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.
The chair of the eurozone’s new single supervisory mechanism sought to soothe nerves yesterday (3 November) before the Frankfurt-based body starts supervision today of 120 of Europe’s largest banks, including several carrying too much debt.
Lending to eurozone households and companies contracted at a slower pace in September, and money supply grew faster than expected, suggesting that a cycle of tightening credit conditions in the bloc is gradually coming to an end.