Search Results for: European Banks
European Central Bank comes down against Bitcoin
May 27th, 2014
Yves Mersch, a member of the executive board of the European Central Bank (ECB), speaking at the Bargeld-symposium of the Deutsche Bundesbank in Frankfurt, has come down firmly against Bitcoin. Whereas, this will probably not come as much of ...
Biggest banks to pay up to EUR 15m for ECB supervision
May 27th, 2014
The eurozone’s biggest banks will face an annual bill of up to 15 million euros ($20 million) apiece for being supervised by the European Central Bank, the ECB said on Tuesday. The ECB said in a statement that the ...
Dutch Regulator Says Banks Benefit More Than They Pay for
May 26th, 2014
Banks will draw benefits from the European Central Bank’s direct oversight that will outweigh the extra supervisory costs they face, according to the Dutch central bank’s chief supervisory official. “They said it’s a lot of money, but it’s worth ...
Wall Street’s Top Banks To Keep Lower Profile At Russian Investment Meeting Amid Growing Sanctions
April 30th, 2014
Wall Street’s top firms are walking an increasingly fine line between business as usual and growing political pressure to shun Russia for its annexation of Crimea and meddling in Ukraine, believing that their business ties are more important than ...
Spanish banks face tough rivalry in small companies bet
April 22nd, 2014
Across Spain, the message is hard to miss in office windows showcasing offers: banks want to lend to small companies again. After gorging on property lending in the run-up to a financial crisis, banks are looking to revive high-margin ...
The billion-dollar bash – how post-crisis investigation work is changing the way law firms advise banks
April 11th, 2014
With banks setting aside eye-watering sums of money to meet liabilities generated by the fallout from the financial crash, in-house legal departments and law firms are having to rethink their business models. Alex Newman reports By any standards, $23bn ...
European IPOs boom as bull market runs
March 20th, 2014
Europe is enjoying a boom in companies going public, driven by rising market confidence and pent-up demand for new shares after a five-year drought. Initial public offerings on exchanges in the U.K., the Netherlands, Denmark and Spain have raised ...
European leaders weigh additional sanctions against Russia
March 20th, 2014
European leaders on Thursday weighed additional sanctions against Russia, a day after Ukrainian troops were forced to abandon their bases in Crimea and prepared to evacuate the peninsula. German Chancellor Angela Merkel told her parliament that Europe would expand ...
European Central Bank: review mission to Greece
March 20th, 2014
Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) have concluded their review mission to Greece. The teams have reached staff-level agreement with the authorities on policies that could serve as the ...
The end of the LBMA is nigh
May 20th, 2021
Basel 3 is on course to regulate the LBMA out of existence. And with it will go all the associated arbitrage business and position-taking on Comex, because most bullion bank trading desks will cease to exist. The only ...
