Advertisements



UBS boss Ermotti says too-small European banks must consolidate

UBS Group Chief Executive Sergio Ermotti on Wednesday said banking consolidation, especially in Europe, is unavoidable in coming years as institutions must achieve critical mass to remain competitive......»»

Category: topSource: reutersNov 13th, 2019

UBS boss Ermotti fears Europe"s banks "too small to survive"

UBS Group Chief Executive Sergio Ermotti on Wednesday said banking consolidation, especially in Europe, is unavoidable in coming years as institutions must achieve critical mass to remain competitive......»»

Category: topSource: reutersNov 13th, 2019

ECB"s tiered rate is cold comfort for euro zone banks

The European Central Bank is giving euro zone banks a small reprieve from a penalty charge on their idle cash but this is likely to prove too little, too late for a sector hurt by years of low interest rates......»»

Category: topSource: reutersSep 12th, 2019

Italy government delays, amends reform of small lenders

Italy's government agreed on Tuesday to delay a reform of small banks, slowing an overhaul planned by the former center-left government and backed by the European Central Bank......»»

Category: topSource: reutersJul 24th, 2018

Small steps from stocks after rally, giant leap for yuan

Soothing words from the world's top central banks helped stocks consolidate a strong start to 2019 on Friday, while China's yuan capped its best week since it shed its dollar peg in 2005......»»

Category: topSource: reutersJan 11th, 2019

"Floodgates Are Open" - German Banks Start Charging Retail Savers

"Floodgates Are Open" - German Banks Start Charging Retail Savers It has been over 7 years since the European Central Bank's key depos.....»»

Category: blogSource: zerohedge21 hr. 36 min. ago

Orange CEO says EU authorities are open to pan-European telecoms mergers

The European Union's top antitrust policymaker, Margrethe Vestager, is open to the idea of pan-European mergers in the telecoms market, Orange's boss Stéphane Richard said on Wednesday......»»

Category: topSource: reutersDec 4th, 2019

European Central Banks Are Slowly Preparing For Plan B: Gold

European Central Banks Are Slowly Preparing For Plan B: Gold.....»»

Category: blogSource: zerohedgeNov 27th, 2019

European Banks Await Their First Lagarde Moment

European Banks Await Their First Lagarde Moment Authored by Mich.....»»

Category: blogSource: zerohedgeNov 22nd, 2019

Europe Markets: European stocks push higher, bolstered by optimism over a U.S.-China trade deal

European stocks are climbing on Tuesday, bolstered by gains for banks and mining stocks.....»»

Category: topSource: marketwatchNov 19th, 2019

EU heavyweight states push for joint supervisor against money laundering

The European Union's largest states are pushing for the establishment of a new supervisory authority that would take over from states the oversight of money laundering at financial firms, after a series of scandals at the bloc's banks......»»

Category: topSource: reutersNov 9th, 2019

Time To Seize The European Small-Cap Equity Opportunity

Time To Seize The European Small-Cap Equity Opportunity.....»»

Category: topSource: seekingalphaNov 8th, 2019

European Commission Warns Of Dire Future Unless Germany Issues Much More Debt

European Commission Warns Of Dire Future Unless Germany Issues Much More Debt One day after the IMF, whose former boss is now head of the ECB, warned Europe to "prep.....»»

Category: blogSource: zerohedgeNov 7th, 2019

Europe"s banks must brace for coming digital storm: ECB"s Schnabel

Low profitability at European banks just when they need to invest to stay competitive in the digital era risks triggering a vicious circle of underinvestment and further poor performance, said Germany's nominee to the board of the European Central Bank......»»

Category: topSource: reutersNov 6th, 2019

Euro Weakness Expected As European Banks Continue To Suffer

Euro Weakness Expected As European Banks Continue To Suffer.....»»

Category: topSource: seekingalphaNov 5th, 2019

Equity trading to only get bloodier in Europe after Macquarie exit

Macquarie Group's sudden exit from European and U.S. equity trading may just be the start of a large-scale retreat from the once-thriving business, as all but the biggest global banks struggle to make it pay......»»

Category: topSource: reutersNov 4th, 2019

How ECB Hopes ‘Tiering’ Eases Pain of Negative Rates

In September, the European Central Bank has doubled down on its negative interest rates, a policy meant to stimulate the economy by charging banks billions of euros for money they’re not lending out. At the same time, it added a new measure, call.....»»

Category: topSource: washpostOct 31st, 2019

Europe Markets: Peugeot and Fiat Chrysler soar in otherwise lackluster European markets

European stock markets traded slightly lower as investors awaited a decision from the Federal Reserve on interest rates, but several sectors were on the move, owing to M&A reports in the auto sector and earnings for banks.....»»

Category: topSource: marketwatchOct 30th, 2019

Small U.S. oil and gas companies get cold shoulder from large banks

The largest bank.....»»

Category: topSource: reutersOct 28th, 2019

Small oil-and-gas companies get cold shoulder from large banks

The largest.....»»

Category: topSource: reutersOct 28th, 2019

Earnings lift stocks, sterling dips as more Brexit news to come

Stocks on world markets eked out small gains on Tuesday after some upbeat corporate results and talk of progress in China-U.S. trade talks, while sterling weakened as investors awaited further news on Britain's eventual exit from the European Union......»»

Category: topSource: reutersOct 22nd, 2019