UniCredit’s top banker to step down
Jean-Pierre Mustier, head of corporate and investment banking, steps down as the Italian lender’s second-quarter results show recovery is continuing European Companies News…
Ecclestone settles bribery case for $100m
Judge accepts offer to settle case, leaving octogenarian F1 boss to walk free after one of Germany’s most high-profile trials this year European Companies News…
BES bonds plummet following €4.9bn rescue
Bank divided into ‘good’ and ‘bad’ banks, with shareholders and junior bondholders left only with toxic assets European Companies News…
Bilfinger chief quits after profit warning
Head of industrial services group Bilfinger steps down after its power business segment is hit by Germany’s efforts to shift from fossil fuels to renewables European Companies News…
Germany cancels Russian defence contract
Germany has cancelled a €120m military contract with Moscow adding to pressure on France to cancel a €1.2bn deal for two Mistral helicopter carriers European Companies News…
Banco Espírito Santo junior bonds fall
Declines follow regulator’s €4.9bn rescue for the Portuguese lender that protects senior creditors but not junior bondholders or shareholders European Companies News…
Aeroflot subsidiary grounds all flights
Russia’s Dobrolet suspends all flights in the most direct fallout of EU’s punitive measures against Russia over the Ukraine crisis European Companies News…
BES to be split in €4.9bn rescue
‘Good’ and ‘bad’ bank to be created, with toxic assets left to investors and junior bondholders European Companies News…
Ukraine crisis threat to European earnings
Companies are sounding a note of caution over recovery predictions as old concerns such as currencies and new ones such as Russian sanctions manifest European Companies News…
Xavier Niel: France’s rebel entrepreneur
Surprise bn bid for majority stake in T-Mobile US bid puts the spotlight on owner of Iliad European Companies News…
