European laggards are rebounding – how far can they go?

Key insight: Fintech entrepreneur Darragh Buckley has re-launched the community bank he bought last year under the name Increase Bank. Supporting data: The underlying bank’s asset size grew by 48% in the fiscal year after Buckley acquired it for his enterprise payments fintech. Expert quote: “The value [for Buckley] comes from obtaining the institutional status…

“We can see that it may be a bit harder for companies to market their products in the EU, but there is a period of normalisation once the rules are implemented, and I do believe there are more positives,” says Luis Dos Santos, the CEO of Trade Nation Portugal. The London-based broker has just secured…

Someone buying their second home can sometimes qualify as a first-time homebuyer. Someone who has never purchased a home can sometimes fail to qualify. That apparent contradiction is the result of Canada’s patchwork of first-time homebuyer programs, each with its own eligibility rules. Depending on the program, what matters may be whether you owned a…

The second iteration of the opportunity zone program, which offers tax breaks for developments in certain census tracts, will be set in stone by the end of the year. Governors are now preparing to submit their proposed maps for which cities, towns and neighborhoods will benefit from the program to the Treasury Department by a Sept. 28…

Cornwall is one of the poorest corners of northern Europe. Its output per head has sat at roughly two-thirds to three-quarters of the UK average for two decades. A typical full-time worker there earns around 84% of the national wage. For 25 years the gap was cushioned by Europe. Cornwall and the Isles of Scilly…

Statistical Notices update the definitions and guidance contained in the Banking Statistics Yellow Folder