On Wednesday, the main banks in Europe, notably Deutsche Bank and Lloyds Banking Group, warned that the possibility of default was rising as the world
Category: Europe
ECB says Banks will provide weekly liquidity reports given rising interest rates and higher inflation.
The ECB supervision chief announced on Saturday that starting in September; the ECB will want weekly liquidity data from banks in order to conduct more
Italian workers shut down hundreds of local and international flights amidst train strikes at the peak of the tourism season.
Following an air transport union planned work stoppage two days after a train strike that crippled rail service, hundreds of flights across Italy were canceled
Swiss government blocked Saudi National Bank from acquiring a stake of 40% in Credit Suisse.
The Swiss regulator FINMA forbade Saudi National Bank from increasing its ownership in Credit Suisse from 9.88% to around 40%, according to a story in
Italy’s Eurovita bailout plan: 25 banks, 4 top insurers to provide $6.5b.
After months of negotiations to broker an agreement that also involves 25 banks, the top four insurers in Italy and Allianz of Germany have reached
The Dutch king apologizes for the “crime against humanity” on the 150th anniversary of the abolition of slavery.
At a ceremony to mark the anniversary of the abolition of slavery, Dutch King Willem-Alexander made a historic apology and begged for forgiveness. His speech
The Paris climate summit failed to endorse a $100b climate fund for developing countries.
The Paris Summit on Finance and Climate came up short of reaching an agreement to impose a charge on greenhouse gas emissions from international shipping.
KKR to buy PayPal’s buy-now, pay-later $44b loans in Europe, as red-hot inflation choked consumers.
PayPal said on Tuesday that private equity firm KKR has agreed to buy a sizeable amount of its buy now, pay later (BNPL) loans in
EU ravaged by cash-for-influence scandal, resorts to use of common ethics body.
Following the cash-for-influence crisis that rocked the 27-nation bloc last year, the executive arm of the European Union on Thursday suggested the establishment of an
France is at the forefront of Europe’s energy transition by launching 4 EV battery gigafactories.
It was an epiphany for French President Emmanuel Macron. The leader of Taiwan’s ProLogium pulled out a pair of scissors in a lavish ballroom at
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