Analysts at Citi – the world’s largest foreign exchange dealer – have confirmed to clients they are bearish on the Pound-Dollar exchange rate. In a communication released on Tuesday ... Read More
The U.S. Justice Department on Tuesday brought charges against three former traders at JPMorgan Chase & Co, Citigroup Inc and Barclays Plc arising from a global probe into the ... Read More
The European Central Bank (ECB) has published a Keynote speech by Yves Mersch, Member of the Executive Board of the ECB, at the French Payments Committee conference on “Technological ... Read More
Economic activity in Eurozone industry in December expanded at the fastest pace since the currency union’s debt crisis started to hit, according to a closely watched indicator. The Eurozone ... Read More
German consumer rights champion myRight filed the first legal test case against Volkswagen in Germany on Tuesday (3 January), raising pressure on the carmaker to compensate customers in Europe ... Read More
The economic outlook for this year looks similar to 2016 – uneven and unspectacular, according to economists worldwide polled by Reuters in December. The result is despite investor optimism ... Read More
Euronext has made an irrevocable all-cash offer to LCH.Clearnet Group Limited (“LCH.Clearnet Group”) and London Stock Exchange Group plc (“LSEG”) to acquire LCH.Clearnet SA (“Clearnet”), in relation to which ... Read More
European bourses started the last trading day of 2016 slightly in the red. The pan-European Euro Stoxx 600 was 0.06 percent lower with the major bourses trading in the red. ... Read More
Move follows establishment of carmaker’s Moia mobility brand Deal adds to purchase of Sunhill Technologies last year Volkswagen AG bought North American parking-payment operator PayByPhone in the latest move ... Read More
Italy’s government has set up a backstop fund to shore up troubled banks, setting the stage for the rescue of troubled Italian lender Banca Monte dei Paschi di Siena ... Read More
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