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Atlantic Bank of NY: Serving Greek Americans for Almost a Century
The Atlantic Bank of New York with almost a hundred years of service to the Greek-American community continues to grow and help its customers...
Piraeus Bank Among Europe’s Climate Leaders for 2022
Piraeus Bank is among the top 400 Climate Leader companies in Europe for the second consecutive year, according to the Financial Times.
Piraeus Bank is...
Central Bank of Greece Slashes Growth Projection to 3.8% This Year
The central bank of Greece cut its projection for growth in 2022 to 3.8% from a previous projection of 4.8% it announced on Thursday.
The...
Russian Embassy in Greece Says Bank Accounts of Citizens Frozen
The Russian Embassy in Greece said Wednesday it was “concerned” about reports it had received from Russian citizens in the country who said that...
Huge Cyberattack Underway in Ukraine; State Banks Hit
A huge cyberattack is underway in Ukraine on Wednesday afternoon as officials say that its national banks and state-sponsored websites are being hit.
The Foreign...
Elon Musk Warns SpaceX Employees of Bankruptcy in Frantic Email
SpaceX CEO Elon Musk sent his employees an alarming email over the Thanksgiving weekend. The message warned them that the company's very existence was...
Piraeus Bank Presents Healthy Outlook as it Cuts Exposure to Bad Loans
Piraeus Bank, one of Greece's four biggest lenders, reported a significant drop in its exposure of bad loans on Friday.
“Our NPE (non-performing exposures) reduction...
Banksy’s Self-Shredding Artwork Sells for $25.4 Million
Famed anonymous street artist Banksy has sold a self-destructing artwork for $25.4 million on Thursday. The piece is well known for shredding itself into...
Bitcoin Could Bring Another Financial Crisis, Bank of England Warns
A senior deputy at the Bank of England cautioned on Wednesday that the cryptocurrency Bitcoin could lead to another financial crisis.
Deputy governor Sir Jon...
Moody’s Upgrades the Four Largest Greek Banks
The credit agency Moody's upgraded on Monday the long-term deposit ratings of the four biggest Greek banks, and said that the outlook for all...