this post was submitted on 03 Aug 2023
34 points (97.2% liked)

World News

32288 readers
710 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] UniquesNotUseful@lemmy.world 2 points 1 year ago

Banking sector regulations require financial reserves that can be used to cover emergencies.

The EU revised the rules recently that meant banks could count the cost of its software as part of its cash reserves, increasing them by € billions each year.

You try and sell your copy of windows 10 and Norton anti virus to make ends meet.