Global Banking Directory
Press Release Distribution Service
Add Bank | Banking Forum | Scam emails!
Advertise Your Business Here
BanksDaily Twitter BanksDaily FaceBook BanksDaily LinkedIn

Financial and Banking News

Half of European banks robberies happen in Italy

Just as robbing banks loses its appeal among Europe's criminal classes, Italy's small-time crooks have proved the exception by attempting just over 3.000 robberies last year, 57 percent of the European total.

New figures released by the Italian banking union FIBA showed Lombardy in northern Italy was a favourite haunt of masked bandits, with 640 successful robberies compared to 274 in Sicily.

Nationwide, bank clerks now face a one in 10 chance of being held up every year, FIBA wrote in its staff magazine. Overall, European robberies dropped from 5,685 in 2005 to around 5,400 last year, with the UK suffering just 122 hold-ups in 2005, of which only 30 were successful.

"These are not the tunnel-digging professional gangs of the 1970s but a growing number of small-time crooks robbing small branches, usually armed with knives not guns", said FIBA spokeswoman Angela Cappuccini.

As robberies grow, the average haul from successful raids has dropped to around €20,000 (£14,000), the Italian government reported, compared to an equivalent average take of €43,796 in the UK and €83,333 in the Netherlands.

Italy's numbers have followed the growth in bank branches, up 1,800 since 2004 to reach more than 32,000, representing 784 retail banks. A prisoner amnesty last year which freed thousands of criminals also appears to have helped push heists up a further 26.3 percent in the first half of 2007.

One Ferrara bank clerk, Stefano Bellettati, told La Repubblica that after being robbed nine times in 11 years, one heist stood out. "Four robbers with wigs and masks came in speaking English, French and Spanish among themselves to avoid identification and fled on bicycles".

Source: The Guardian
Date: 17.10.2007 [116]

Financial and Banking News
 Banks may need political help to survive Big Tech

First there was the financial crisis of 2008. Then years of negative interest rates. Now, banks face what one financial regulator calls the "real game changer." 09.12.2019 | Source: Bloomberg

 Trump blasts Bitcoin, Libra, demands they face banking regulations

U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to U.S. and global regulations if they wanted to "become a bank." 11.07.2019 | Source: Reuters

 25th World Islamic Banking Conference announces 4th series of WIBC Leaderboard

Top performing Islamic Financial Institutions from Bahrain, Egypt, Indonesia, Jordan, Kuwait, Malaysia, Oman, Pakistan, Turkey, UAE and Saudi Arabia are vying for the WIBC Awards recognizing the Best Performing Banks at the Global and Regional level. 28.10.2018 | Source: MEGA

 Financial technologies are need of the hour for Banks in India

The Indian FinTech space is expected to reach $2.4 billion by 2020 and 2018 will be a critical year in that journey because 52 % of India's digitally active consumers are adopting FinTech and are the driving force for new technology adoptions. 02.03.2018 | Source: Explore Exhibitions and Conference

 International Banking Exhibition and Conference will be held in Baku

"Digital Banking and Security" titled International Banking Exhibition & Conference will be held in Baku on 17-18 of April, 2018 by FA International Trade Events. 07.02.2018 | Source: FA International Trade Events

 📰 News Archive

2007-2020 © | Rus