ECB’s Lagarde supports bank mergers as UniCredit-Commerzbank talks intensify
The ECB has indicated its support for UniCredit’s potential full takeover of Commerzbank, as cross-border banking mergers ...
Business Recorder2h
European shares end lower as automakers weigh
European auto stocks were at the helm of losses, down 4% with Milan-listed shares of Stellantis NV sliding 14.7% after Europe ...
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Weak European stock markets, Milan the worst due to Stellantis’ collapse: banks are also bad
China effect over? It seems so, given that the European stock markets all start with a minus sign today. Frankfurt marks a -0 ...
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Central Banks Shock Investors
This month, central banks surprised investors with a series of policy changes aimed at easing their previously restrictive ...
ECB's Lagarde More Confident On Inflation Decline
European Central Bank president Christine Lagarde said Monday that recent developments had confirmed her belief that inflation would soon return to the bank's two-percent target.
ECB Chief Backs Bank Mergers Amid UniCredit, Commerzbank Talk
ECB chief Christine Lagarde said Monday that cross-border banking mergers in Europe were "desirable" to boost their ...
European shares end lower as automakers weigh, though clocks quarterly gains
Europe's STOXX 600 closed lower on Monday with automakers leading declines after industry majors Stellantis and Volkswagen's ...
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ECB Rate Cut Likely as Euro Zone Bonds React to Falling Inflation
Euro zone bond yields dipped on Monday following signs of slowing inflation in Germany and Italy. ECB President Christine ...
Eurozone economy is facing ‘headwinds,’ European Central Bank’s Lagarde says
The European economy is facing headwinds amid subdued activity in the region’s manufacturing base, ECB President Christine ...
German Inflation Falls Further Below ECB Target, Raising Chance of October Rate Cut -- 2nd Update
German inflation declined further below the European Central Bank's 2% target in September, further raising the chance of a consecutive interest-rate cut at the bank's next meeting in October.
ECB's Lagarde praises bank mergers as UniCredit courts Commerzbank
Mergers between European banks are "desirable" if they help them compete with their U.S. and Chinese rivals, European Central ...
Europe needs bigger banks to compete with U.S., Chinese rivals: Lagarde
Europe needs bigger and stronger banks that can compete with their U.S. and Chinese rivals, European Central Bank President ...