05/13/2016

Europe's Banks Too Scared To Do Business With Iran

Some big companies have begun signing deals with Tehran since the U.S. and other global powers lifted long-running sanctions against the Middle Eastern country, but banks are very nervous after being burned in the past.

05/11/2016

Bank Pulls Plug On Mortgages For Expats

The banks will still offer foreign currency mortgages to UK residents who are working abroad and to service personnel, diplomats and other civil servants on overseas postings.

05/06/2016

Union details BNP's French job cuts in investment banking

The bank said in February it planned to save more than 1 billion euros by 2019 to boost profitability and help to mitigate the impact of rising regulatory and compliance costs in its corporate and institutional banking division.

05/05/2016

CMU to Focus on Asset Management

The CMU aims to accelerate funding for high-growth firms who are starved of alternative forms of finance in many parts of the EU, despite being responsible for one-third of job creation.