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German bank Commerzbank continues streak of record results despite corporate slowdown

German bank Commerzbank continues streak of record results despite corporate slowdown

Real Estate Sales in Spain: Market Decline Amid All-Time High Prices and Foreign Buyer Surge

Spain’s Real Estate Sales Drop 5.7% in Q2: Home Transactions Hit 7-Quarter Low, Registrars Report

Luxury Apartments in Germany: Hamburg’s Premium Real Estate Market Defies Trends Amid Growing Demand

Luxury apartments in Germany stay hot as prime houses feel the squeeze

France’s furnished rental property investment boom: students and seniors drive returns

France’s furnished rental property investment boom: students and seniors drive returns

HSBC Surpasses Expectations with Robust Profit Growth, Increases Savings Target, and Announces $1 Billion Share Buyback

HSBC Surpasses Expectations with Robust Profit Growth, Increases Savings Target, and Announces $1 Billion Share Buyback

Netherlands to Require D Energy Rating for All Rental Properties by 2029: What Landlords and Tenants Need to Know

Netherlands to Require D Energy Rating for All Rental Properties by 2029: What Landlords and Tenants Need to Know

Real Estate News

Uncategorized

Switzerland Real Estate Insights: 14 sqm Apartment for 2602 Francs

Switzerland Real Estate Insights: 14 sqm Apartment for 2602 Francs

Real Estate in Greece: Urban Speed vs. Rural Slowdown

Real Estate in Greece: Urban Speed vs. Rural Slowdown

UK House Prices Up 4.7% in 2024: North Leads Growth

UK House Prices Up 4.7% in 2024: North Leads Growth

France Real Estate Loan Rates Drop Below 3%

France Real Estate Loan Rates Drop Below 3%

Banking News

ING Lowers Savings Account Rates Effective January 1

ING Lowers Savings Account Rates Effective January 1

Alpha Bank Divests 65% Stake in Skyline to P&E Investments

Alpha Bank Divests 65% Stake in Skyline to P&E Investments

Cash Still King: Euro Area Consumers Value Payment Choice

Cash Still King: Euro Area Consumers Value Payment Choice

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

Investing News

Investing

New $300M European investment fund from Lakestar targets defence across NATO allies

New $300M European investment fund from Lakestar targets defence across NATO allies

Swiss asset manager Partners Group raises $15bn+ for infrastructure investments

Swiss asset manager Partners Group raises $15bn+ for infrastructure investments

Hotel investment in Spain resists European slump, soars 37%

Hotel investment in Spain resists European slump, soars 37%

Hotel investment in Portugal climbs 82% to €512M amid Iberian recovery

Hotel investment in Portugal climbs 82% to €512M amid Iberian recovery

Wealth Management News

Wealth Management

Vontobel: Swiss investment and asset manager posts record H1 profit, +87%

Vontobel: Swiss investment and asset manager posts record H1 profit, +87%

Moneta Global Wealth Enters UK Market via Thomson Tyndall Partnership

Moneta Global Wealth Enters UK Market via Thomson Tyndall Partnership

Swiss asset manager Partners Group raises $15bn+ for infrastructure investments

Swiss asset manager Partners Group raises $15bn+ for infrastructure investments

French Private Bank Richelieu Targets €15B in Assets After Swiss Move

French Private Bank Richelieu Targets €15B in Assets After Swiss Move

Finance News

Finance

HSBC Surpasses Expectations with Robust Profit Growth, Increases Savings Target, and Announces $1 Billion Share Buyback

HSBC Surpasses Expectations with Robust Profit Growth, Increases Savings Target, and Announces $1 Billion Share Buyback

UK bank Castle Trust acquired by Sixth Street and Bayview with growth funding

UK bank Castle Trust acquired by Sixth Street and Bayview with growth funding

Paragon Bank trims UK buy to let mortgage rates by 0.15% — five-year fixes from 4.95%

Paragon Bank trims UK buy to let mortgage rates by 0.15% — five-year fixes from 4.95%

Bank of England holds UK interest rates at 3.75% in 6-3 vote — cuts not yet on the table

Bank of England holds UK interest rates at 3.75% in 6-3 vote — cuts not yet on the table

Asset Management News

Asset Management News

Vontobel: Swiss investment and asset manager posts record H1 profit, +87%

Vontobel: Swiss investment and asset manager posts record H1 profit, +87%

Swiss private banking: Julius Baer posts record H1 2026 profit, assets under management at all‑time high

Swiss private banking: Julius Baer posts record H1 2026 profit, assets under management at all‑time high

Swiss asset manager Partners Group raises $15bn+ for infrastructure investments

Swiss asset manager Partners Group raises $15bn+ for infrastructure investments

Spain‑based real asset investment management firm Azora commits €1.5bn to Italian real estate, opens Milan HQ

Spain‑based real asset investment management firm Azora commits €1.5bn to Italian real estate, opens Milan HQ

Real Estate Investing News

Real Estate Investing News

France’s furnished rental property investment boom: students and seniors drive returns

France’s furnished rental property investment boom: students and seniors drive returns

Selling French real estate investment shares? Notary or lawyer now mandatory

Selling French real estate investment shares? Notary or lawyer now mandatory

Spain’s Multifamily Real Estate Investment Set to Hit a Record €5 Billion in 2026, Says JLL

Spain’s Multifamily Real Estate Investment Set to Hit a Record €5 Billion in 2026, Says JLL

UK’s London Ultra Prime Property Sees 55% of Sales from US and Gulf

UK’s London Ultra Prime Property Sees 55% of Sales from US and Gulf

Banking Share News

Uncategorized

HSBC Surpasses Expectations with Robust Profit Growth, Increases Savings Target, and Announces $1 Billion Share Buyback

HSBC Surpasses Expectations with Robust Profit Growth, Increases Savings Target, and Announces $1 Billion Share Buyback

UBS Q2 beats expectations — this swiss bank share price jumps 3.5%

UBS Q2 beats expectations — this swiss bank share price jumps 3.5%

Europe Banking Shake-Up: Unicredit’s 30%+ Hold in Commerzbank and the End of Independence?

Europe Banking Shake-Up: Unicredit’s 30%+ Hold in Commerzbank and the End of Independence?

Credit Agricole Boosts Banco BPM Stake to 29.9%: Intensifying Competition and Reshaping Italian Banking

Credit Agricole Boosts Banco BPM Stake to 29.9%: Intensifying Competition and Reshaping Italian Banking