The EU’s €78bn Single Resolution Fund is meant to avoid a repeat of 2008-style taxpayer banking bailouts, but faced a string of legal problems. ADVERTISEMENT Banks’...
The complex lending instruments that caused the 2008 crisis top a wishlist of financial reforms. ADVERTISEMENT Euro area ministers on Monday (11 March) agreed a wishlist...
High interest rates took a bite out of consumer lending and took a toll on banks’ profits in September. ADVERTISEMENT Russian banks’ profits dropped in September...
The recent provisionally agreed compromise resulting from the trilogues will hopefully lead to some steps being taken towards improving proportionality for small and non-complex banks, Daniel...
As markets gradually return to normalcy following weeks of turbulence, the European Commission has unveiled a new set of rules to further protect deposits, prevent bank...
Authorities raided the Paris offices of five banks Tuesday on suspicion of tax fraud, French prosecutors said. The raids come as part of five preliminary investigations...
Financial markets can’t seem to shake off the jitters sparked by the spectacular collapse of Silicon Valley Bank (SVB), the biggest American bank to fall since 2008,...
The Euronews Brussels bureau brings you its latest episode of a talk show that aims to break down European news and politics to make it more...
Banks across the eurozone are resilient, stable and strong, European Union leaders insisted on Friday at the end of a two-day summit in Brussels. But their...
The European Central Bank is ready to “respond as necessary” to maintain stability in the eurozone, President Christine Lagarde has pledged amid persistent market turmoil across...