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The Future of U.K. Banking Rests on a Process Run by European Politicians 

The City of London is starting 2021 free of the European Union’s rules. But despite a trade deal being reached, its status as a global financial hub is under threat, resting on a separate process controlled by politicians and technocrats in Bru.....»»

Category: topSource: washpostDec 29th, 2020

Leading European neobanks" new app downloads have dropped since the coronavirus pandemic broke out

This story was delivered to Business Insider Intelligence Banking Briefin.....»»

Category: topSource: businessinsiderApr 30th, 2020

Managing Money for the Wealthy Really Pays Off

The Swiss banking giant UBS appears to be in a slightly less worrying position than some of its European peers......»»

Category: topSource: washpostApr 28th, 2020

European banks should halt 2020 dividends due to epidemic: trade body

Banks should halt 2020 dividend payments to preserve capital and keep lending to businesses and households until the impact of the coronavirus epidemic is clearer, the European Banking Federation (EBF) said......»»

Category: topSource: reutersMar 27th, 2020

Starling plans to launch in other European countries

This story was delivered to Business Insider Intelligence Banking.....»»

Category: topSource: businessinsiderMar 3rd, 2020

Kepler upgrades European banking sector to Neutral from Underweight

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 2nd, 2020

France"s BNP Paribas on prowl for further European expansion

BNP Paribas is looking for further opportunities to expand its investment banking franchise in Europe and fortify its lead over local rivals after last year taking over Deutsche Bank's electronic equity and prime broking operations......»»

Category: topSource: reutersFeb 5th, 2020

American Revolut-ion: European banking apps face crowded U.S. market

When London-based Revolut opens its virtual doors in America this year, it will be the latest European digital bank to challenge incumbent U.S. lending giants after forays by Monzo and N26, but the challenges it faces have not diminished......»»

Category: topSource: reutersFeb 5th, 2020

Women leaders are good for business, says EU bank watchdog

Two thirds of smaller banks typically have only men as executive directors, while lenders with men and women in top roles were likely to be more profitable, the European Union's banking watchdog said on Monday......»»

Category: topSource: reutersFeb 3rd, 2020

Europe Markets: European luxury stocks blasted over virus worries as UBS hit by lowered guidance

European stocks slumped on Tuesday as worries over a spreading virus in China as well as weak guidance from Swiss banking giant UBS weighed......»»

Category: topSource: marketwatchJan 21st, 2020

UBS boss Ermotti says too-small European banks must consolidate

UBS Group Chief Executive Sergio Ermotti on Wednesday said banking consolidation, especially in Europe, is unavoidable in coming years as institutions must achieve critical mass to remain competitive......»»

Category: topSource: reutersNov 13th, 2019

German Ministers Mutiny As Merkel Struggles To Preserve Ruling Coalition

German Ministers Mutiny As Merkel Struggles To Preserve Ruling Coalition Shortly after German Finance Minister Olaf Scholz released his plan to complete the European Banking Union via the Financial Times, several reports surfac.....»»

Category: blogSource: zerohedgeNov 7th, 2019

Europe Markets: European stocks set to pause on a winning streak, while Société Générale lifts the banking sector

European stock markets struggled to find a footing on Wednesday, following a string of gains, with plenty of earnings news for investors to take in......»»

Category: topSource: marketwatchNov 6th, 2019

EU readies stricter rules against money laundering: document

The European Union is getting ready to tighten rules against money laundering, an EU draft document shows, a year after previous reforms now deemed inadequate to tackle a series of banking scandals......»»

Category: topSource: reutersOct 25th, 2019

European Banking Federation to hold a summit

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 2nd, 2019

Post-ECB market rally fades as doubts emerge over stimulus impact

German bond yields and the euro rebounded on Thursday and European banking shares were whipsawed as doubts crept in about the effectiveness of the ECB's decision to cut interest rates and pledge an indefinite supply of asset purchases......»»

Category: topSource: reutersSep 12th, 2019

Global banks are cutting 30,000 jobs this year. It"s a sign the banking crisis is only getting worse.

Reuters Global investment banks have been suffering this year, with European banks being hit the hardest.  As a result, nearly 30,000 jobs have been cut or are set to be cut across the sector.  D.....»»

Category: topSource: businessinsiderAug 12th, 2019

Lunch Beers, Missing Bosses & Empty Desks: Deutsche Bank"s NYC Employees Are Giving Up

Even as he repeatedly insisted that Deutsche Bank's US investment-banking business is a critical part of the bank's identity and its long-term strategy for offering a European alternative to JP Morgan, Christian.....»»

Category: blogSource: zerohedgeJul 1st, 2019

European bank authorities want oversight over Facebook’s new cryptocurrency

Banking regulators in Europe say they want oversight over Libra, the new cryptocurrency from Facebook that could become the world’s first widely used digital currency, popular with hundreds of millions of people living in developing countries. .....»»

Category: topSource: bizjournalsJun 21st, 2019

How to Build a European Banking Champion

Crunch together three banks and you have a plausible rival to the giants of Wall Street......»»

Category: topSource: washpostJun 19th, 2019