Equity

Deutsche Bank has decided to close or merge into "the most significant places, larger and more powerful", by 2017, 188 of 723 branches in Germany.

Moreover, the institute has announced plans to increase banking services via the internet, investing, by 2020, 750 million euro in digital offerings. The plan does not come as a bolt from the blue: in June, the bank announced to cut 3,000 jobs in Germany, of which 2,500 in the commercial and private client division.

Italy’s recovery continues, but more than expected, due to the outcome of the referendum on Brexit that slows the growth of the country, with the GDP will record a lower growth to 1% in 2016 and equal to 1% in 2017.
The IMF cuts economic forecasts for Italy, which asks for action on the front of the banks with their 360 billion euro of non-performing loans in the financial statements impede investment and growth.

Theresa May, 59-year-old, is in fact the new prime minister of the UK, although the task will be delivered only in October when David Cameron will step down formally in the hands of Queen Elizabeth.

Within a few months as well, the British island will have its second female Prime Minister and once again the conservative extraction, after ten years of Margaret Thatcher.

Swiss International Air Lines has announced its first Bombardier CS100 Zurich Airport and baptized with the name "Canton of Zurich". The aircraft sets new standards in terms of comfort, economy and environmental sustainability. Among other things, the Swiss company is the first the world to use this new concept airplane. The first commercial flight will be performed on July 15, from Zurich to Paris Charles de Gaulle.

French food group Danone announced the purchase of The WhiteWave, US companies, specializing in the production of bio-based products and vegetable milk. The transaction values in the $ 12.5 billion that the American company has in its portfolio brands such as Silk, So Delicious, Alpro and Vega.
The agreement provides that the Us Group shareholders will receive $ 56.25 for each share their cash. It is a premium of 19% over the closing price on Wednesday. Danone thus doubling its size in the United States, increasing its presence from 12% now to 22%.

Customers of Credit Suisse will soon be able to operate at the ATM through his own smartphone. Cash transactions, such as deposits and withdrawals, may be made without using the card and the starting date is set for next Tuesday. It is the first bank in Switzerland to offer this possibility.

According to a press release today, about 330 ATM of Credit Suisse and its subsidiary, Neue Aargauer Bank, have been equipped with the technology to "Cardless Loyalty Cash", the new feature in the app institute called Private Banking Switzerland

The Bank of England will probably wait until August before working to appease the effects of the British decision to leave the European Union and the pound will suffer again in a decisive manner.

They are the results of two surveys conducted by Reuters after the central bank governor Mark Carney spoke to a real risk of a slowdown for the UK economy as a result of the earthquake and Brexit urged banks to continue giving credit .

Switzerland is among the seven countries that emerge as the flagship reality of the fourth industrial revolution, which sees in the foreground as information and communication technologies (ICT). It says a report by the World Economic Forum (WEF).

The 2016 edition of The Global Information Technology Report puts thr Helvetic country – along with Sweden, Israel, Singapore, the Netherlands and the United States – a world leader in generating economic impact of investments in ICT.
Among emerging markets, Russia remains stable at 41 th place, China, advancing three positions, is located at 59 th place; leap forward for South Africa passing to 65th place while India recedes, surprisingly, at the 91 th place.