Banks drag European shares lower; focus on key central bank decisions
European shares reversed early gains on Thursday, hurt by losses in banks, while investors turned to a series of interest ...
Europe’s ESG Risk Rules Too Complex for Small Banks, Kukies Says
European Union guidelines for how banks should deal with environmental risks are too cumbersome for small lenders, according to German Finance Minister Joerg Kukies.
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Hellenic Bank merger with Eurobank enters final phase
Hellenic Bank is advancing on two major integration fronts, preparing for a dual merger process that will consolidate both its banking and insurance operations. The bank’s banking sector is set to ...
European Central Bank May Need Fresh Cuts as Trade Turmoil Burdens Growth, Rehn Says
Trade uncertainty is weighing on the European economy and any boost from investment in defense won’t come until later, the governor of the Finnish central bank said.
Growing Wall Street Threat Spurs EU to Speed Up Banking Review
The European Commission has vowed to speed up a planned review of the competitiveness of the bloc’s banks after the region’s ...
Euro Zone Banks Must Get Into the Habit of Tapping ECB for Cash, ECB Argues
FRANKFURT (Reuters) - Excess liquidity in the euro zone banking system will decline over the coming years and commercial ...
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EIB: Council grants the bank greater flexibility to manage its investment capacity
The Council of the European Union approved a decision providing the European Investment Bank (EIB) with enhanced flexibility in managing its investment capacity. A modification to the bank’s statute ...
UniCredit Secures ECB's Approval for Commerzbank Stake
ECB approval was expected given UniCredit's financial strength and a supervisory stance which is supportive of consolidation ...