
Goldman Sachs Upgrades Greek Banks’ Target Prices
The American-based multinational investment bank upgraded its target prices for the country’s systemic banks, suggesting a substantial margin of increase ranging between 9% and 23%.
The American-based multinational investment bank upgraded its target prices for the country’s systemic banks, suggesting a substantial margin of increase ranging between 9% and 23%.
Using a technique known as “Caller ID Spoofing,” fraudsters pose as bank employees and manipulate caller ID to display the legitimate phone number of a bank, tricking victims into believing the call is genuine.
The four systemic Greek banking groups achieved combined net profits of approximately 4.3 billion euros last year, primarily driven by their organic results.
Greek banks face a €100M budget impact as new measures slash fees for remittances, bill payments, and ATM use.