Reason Will Prevail And European Banks Still Look Reasonable

Investment banks have warned M&A teams in Britain they cannot pitch business to clients in the European Union if there is a no-deal Brexit without an EU "chaperone" sitting in on their meeting, sources familiar with the matter told Reuters......»»

European banks rallied on Friday after European Central Bank executive board member Benoit Coeure said a n.....»»

Three m.....»»

Royal Bank of Scotland is one of eight banks being probed by European authorities for its possible role in a euro bond trading cartel, Bloomberg reported on Thursday citing a source......»»

Two major international development banks, the European Bank for Reconstruction and Development and the International Finance Corporation, have formally complained to the Romanian government about proposed new banking sector taxes......»»

Banks were dragging European shares into the red on Wednesday after a flood of weak results revived worries over the sector. David Pollard reports......»»

First it was the Libor-rigging cartel, then the FX exchange-rate manipulation cartel, now, European regulators have moved on .....»»

We're gonna need a dovish-er Fed...   Bonds and bullion remain bid as the dollar skids but stocks rolled over dramatically, not helped by DowDupont and European banks......»»

Britain would have "fully functional" rules to remain a top global financial center even if it left the European Union without a Brexit deal, its lawmakers said on Tuesday......»»

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.....»»

UBS warned of a tough start to 2019, after reporting an outflow of funds from its flagship wealth management business at the end of last year, sending a shiver through the European banking sector......»»

The parade of weak bank earnings continued on Tuesday when UBS, one of the first major European banks to report, announced that it had missed analysts' profit estimates (though it did record a rise in full-year profits) due to outf.....»»

The European Commission said on Tuesday it had fined Mastercard 570.6 million euros ($648.3 million) for limiting the possibility for merchants to benefit from better conditions offered by banks elsewhere in the European Union......»»

The eurozone’s economic slowdown has taken European Central Bank officials by surprise, potentially disrupting their plans to lift short-term interest rates this year......»»

Concern over China's economic outlook and possible U.S. tariffs on European cars dragged stocks lower on Thursday, while an anti-climactic end to the latest chapter in the Brexit saga offered sterling a moment's peace......»»

Banks are already rolling out their 'No Deal' plans. The very possible scenario that the U.K. leaves the European Un.....»»

Throwing a monkey wrench in rumored plans to merge Germany's two biggest banks, Bloomberg reports that Germany's financial regulators would prefer for Deutsche Bank to merg.....»»

China's new stimulus hopes broug.....»»

JP Morgan lowered their Q1 annualized real GDP growth projection from 2.25% to 2.0% due to the ongoing partial government shutdown.  "The primary reason for the downward revision is the economic impact of the ongoing shutdown.....»»

European mobile banking unicorns, like the Thiel-backed N26, are heading Stateside. Regulation and competition from U.S. banks may well hobble them......»»