01/02/2017

Deutsche Bank chairman rules out European merger

Deutsche, which is trying to simplify its operations to make it more efficient, would keep its investment banking operations and ensure they complied with political and regulatory rules.

12/28/2016

Italy Announces Inevitable Bank Bailout

Rigid euro zone banking rules have prevented a wider bailout of the region’s banking system, which is saddled with 356 billion euros of bad loans.

12/26/2016

How JPMorgan could not save Italy’s problem bank

The bank had instead pinned its fate on JPMorgan's plan to clear out 28 billion euros ($29 billion) in bad debts and raise 5 billion euros in equity - one that ended in failure in the early hours of Friday when the Tuscan lender said it could not fin

12/26/2016

Dozens of UK banks start applications for Irish licences

“We see the whole gamut of firms inquiring for establishing or growing in Ireland, it is MIFID (markets in financial instruments directive) firms, insurance companies, CSDs (central securities depositories), payments institutions.” he added.

12/21/2016

France's BNP Paribas builds up its M&A team in Britain

BNP and its French national rival Societe Generale have said that having overhauled their balance sheets years ago, they are now winning market share in corporate and investment banking despite a regulatory squeeze that is pushing other parties to scale b

12/20/2016

EIB to channel 1 bln to local banks

The head of the EIB, Werner Hoyer, and European Commissioner for Regional Policy Corina Cretu are expected in Athens on Thursday to mark the announcement.

12/20/2016

Cyprus admitted to ICMA

CIFA’s accession to the ICMA follows a number of recent measures that have enhanced the legislative and regulatory framework governing the Cyprus funds industry.