Search Results for: European banks
Early Review: European stocks finished higher; Investors keep a close eye on news out of Turkey
August 21st, 2018
European stocks finished Monday’s session higher, as investors awaited the outcome of trade talks between the world’s two largest economies, due to take place later this week. The pan-European STOXX 600 was closed up 0.57 percent provisionally, with the ...
European stocks finish in the red; What are strategists saying?
August 14th, 2018
European stocks closed with losses Monday, as Turkey’s perilous financial condition weighed on sentiment. Bayer AG shares were another big drag, after a U.S. court ruling against the company’s Monsanto unit. What are markets doing? The Stoxx Europe 600 dropped ...
EU Authority fines five Banks for €2.48 million in total
July 24th, 2018
The European Securities and Markets Authority (ESMA) has fined Danske Bank, Nordea Bank, SEB, Svenska Handelsbanken and Swedbank €495,000 each and issued five public notices for negligently breaching the Credit Rating Agencies Regulation (CRAR). ESMA found that the five ...
Trump’s Whirlwind European Tour
July 18th, 2018
President Trump visited Britain on a much-anticipated visit. The political situation in Washington is very different from when Mrs May last visited. In Washington, President Trump appears to have successfully gained control of and tamed the Deep State, while ...
Europe’s banks and industrial stocks sink as trade dispute deepens
June 26th, 2018
The latest episode in a trade dispute between the United States and other major economies sent European shares further into a funk on Monday with benchmarks down 0.8 to 1.2 percent and autos, basic resources and tech stocks the ...
Strategic partnership between Worldline and SIX consolidating European payments
May 24th, 2018
Worldline’s $2.75 billion deal to buy the payments unit of Swiss exchange operator SIX Group, announced on Tuesday, could herald more consolidation in the industry, SIX’s chairman told Reuters. France’s Worldline beat competition from U.S. bidders to land the ...
Have you ever wonder if the European Central Bank makes a profit?
March 19th, 2018
When you think of the European Central Bank (ECB), do you think of a bank aiming to make a profit? It is certainly true that the ECB publish annual accounts, so the profits are there for all to see. But ...
European shares bounce back after turbulent week
February 12th, 2018
European shares rebounded from six-month lows on Monday as jitters over a sudden spike in volatility that wiped off $1 trillion in market capitalization last week appeared to ease. Broad-based gains helped the pan-European STOXX 600 index rise 1.5 ...
Europe Markets: Bank Rally Helps Lift European Stocks To Highest Finish In 3 Weeks
November 30th, 2017
European stocks closed at a nearly three-week high on Wednesday, boosted by a rally in the region’s bank shares a day after U.S. Federal Reserve Chairman-nominee Jerome Powell said he hopes to ease financial regulations. The U.K. stock market, ...
EU raids banks over attempts to block financial tech rivals
October 11th, 2017
You’d think that governments were waging a war against financial technology given reports of crackdowns and tighter regulation, but the opposite is true in Europe. EU officials have confirmed that they recently raided the offices of bank authorities in ...
