Search Results for: European Investment Bank
Barclays, HSBC, Royal Bank of Scotland ‘at risk of further penalties’
November 17th, 2015
Investigations into financial crisis conduct show ‘no signs of abating’, warns Moody’s Major banks have now set aside $219bn (£144bn) to pay fines and legal costs since the financial crisis. Ratings agency Moody’s, which calculated the vast provisions, ranked ...
Banks May Get Extra Time to Soften Up EU Financial-Market Rules
November 11th, 2015
European Commission considers postponing MiFID II start date Delay isn’t set in stone, European Parliament’s Ferber says Financial companies pushing back against Europe’s post-crisis market rule book for the past five years may get more time to chip away ...
Mario Draghi Interview: We must propose a way forward to Europeans
November 2nd, 2015
Interview with Il Sole 24 Ore Interview with Mario Draghi, President of the ECB, conducted by Alessandro Merli and Roberto Napoletano, published on 31 October 2015 President Draghi, in Malta last week, you stressed the downside risks for both ...
Deutsche Bank, Credit Suisse Set to Scale Back Global Ambitions
October 20th, 2015
Regulation, interest rates, economy curbing profitability U.S. firms are grabbing greater share of investment bank fees Europe’s last global banks are caving in to pressure from regulators and preparing to tell investors just how much their aspirations will shrink. ...
$50 Oil for 15 Years Isn’t What Scares Bank of Russia Governor
October 15th, 2015
Slow pace of economic overhaul is bigger worry for Nabiullina Russia remains hamstrung by corruption, weak institutions Fifteen years of oil at $50 a barrel isn’t the worst nightmare for Russian central bank Governor Elvira Nabiullina. “What worries me ...
Big Banks, Serious Trouble
October 12th, 2015
It turns out that the world of ZIRP/NIRP isn’t the banking paradise that some thought it would be. See Why The Big Banks Want Higher Interest Rates. Whether the problem is with low interest rates themselves or the fact ...
Deutsche Bank announces anticipated charges impacting third quarter 2015 results
October 8th, 2015
Deutsche Bank (XETRA: DBKGn.DE/NYSE: DB) expects to incur charges that will materially impact third quarter 2015 results: An impairment of all goodwill and certain intangibles in Corporate Banking & Securities (CB&S) and Private & Business Clients (PBC) of approximately ...
Wake Up to U.K. Exit Risks, Banks Tell Investors as Polls Shift
October 6th, 2015
Societe Generale sees risk of U.K. leaving EU as high as 45% Europe threatens to overshadow Conservative Party conference Investors are being urged to tune into the looming political battle over the U.K.’s membership of the European Union amid signs ...
Investment Plan for Europe goes global: China announces its contribution to #investEU
September 29th, 2015
At the High Level Economic and Trade Dialogue in Beijing today, China announced its intention to contribute to the Investment Plan, as well as closer cooperation with the EU on investment issues in general. Today during the High Level ...
Greek Banks Said to Face Recapitalization at Top of Range
September 24th, 2015
Auditors tell lenders they need to be more conservative Latest bailout package allocates 25 billion euros for banks Greek banks are being told by auditors some of their assets are overvalued, meaning they may have to raise close ...
