12/26/2016
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
“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.
12/23/2016
One of the bankers said he believed the German bank might allow exceptions for certain large low-risk clients.
12/22/2016
The removal of a personal pledge might lead to more-stringent terms.
12/21/2016
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
12/21/2016
Initially Parliamentarians had feared that if owned privately the Green Bank would expand beyond its remit.
12/20/2016
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
This fund would be boosted to €500 million a year thereafter.
12/20/2016
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.
12/19/2016
Russia back in black for good as global retail gains ground
12/19/2016
UniCredit was among the worst performing banks in stress tests carried out in July by the European Banking Authority
12/19/2016
A pullback from the reach for yield will see interest rates rise further globally, excluding Japan.
12/19/2016
This so-called ring-fencing will come into effect later this decade.
12/16/2016
Although a relatively simple transaction in technical terms, the stakes are high for Credit Suisse and for Illy.
12/16/2016
The bank has consistently paid bonuses and high salaries to reward success
12/15/2016
Bank closures map of the UK: More than 1,000 branches have closed in just two years – and HSBC has cut more than a quarter of its network
It follows the revelation at the weekend of an exclusive list of branches HSBC has closed this year by our sister paper the Mail on Sunday.
12/15/2016
Lloyd’s, which generates around 11pc of its revenues within Europe, has been a vocal supporter of remaining in the EU
12/14/2016
Emergency central bank funding to Greek banks drops by 1.3 bln eur in November
The European Central Bank lowered the cap on ELA liquidity Greek banks
12/14/2016
Financial sources yesterday ensured that, in the end, there has been consensus and the plan is no longer reversed.
12/13/2016
The Connecting Europe Broadband Fund will invest in broadband network infrastructure across underserved areas of Europe.