Search Results for: EU
January 1, 2016: The New Bank Bail-In System Goes Into Effect In Europe
December 30th, 2015
If you have a bank account anywhere in Europe, you need to read this article. On January 1st, 2016, a new bail-in system will go into effect for all European banks. This new system is based on the Cyprus ...
Deutsche Börse reflects on a positive year for IPOs
December 29th, 2015
Twenty-four new companies on the Frankfurt Stock Exchange in 2015/Issue volume reached of around €7 billion Deutsche Börse Cash Market: Deutsche Börse reports that 2015 has been a positive year for IPOs on the Frankfurt Stock Exchange. 24 new companies ...
Deutsche Bank to sell its stake in a Chinese Bank for Billions
December 29th, 2015
Deutsche Bank announced today that it has agreed to sell its entire 19.99% stake in Hua Xia Bank to PICC Property and Casualty Company Limited for a consideration of RMB 23.0 to 25.7bn subject to final price adjustment at ...
Credit Suisse, Barclays and Deutsche Bank under new management
December 28th, 2015
In 2015, new bank chief executives have been rather like buses. You wait ages while anger mounts over regulation of the service, then three turn up at once. In the space of seven months in 2015, a trio of ...
The Cashless Society Cometh: European Nations Such As Sweden And Denmark Are ‘Eradicating Cash’
December 28th, 2015
Did you know that 95 percent of all retail sales in Sweden are cashless? And did you know that the government of Denmark has a stated goal of “eradicating cash” by the year 2030? All over the world, we ...
European stock markets lifted by rising mining shares
December 23rd, 2015
Shares up in last full session before Christmas break Mining stocks dominate list of top performers 2015 EU stock market performance reut.rs/1ZnkfVX European shares rose on Wednesday, lifted by gains in the mining sector on the back of stronger ...
Deutsche Bank Tally of Suspect Russia Trades Said at $10 Billion
December 22nd, 2015
Beyond mirror trades, $4 billion in transactions were flagged Regulators said to have received review results in September Deutsche Bank AG has identified as much as $4 billion in suspicious transactions related to its Russian operations, in addition to ...
Thomson Reuters introduce FX Monitor in Eikon Messenger
December 21st, 2015
Move gives corporate treasurers greater control by simplifying access to financial services community alongside exclusive news and analysis from Thomson Reuters Keeping in touch with the rapidly changing and time-sensitive foreign exchange markets can pose significant challenges for corporate ...
EU And US Financial Regulators Appear To Soften Stances On Long-Standing Dispute
December 21st, 2015
The dispute between American and European regulators centered on margin requirements for clearinghouses could be resolved soon. A long-running spat between U.S. and European financial regulators may soon come to a close. In an interview with the Financial Times ...
2015 was a year from hell for the European Union. The 2016 Could be worse with a Brexit
December 21st, 2015
By any measure, it has been a year from hell for the European Union. And if Britons vote to leave the bloc, next year could be worse. Not since 1989, the year the Berlin Wall fell and communism crumbled ...