ECB's Lagarde praises bank mergers as UniCredit courts Commerzbank
Mergers between European banks are "desirable" if they help them compete with their U.S. and Chinese rivals, European Central ...
Investors pounce on ‘once in a decade’ trade in European property bonds
Credit investors believe they have found a “once in a decade” trade in the beaten-down bonds of European residential property ...
The Disruptive Bank Deal Everyone Wanted—Until It Happened
UniCredit’s effort to buy Germany’s Commerzbank is a test of a broader project to revive Europe’s vitality and stature in the ...
European shares end lower as automakers weigh, though clocks quarterly gains
Europe's STOXX 600 closed lower on Monday with automakers leading declines after industry majors Stellantis and Volkswagen's ...
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ECB chief backs bank mergers amid UniCredit, Commerzbank talk
ECB chief Christine Lagarde said Monday that cross-border banking mergers in Europe were "desirable" to boost their ...
European Central Bank is likely to cut once more in December
Our central scenario still has the ECB holding its deposit rate at 3.5 per cent in October and cutting to 3.25 per cent in December, but we have recalibrated the probability of back-to-back cuts in ...
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Central banks started cutting interest rates months before the Fed
The Fed finally cut interest rates last week, joining a global party consisting of several banks across the world.
European Banks Are Factoring Climate Risks Into Loans, ECB Says
European banks are factoring climate risks into the terms of mortgages they grant, although they don’t fully grasp the ...
Interest Rates Fall, but Central Banks Are No Longer in Lock Step
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, ...
Hungary's government can co-exist with central bank rate level, Orban says
Hungary's government would like to see faster economic growth and more favourable credit conditions, but it can "live" with ...
European Shares Advance Toward Record on China Stimulus Boost
European stocks climbed back toward a record high, lifted by a fresh wave of stimulus from China to revive its economy.