Banking union

19-05-2017

Dombrovskis adds pressure to adopt deposit guarantee scheme

Amid persistent doubts over some pockets of the banking system, European Commission Vice-President Valdis Dombrovskis, urged reluctant member states to accept the EU proposal to set up a common deposit guarantee scheme.

Brexit 26-04-2017

Britain could lose 4,000 Deutsche Bank jobs over Brexit

Deutsche Bank could move up to 4,000 jobs away from Britain, the group's compliance chief said Wednesday (26 April), as Germany's largest lender struggles to work out the consequences of Brexit.

Brexit 30-03-2017

Luxembourg stakes claim for EU banking body post-Brexit

Luxembourg has claimed the legal right to host the London-based European Banking Authority after Brexit, a government spokeswoman said today (30 March).

Economic governance 08-03-2017

Berlin continues quest for ‘European Monetary Fund’

The German government still wants to set up a European monetary fund but the European Commission does not want to surrender any responsibility for assessing eurozone finances. EURACTIV’s partner Der Tagesspiegel reports.

Economy & Jobs 06-03-2017

Deutsche Bank sets sights on €8bn in capital hike

German banking powerhouse Deutsche Bank wants to beef up its capital reserves by selling off millions of new shares, as well as overhauling its business structure, in the wake of massive losses and international sanctions. EURACTIV’s partner Milano Finanza reports.

Economy & Jobs 28-02-2017

EU centre-right sets the tone for the Commission’s EMU paper

EXCLUSIVE / An innovation-driven economy where rules are respected and the labour market is flexible will help Europe ensure its position in a constantly changing world, according to a European People’s Party document seen by EURACTIV.com.

Competition 27-02-2017

EU set to block stock market mega merger

London Stock Exchange (LSE) said its proposed merger with Deutsche Börse AG was unlikely to be approved by the European Commission, leaving the stock market operators' third attempt at combining on the brink of failure.

23-02-2017

HSBC prepares for Brexit, ECB bond programme pays off

British multinational bank HSBC could transfer 1,000 of its employees from London to Paris within the next two years. Meanwhile, the European Central Bank’s bond-buying programmes continue to impress. EURACTIV’s partner Milano Finanza reports.

Euro & Finance 17-02-2017

EU’s Dombrovskis: Trump brings ‘concern’ to international financial regulation

European Commission Vice-President Valdis Dombrovskis is wary of US moves to deregulate the banking sector, saying the main lesson from the 2008 financial crisis is that international finance needs international rules. But he was positive about Greece’s fiscal adjustment and called on Athens and its lenders to give a “final push” to break the stalemate on the country's bailout programme.

Euro & Finance 15-02-2017

Dombrovskis warns US on bank deregulation move

Rolling back international banking regulations would put the achievements made since the financial crisis into question and could trigger a dangerous race between countries to ease rules, a senior European Union official warned on Tuesday (14 February).

Euro & Finance 16-12-2016

Germany blocks small progress on banking union at EU summit

Germany prevented a new attempt to break the deadlock on a European Union plan to boost financial stability in the banking sector by watering down a joint statement of an EU leaders' summit, the bloc's officials said yesterday (15 December).

Euro & Finance 14-12-2016

OFCE’s Timbeau: A high carbon tax would help end economic stagnation

EU leaders should see public debt reduction as a long-term challenge and not be afraid of making investments for the future. Cutting debts quickly can increase unemployment and make a country worse off, Xavier Timbeau told EURACTIV France.

Euro & Finance 09-12-2016

Unhappy birthday: EU low-key on Maastricht’s 25th anniversary

A quarter of a century after the summit in the Dutch town of Maastricht that gave birth to the euro, the EU will mark the anniversary today (9 December) with little fanfare as it battles a wave of crises.

Euro & Finance 08-12-2016

Economist: ‘Italian reforms will come to standstill’

Italy's dismissal of Matteo Renzi's reform package sent a clear signal to the other member states that Rome is incapable of solving its economic woes alone, researcher Dr Paweł Tokarski said in interview with the SWP.

Euro & Finance 29-11-2016

Moscovici says EU and Greece ‘very close’ to opening vital debt talks

Greece and its European creditors are "very close" to an agreement that would open the way to vital debt talks, EU economy commissioner Pierre Moscovici said on Monday (28 November).

Euro & Finance 15-11-2016

Trump, Wall Street and the banks: Massive deregulation ahead

Donald Trump’s promise to cut red tape in the financial sector is one of the few areas the president-elect has been consistent. Despite his anti-Wall Street rhetoric, the billionnaire is close to America's financial hub. EURACTIV's partner La Tribune reports.

Euro & Finance 08-11-2016

Eurozone says more debt relief for Greece ‘impossible’ for now

Eurogroup head Jeroen Dijsselbloem and German Finance Minister Wolfgang Schäuble, in a move likely to anger Athens and the IMF, warned yesterday (7 November) it would be impossible to draw up fresh debt relief for Greece by year's end.

Brexit 02-11-2016

72% of UK bankers think London will keep ‘financial centre status’ post-Brexit

Almost three-quarters of British bankers believe London will still be the financial centre of Europe in five years' time, despite risks surrounding Brexit, according to a study published Wednesday (2 November).

Euro & Finance 02-11-2016

MEPs seek to water down EU bank deposit guarantee plan

European lawmakers plan to water down a European Commission plan to guarantee bank deposits, according to a draft report seen by Reuters, throwing up another hurdle to regulators' plan to boost savers' confidence and the financial sector.

Euro & Finance 25-10-2016

Jean Tirole: ‘I hope Europe and the UK can prevent Brexit’

Brexit triumphed through demagogy and populism, according to the economist Jean Tirole, who calls for a U-turn to prevent Europe falling to the forces of separatism.

Mario Draghi
Euro & Finance 20-10-2016

ECB set to tee up next stimulus move: analysts

European Central Bank chief Mario Draghi is likely to prep markets for an extension of a huge monetary stimulus programme later today (20 October) after investors were rattled by talk that massive bond purchases may be drying up.

Konstantinos Michalos
Euro & Finance 14-10-2016

Greek business chief: German elections no excuse to defer Greek debt talks

The German government should not use the upcoming national elections as an excuse to defer discussions over Greece's debt, Konstantinos Michalos said in an interview with EURACTIV.com.

Euro & Finance 07-10-2016

Financial expert: Deutsche Bank collapse ‘would probably trigger new global financial crisis’

Deutsche Bank is in crisis mode and its collapse could signal the beginning of a whole new set of economic woes for Germany, the EU and even the entire global financial system, expert Michael Schröder told EURACTIV Germany. But he insists that state aid is not the answer.

Brexit 22-09-2016

5,500 UK-based finance firms could lose EU ‘passporting’ rights

The 'passport' rights allowing 5,500 British-based financial firms to operate freely across the European single market are at stake in the fallout from Brexit, posing a 'significant' risk to the finance sector, the country's financial watchdog has revealed.