Asia regulators attack clearing standards
Watchdogs have warned against the application of western standards as regulators assess whether clearing houses in Asia are robust enough to be used by European banks European Companies News…
Mediobanca hires adviser for Europe push
With Stefano Marsaglia at the top the bank will seek to capitalise on increasing demand for advice on deleveraging, asset sales and capital raisings European Companies News…
Daimler and Lagardère face French trial
Seven current and former Airbus and EADS executives also to stand trial for alleged insider trading in connection with selling shares in EADS. European Companies News…
UBS buys back bonds to cut balance sheet
The Swiss bank’s $ 2.4bn transaction comes ahead of tougher rules that mean subordinated debt will not be counted as capital from 2019 European Companies News…
ArcelorMittal sets sights on US carmakers
Joint venture expected to see positive ebitda in year one, and cash flow positive in year two from former ThyssenKrupp unit European Companies News…
Revival leaves envious eurozone in shade
Some economists believe the UK will be the world’s fastest growing developed economy over the next five years, a tempting prospect for foreign investors European Companies News…
ThyssenKrupp: uncertainty continues
German steel and capital goods group’s restructuring moves will bring little extra certainty in the near term European Companies News…
China hits brakes on luxury goods boom
Beijing’s crackdown on exuberant personal spending and gift-giving by officials is likely to hit the luxury industry’s double-digit growth European Companies News…
Carmignac looks to revive fortunes
The asset manager is adapting its investment strategy and opening in less familiar markets after three years of lacklustre performance European Companies News…
Spanish lenders can reclassify €30bn DTAs
Move designed to bolster regulatory capital ahead of next year’s Europe-wide bank stress test and follows months of lobbying by Spanish banking chiefs European Companies News…
