A €2 billion ($2.3 billion) capital infusion into Hungary’s Magyar Fejlesztesi Bank was approved by the European Commission on Monday. This comes as Hungary pledges
Category: Europe
ECB rejects industry demands for reduced bank capital levels, citing concerns over lending and safety.
On Thursday, the European Central Bank resisted industry demands for reduced bank capital requirements, claiming that the current rules are necessary for safety and do
Simpler rules for European banks could boost lending by more than €2 trillion, the industry says.
Alejandra Kindelan, the director of the Spanish banking group AEB, stated on Friday that if authorities simplified regulations while preserving financial resilience, Europe’s banking industry
European banks seek simpler regulatory framework as investment gap reaches $1.62 trillion.
The European Banking Federation stated on Tuesday that Europe confronts a growing €1.4 trillion ($1.62 trillion) yearly investment deficit that could impede its economic goals,
Banco BPM-MPS $58 billion merger deal to form Italy’s second-biggest bank.
Italy’s Banco BPM, announced on Sunday that it will invite Banca Monte dei Paschi di Siena, to talk about a possible merger that would make
EBRD strikes the first major risk transfer agreement worth one billion euros.
The European Bank for Reconstruction and Development has carried out its first significant risk transfer deal, the EBRD said on Thursday, looking to scale up
Bulgaria becomes the 21st country to join the euro, strengthening ties with the EU despite concerns.
Bulgaria advances its integration into the European Union on New Year’s Day by becoming the 21st nation to join the euro currency union. However, the
The EU approves new regulations to prevent online fraud.
The European Parliament announced on Thursday that it and EU member states have reached an agreement on new regulations that would compel banks and other
The ECB is set to launch a digital euro pilot to safeguard Europe’s economic sovereignty.
The European Central Bank stated on Thursday that if it can get lawmakers’ timely approval for a project it believes is essential to the financial
The emergence of European megabanks frustrated by golden powers—the EU finance cop.
When questioned on Friday over German opposition to UniCredit’s plans to acquire Commerzbank, the EU Commissioner for Financial Services bemoaned barriers to the establishment of
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