Search Results for: EU
Barclays opens Europe’s largest fintech site in London
May 3rd, 2017
Barclays has opened its new open innovation site, Rise London, in Shoreditch – hailed as Europe’s “largest co-working space dedicated to fintech”. Rise will be a place for start-ups, corporate clients and others to co-create new products, services and ...
Unemployment rates in the EU regions ranged from 2.1% to 31.3%
May 2nd, 2017
More than 80% of the NUTS 2 regions of the European Union (EU) saw their unemployment rate fall in 2016 compared with 2015, and around 60% recorded a decrease of at least 0.5 percentage points. However, regional unemployment rates ...
VC investments in financial services startup shifts in Europe
April 28th, 2017
Venture capital investments in financial services startups are showing a geographical split, with funding for so-called “fintech” companies in the United States cooling but soaring in Europe, according to a new report out Wednesday. Years of hype that led ...
European Central Bank decided interest rates to remain unchanged
April 28th, 2017
On its meeting dated April 27, 2017, the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged ...
European Commission to set paternity leave rules
April 27th, 2017
Commission readies new parental leave rules to replace axed maternity bill Two years after the European Commission scrapped its own proposal for new EU maternity leave rules, the EU executive is getting ready to replace it with new measures, ...
EUR 230 million worth of fake food and beverages seized in global operation; case by country
April 27th, 2017
Operation OPSON VI, the joint Europol-INTERPOL operation targeting counterfeit and substandard food and drink, as well as the organised crime networks behind this illicit trade, has resulted in the seizure of 9 800 tonnes, over 26.4 million litres, and ...
AIB Bank fined millions euro for breach anti-money laundering compliance rules
April 27th, 2017
The Central Bank of Ireland (the ‘Central Bank’) fined Allied Irish Banks, p.l.c. (‘AIB’) €2,275,000 and reprimanded it for six breaches of the Criminal Justice (Money Laundering & Terrorist Financing) Act, 2010 (the ‘CJA 2010’). All six breaches have ...
Deutsche Bank: 4,000 jobs at risk of being moved out of UK after Brexit
April 27th, 2017
Bank says 2,000 front office people could be moved, with another 2,000 posts to be reviewed depending on new regulations Bank says 2,000 front office people could be moved, with another 2,000 posts to be reviewed depending on new ...
European Central Bank: Conditions support loan growth
April 26th, 2017
The European Central Bank (ECB) has issued a press release to make publish the results of the April 2017 euro area bank lending survey. Increasing demand and eased lending conditions have been supporting loan growth The ECB’s APP has ...
Euronext to launch new fund service in Paris
April 26th, 2017
AXA IM, COMMERZBANK, ECOFI INVESTISSEMENTS, LA FRANÇAISE INVESTMENT SOLUTIONS, NATIXIS AM and OFI AM funds admitted Innovative model to facilitate investment in funds Service to open on 15 May 2017 Euronext today announced the launch of Euronext Fund Service ...
