For all the grandiose rhetoric of a banking union as a way to resolve the eurozone crisis, bankers at the Institute of International Finance meeting feared the EU's single market in financial services ...
European markets traded firmly in the red on Friday morning as concerns over the banking sector reached the region.
WASHINGTON (Reuters) - Progress on European banking union is vital to policymakers' push to encourage cross-border mergers because banks will only be able to leverage synergies if there is a common ...
National banking champions are not supposed to exist in the EU. But the fact that so many of the most successful big European banks in 2015 are concentrating on their home countries says much about ...
BRUSSELS, May 8 (Reuters) - In June last year, European Union leaders made a great fanfare of committing to 'banking union', a three-step plan to shore up the region's 8,000 banks and prevent a repeat ...
Meanwhile, European banks may struggle to keep up under Europe's stringent regulations and slower economic growth, potentially widening the earnings gap across the Atlantic. Under the Trump ...
Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian lender UniCredit’s acquiring Commerzbank. By Melissa Eddy and Bernhard Warner Melissa Eddy reported ...
In 2012, responding to the eurozone debt and financial crisis, European leaders agreed to create a banking union. They transferred oversight of the EU’s big banks from national supervisors to a single ...
BRUSSELS (Reuters) - A German plan to scale back a major element of European banking union may reinvigorate the ambitious project, but also threatens to compromise its ability to prevent future crises ...
Europe needs deeper capital markets to stem its response to climate change, according to European Central Bank President ...
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