Search Results for: EU
The European Banking Authority published Technical Standards for services linked to a payment account
May 8th, 2017
EBA publishes final draft Technical Standards under the Payment Accounts Directive to enhance transparency and comparison of payment account fees The European Banking Authority (EBA) published today its final draft Technical Standards setting out the standardised terminology for services ...
The European Commission proposes simpler and more efficient derivatives rules
May 7th, 2017
The European Commission is today proposing some targeted reforms to improve the functioning of the derivatives market in the EU. The reforms provide simpler and more proportionate rules for over-the-counter derivatives to reduce costs and regulatory burdens for market ...
Societe Generale reports net income of EUR 747 million for Q1 2017
May 6th, 2017
Net banking income for the businesses of EUR 6,518m (+4.0% vs. Q1 16) driven by the growth in International Retail Banking & Financial Services and Global Banking & Investor Solutions. Book net banking income of EUR 6,474m, up +4.8% ...
Euronext reports average daily transaction value up +21.7% compared to April 2016
May 6th, 2017
Euronext, the leading pan-European exchange in the Eurozone, today announced trading volumes for April 2017. The April 2017 average daily transaction value on the Euronext cash order book stood at €8,458 million up +21.7% compared to April 2016 and ...
European Energy Exchange acquires 100% ownership of US Nodal Exchange
May 5th, 2017
The European Energy Exchange (EEX), part of Deutsche Börse Group, and the owners of US-based Nodal Exchange Holdings, LLC have successfully closed the transaction under which EEX has acquired 100% of the equity in Nodal Exchange. All remaining regulatory ...
EU court backs airlines over bird strike claims worth £11m
May 5th, 2017
Lawyers pursuing claims for flight delays have suffered a rare court defeat in a judgment that could scupper thousands of potential claims. The Court of Justice of the European Union ruled today that a collision between an aircraft and ...
European markets get a lift from perceived Macron debate win
May 4th, 2017
European stocks got a lift Thursday after centrist French presidential candidate Emmanuel Macron was perceived to have gotten the better of the far-right’s Marine Le Pen in a debate and a survey showed economic growth in the 19-country eurozone ...
Scientists estimated that VW’s emissions cheating will lead to some 1,200 premature deaths in Europe
May 4th, 2017
Scientists are working on an assessment of the health impact of excess emissions from diesel cars in Europe in the wake of the Dieselgate scandal. The assessment is a follow-up to a study published last March, in which it ...
BofAML upgrade forecasts for British Pound v Euro and Dollar
May 3rd, 2017
Bank of America Merrill Lynch (BofAML) have told clients they are now confident enough on Pound Sterling to raise their forecast profile. Analysts had been expecting one final dip in the UK currency ahead of a more sustained recovery, ...
Interview with Eurex Clearing AG CEO, Eric Müller
May 3rd, 2017
“We work on delivering attractive and efficient solutions:” Interview with Eurex Clearing AG CEO, Eric Müller The IOMA conference brings together the leaders of the clearing and derivatives industry each year, to debate the themes impacting the sector. As ...
