Search Results for: EU
CFTC Orders Deutsche Bank AG to Pay a $2.5 Million Civil Monetary Penalty
October 2nd, 2015
CFTC Orders Deutsche Bank AG to Pay a $2.5 Million Civil Monetary Penalty for Swaps Reporting Violations and Related Supervision Failures CFTC Finds that Deutsche Bank Did Not Diligently Address and Correct Errors until after Bank Was Notified of ...
Greece: Recap is key to next disbursements – Eurogroup meeting
October 2nd, 2015
Greece: Banking reforms that are necessary for the sector’s recapitalization are key to the disbursement of the first couple of bailout subtranches, say sources in Brussels, as the Euro Working Group is set to convene on Friday to draft ...
ECB: Results of the Euro Money Market Survey 2015
September 30th, 2015
Overall money market turnover in the second quarter of 2015 fell to the level of the same quarter of 2012, with a year-on-year decline of 12% to €69 trillion (compared with a revised 7% year-on-year rise in the second ...
Euro area annual inflation down to -0.1%
September 30th, 2015
Euro area annual inflation is expected to be -0.1% in September 2015, down from 0.1% in August 2015, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro ...
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 ...
Gazprom Responds to EU Charges of Hindering Competition, Unfair Pricing
September 29th, 2015
Russian energy firm proposed a settlement with regulators last week OAO Gazprom on Monday sent its response to European Union charges that the Russian energy firm hindered competition and charged unfair prices in Eastern Europe, arguing the case was ...
Document Reveals How Deutsche Bank Fires Traders With a ‘Thank You’
September 28th, 2015
E-mails show discussions on firing traders amid Libor scandal Internal script disclosed in filing to German regulators Deutsche Bank AG traders should be wary of calls that start with a thank you. “Thank you for making yourself available ...
Czech Republic Says EU Action Needed On VAT Gap
September 24th, 2015
The Czech Finance Minister and First Deputy Prime Minister, Andrej Babis, has urged the European Commission to consider VAT reform in response to poor collection rates. A report recently published by the Commission showed that EU countries lost EUR168bn ...
European stocks rise despite China fears, Volkswagen up 4%
September 23rd, 2015
European stocks were trading higher on Wednesday in what has been a choppy morning of trade amid renewed fears over the health of the Chinese economy and continued fallout from the Volkswagen emissions scandal. The pan-European STOXX 600 was up was ...
Juncker Criticizes ‘Unjust’ EU Rules on Corporate Taxation
September 21st, 2015
Jean Claude Juncker has told Members of the European Parliament (MEPs) that the current rules on corporate taxation are “unfit for purpose and unjust.” The President of the European Commission made the remark during a joint meeting of the ...
