Hedge funds bet against eurozone
Fund managers are shorting the bonds of ‘core’ European countries, including Germany and the Netherlands, in the belief the crisis will worsen FT.com – European companies…
Haarde celebrates ‘95% victory’ in court
Former Icelandic premier blames two-year ordeal on political vendetta cloaked in what he says were legally spurious allegations of wrongdoing FT.com – European companies…
Kerviel launches further case against SocGen
Former rogue trader issuing one-time employer for alleged forgery and manipulation of evidence FT.com – European companies…
New chairman for Monte dei Paschi
Shareholders force a change in management at Italy’s third largest bank by assets with a vote to appoint Alessandro Profumo to the post FT.com – European companies…
Spain’s vulnerable banks in focus
Foreign minister likens Europe to the Titanic and his country to a seriously ill patient undergoing critical surgery FT.com – European companies…
Total warns of lower production
Gas leak at its Elgin platform in the North Sea, and incidents in Nigeria and Yemen, conspired to compact the French company’s earnings FT.com – European companies…
Deutsche Börse weighs investor payouts
The company says it will propose paying €2.30 per share for the quarter and a special one-time distribution of €1 per share, as profits slip 32% FT.com – European companies…
EU seeks faster Solvency II compliance
Insurers will have six months to comply with nationally adopted versions of the rules – an overhaul of capital requirements and governance FT.com – European companies…
Deutsche Bank hit by trading slowdown
Europe’s largest bank by assets sees revenues fall 12% and says activity remains subdued amid investor nervousness over eurozone debt crisis FT.com – European companies…
Commodities traders face growing pains
Trading houses are being confronted by potential conflicts of interest and a management gap as they move to a vertically integrated model FT.com – European companies…
