Why European banks are flirting with each other again
There have long been rumblings that weak profits and rising costs would spark a wave of bank mergers in Europe. But deals remain elusive......»»
Why European banks are flirting with each other again
There have long been rumblings that weak profits and rising costs would spark a wave of bank mergers in Europe. But deals remain elusive......»»
Central banks to reduce dollar liquidity provisions
The Bank of England, the Bank of Japan, the European Central Bank and the Swiss National Bank, in consultation with the Federal Reserve, have jointly decided to discontinue o.....»»
Europe Markets: European stocks hover at record highs, with Shell leading the gains
European stocks were inching toward a fresh record on Wednesday, with shares of Royal Dutch Shell climbing after a trading update, and banks also higher. U.S. stock futures were slightly higher......»»
Morgan Stanley European banks analysts to hold analyst/industry conference call
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.....»»
ECB Scrambles To Gauge European Banks" Exposure To Collapsing Trade Finance Giant
ECB Scrambles To Gauge European Banks' Exposure To Collapsing Trade Finance Giant Despite being crowned "the king of supply chain finance" earlier thi.....»»
Europe Markets: Banks and autos drive gains for European stocks as U.S. equity futures also gain
European stocks climbed on Wednesday, as investors focused on economic reopenings in Germany and a U.K. budget message......»»
Europe Markets: Commodity stocks weigh on European markets as oil and metal prices slip
European stocks were flirting with giving up some of the gains made earlier in the week, as lower commodity prices weigh on indexes and investors continue to keep a wary eye on bond yields and central banking policy......»»
European banks plunge into red amid lockdowns
Germany’s C.....»»
HSBC sees differences in capital emerging among European banks, downgrades four
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.....»»
Europe Markets: European stocks struggle amid earnings deluge, but banks and oil companies rise
European stocks struggled for traction on Wednesday, on a busy day for earnings that overall reflected the deep difficulties facing companies amid the coronavirus outbreak......»»
EU sets out "quick fixes" to boost bank lending during pandemic
Banks should rein in bonuses to boost their capacity to help businesses and households hit by the coronavirus crisis, the European Commission said on Tuesday. Ciara Lee reports.....»»
Steve Eisman: Long US Banks, Short Euro and Canadian Banks
Eisman's most interesting trade is to be long US banks and short European and Canadian banksCheck out Steve Eisman Stock Picks » Download GuruFolio Report of Steve Eisman (Updated on 04/25/2020)Related Stocks: JPM, C, WFC, BAC,.....»»
US Banks Are Pulling Back From Lending To European Companies: FT
US Banks Are Pulling Back From Lending To European Companies: FT One week ago we showed that the largest US commercial bank, JPMorgan, which just hiked its provisions for loan losses in anticipation of a sur.....»»
Wall Street curtails corporate lending in Europe to put America first: sources
U.S. investment banks are shrinking lending activity in Europe as the coronavirus crisis forces them to retreat home, allowing BNP Paribas and other European lenders to fill the funding gaps and grab market share, seven sources told Reuters......»»
Wall Street backs off European corporate lending to focus on America: sources
U.S. investment banks are shrinking lending activity in Europe as the pandemic forces them to focus on home, allowing BNP Paribas and other European lenders to fill the gaps and grab market share, sources familiar with the matter told Reuters......»»
ECB will allow some junk-rated debt to be used as collateral in event of downgrades
The European Central Bank on Wednesday said it would allow some debt to continue to be used as collateral by banks in the event of downgrades to below investment-grade status. The ECB said assets, with the exception of asset-backed securities, that.....»»
Redburn shifts preferences in Southern European banks with five rating changes
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.....»»
EU Prohibits Bailed Out Companies From Paying Bonuses, Dividends
EU Prohibits Bailed Out Companies From Paying Bonuses, Dividends Back on April 1, we predicted that with European banks suspending dividends across the b.....»»
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)........»»