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......»»
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......»»
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 .....»»
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......»»
European stock futures jump as BoE joins rate cut party
Stock futures in London and across Europe jumped on Wednesday after the Bank of England joined other major central banks in cutting interest rates to offset economic damage caused by the coronavirus outbreak......»»
European stocks slide as stimulus hopes fail to cheer
Asian stocks gained Thursday on bets of more action by central banks, but European traders don't seem to share the optimism, with shares there falling again. Julian Satterthwaite reports......»»
Keep calm and work from home during coronavirus, European banks tell workers
Global banks and small investment firms in Europe are urging staff to work from home and curb travel as the financial industry braces for disruption from the rapidly spreading coronavirus outbreak......»»
Europe Markets: European stocks, U.S. futures fail to hold early gains as correction continues
European stocks failed to hold early gains Monday, as hopes that central banks across the world will deliver interest-rate cuts weren’t enough in the face of recession worries that have rattled markets......»»
Europe Markets: European stocks and U.S. stock futures rise on rate-cut hopes
European stocks snapped back on Monday, rallying on hopes that central banks across the world will deliver interest-rate cuts......»»