More than four years after the vote that took Britain out of the European Union, Frankfurt is emerging the winner among EU financial capitals in attracting London's much-coveted banking business, ahead of Paris, Milan and Amsterdam.
A suspected right-wing extremist shot nine people dead in two shisha bars in an overnight rampage through a German city on Wednesday night (19 February) before, police believe, returning home and killing himself.
London is currently Europe's leading financial centre but the French authorities dream of seeing Paris in the lead. However, it remains to be seen if the City will lose access to European markets after the UK-EU negotiations this year. EURACTIV's partner EUROEFE reports.
The management of Germany's Commerzbank has a clear strategy about the planned merger with Deutsche Bank and is "working hard" in order to reach a decision as quickly as possible, CEO Martin Zielke said in an internal e-mail sent to the bank’s employees and seen by EURACTIV.
While banks in London have drastically scaled back their post-Brexit relocation estimates, they are now favouring France to Germany, according to a survey led by Reuters. EURACTIV’s partner La Tribune reports.
Goldman Sachs chief executive Lloyd Blankfein expects to fill the firm's new European headquarters which is currently under construction in London, but said Britain's exit from the European Union left much outside the bank's control.
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.
Financial institutions based in Britain will lose so-called passporting rights allowing them to operate across the European Union unless post-Brexit Britain is at least part of the European Economic Area, ECB policymaker Jens Weidmann has said.
A German politician said on Thursday (18 August) he was trying to persuade foreign banks to make Frankfurt their home after Britain's vote to leave the European Union, and outlined how Europe's biggest economy wants to bolster its financial capital at London's expense.
Germany's Constitutional Court confirmed on Tuesday (17 May) it has received a complaint against the European Central Bank's monetary policy, as reported by the Welt am Sonntag newspaper at the weekend.
Faced with a series of unprecedented difficulties, the EU has little choice but to move forward swiftly to the next stage of integration. The way to do that is through treaty change, argues Anfrew Duff in his latest pamphlet 'The Frankfurt Protocol'.
Violent clashes between anti-austerity protesters and German police left dozens injured and a trail of destruction in Germany's financial capital as the European Central Bank opened its new headquarters Wednesday.
When the European Central Bank officially inaugurates its new headquarters in Frankfurt on Wednesday (18 March), as many as 10,000 people from around Europe are expected to show up to join an anti-austerity demonstration.
The European Central Bank (ECB) took the ultimate policy leap today (22 January), launching a government bond-buying programme which will pump hundreds of billions of new money into a sagging eurozone economy.