demand Soars Amid Middle East Conflict

                  2 weeks ago
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                  Banking Share News

                  • Uncategorized
                    Luxembourg Private Banking: Global Gate’s €11.5M Investment in Bemo Europe

                    Luxembourg Private Banking: Global Gate’s €11.5M Investment in Bemo Europe

                    3 days ago
                    Rumors Swirl in Italian Banking Sector: Banco Bpm and Bff Bank in Spotlight

                    Italian Banking Sector Buzz: Banco Bpm, Bff Bank, and Banca Monte Paschi Siena in the Mix

                    1 week ago
                    Germany Rejects UniCredit's Offer for Commerzbank Citing Price Concerns

                    Germany Rejects UniCredit’s Offer for Commerzbank Citing Price Concerns

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                    Intesa Sanpaolo Launches Bold €30.6 Billion Bid for Monte dei Paschi di Siena to Cement Italian Banking Leadership

                    Intesa Sanpaolo Launches Bold €30.6 Billion Bid for Monte dei Paschi di Siena to Cement Italian Banking Leadership

                    2 weeks ago
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