Reason Will Prevail And European Banks Still Look Reasonable
Reason Will Prevail And European Banks Still Look Reasonable.....»»
US Banks Feel the Heat as Barclays Sets Ambitious Green Agenda
By David Callaway, Callaway Climate Insights Largest European energy financier commits to being net zero by 2050 and aligning investments with Paris accord. SAN FRANCISCO (Callaway Climate Insights)........»»
Don"t Worry European Automotive Industry – The Government And Banks Have Got Your Back
European automakers have shut down their factories due to the COVID-19 outbreak. read more.....»»
European Banks Suspend Dividends; Banker Bonuses Are Next
European Banks Suspend Dividends; Banker Bonuses Are Ne.....»»
SocGen, Natixis skip 2019 dividends, may consider payments in second half
French banks, Societe Generale and Natixis joined a cohort of European peers that announced plans to skip 2019 dividends following the European Central Bank's guidance to direct profits toward supporting the economy during the coronavirus crisis......»»
Europe Markets: European banks skid as ECB asks lenders not to pay dividends
European banks dropped on Monday to pace a broader market retreat after the chief regulator for the region recommended no dividend payments be made until the autumn......»»
European stocks edge lower after ECB calls for banks to halt dividends through October
European stocks slipped in early trade on Monday, with modest losses across the Continent. Two companies that warned over the i.....»»
ECB tells euro zone banks to skip payouts as virus hits economy
The European Central Bank told euro zone banks on Friday to skip dividend payments and share buybacks until October at the earliest and use their profits to support the economy as it is hit by the coronavirus pandemic......»»
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......»»
Key Words: Here’s what Mario Draghi says Europe must do now to prevent coronavirus recession ‘from morphing into a prolonged depression’
Banks need to lend to companies at zero cost to save jobs, and governments must be prepared to absorb the cost, says former European Central Bank President Mario Draghi......»»
For ECB, coronabonds could be shield against legal challenges
European Central Bank President Christine Lagarde has a concrete reason for putting pressure on euro zone governments to finance the fight against coronavirus with joint debt -- avoiding trouble with the courts......»»
Britain becomes latest country in lockdown as police enforce new restrictions
Britain has become the latest European country in lockdown as the U.K. Government announced a raft of restrictions preventing the population from leaving home without a valid reason......»»
Britain becomes latest country in lockdown with police to enforce new restrictions
Britain has become the latest European country in lockdown as the U.K. Government announced a raft of restrictions preventing the population from leaving home without a valid reason......»»
Europe Markets: European stocks trade higher after a week of spending by global central banks and governments to combat coronavirus
European stocks rise Friday, as investors appear willing, for now, to put their faith in vast stimulus moves from central banks and governments to shore up economies against the fast-spreading coronavirus pandemic......»»
Europe Markets: European stocks and U.S. equity futures climb after a week of big spending by global central banks and governments
European stocks and U.S. equity futures climbed on Friday, after a week that has seen global central banks and governments pour on firepower against coronavirus, which is threatening to send the world into a recession......»»
Live updates: U.S. stock futures edge lower even as central banks roll out latest stimulus plans
Wall Street braces for more losses after Wednesday's rout despite Federal Reserve and European Central Bank measures to shore up the economy against the coronavirus......»»
Some European banks shut branches to limit coronavirus spread
Two of Germany's largest banks have temporarily shut hundreds of branches, while Italian lenders have shortened opening hours as they grapple with staff shortages and the spread of coronavirus......»»
Quarantative Easing Fails: S&P, Brent Down 10%, European Banks Hit All Time Low In Monday Massacre
Quarantative Easing Fails: S&P, Brent Down 10%, European Banks Hit All Time Low In Monday Massacre The Fed's quarantative easing has failed. After .....»»
Coronavirus update: 127,863 cases, 4,718 deaths, Trump extends travel restrictions to parts of Europe
The rapid spread of COVID-19 in certain European countries is one reason that the Trump administration has banned the entry of foreign nationals arriving from 26 European nations into the U.S. for 30 days......»»
Global Systemically Important Bank Stocks Crash To Record Low
Global Systemically Important Bank Stocks Crash To Record Low Despite Lagarde's increase in liquidity - but no further rate cuts - European banks are a bloodbath, crashing to an all-time record low this morning... So m.....»»
Stocks gain after emergency BoE cut adds to stimulus hopes
European stocks rose on Wednesday after the Bank of England joined other central banks in cutting interest rates, raising hopes for more co-ordinated monetary and fiscal stimulus to counter the economic shock from the coronavirus outbreak......»»