Banking union framework set out by ministers
Several countries raised strong objections to Berlin-backed conditions that slowly phase in a single resolution fund – and gives big countries a greater say on when it can be used…
Private placements catch European wave
This year more than half of $ 44bn of loans issued in the private placement market are to non-US issuers – with UK companies taking 16 per cent and Germany…
EADS warns of compulsory redundancies
EADS warns that it may have to make up to 1,450 compulsory job cuts as it sheds 5,800 positions because of cash-strapped European markets European Companies News…
3i loses another high-profile dealmaker
Investment group suffers another departure from its private equity deal team with the loss of its global head of healthcare and French operations co-head European Companies News…
Overseas banks fear effects of China rules
Overseas lenders say they would lose a critical source of funding and revenue for their operations under draft restrictions on interbank loans European Companies News…
Are mergers back in vogue for bankers?
BNP Paribas’s chief is plotting his third takeover deal in weeks and there could well be more, bigger deals to come in Europe but there are snags European Companies News…
Builder shortages could slow expansion
Only four out of seven ‘mega projects’ for making ethylene are set to start by the end of 2017 as the construction industry struggles to find capacity European Companies News…
A weak EU banking union risks deflation
Banks will continue to hold primarily national assets and their size will be constrained by their resident deposit bases, leading to fragmentation European Companies News…
Santander has led the way in spin-offs
Over the past four years, Santander has listed swaths of its far-flung banking empire on local stock markets, helping to bolster the group’s capital European Companies News…
German president to shun Sochi Olympics
Germany’s president has declined to travel to Russia for the Winter Olympics in a move being interpreted as a protest against human rights violations European Companies News…
