[ad_1] FILE PHOTO: A euro logo sculpture stands in front the headquarters of the European Central Bank (ECB) in Frankfurt October 26, 2014. REUTERS/Ralph Orlowski MILAN (Reuters) – The European…
Tag: Banks (TRBC level 4)
Wirecard collapse leads to call for German parliamentary inquiry
[ad_1] By Andreas Rinke, Neil Jerome Morales BERLIN/MANILA (Reuters) – Germany’s opposition called on Monday for a parliamentary inquiry into the collapse of payments firm Wirecard after a global fraud…
Italy’s Intesa sells merchant payments business to Nexi, takes stake
[ad_1] By Valentina Za, Elisa Anzolin MILAN (Reuters) – Intesa SanPaolo ISP.MI is selling its retailers’ payment business to Nexi NEXII.MI in a 1 billion euro ($1.1 billion)deal that will…
Italian bad loan prices must fall to lure back foreign buyers – Axactor Italy
[ad_1] MILAN, Nov 17 (Reuters) – International investors will steer clear of Italian impaired bank loans until prices fall to reflect the higher risks associated with the COVID-19 crisis, the…
Germany’s BaFin files criminal complaint against Greensill Bank – prosecutor
[ad_1] FRANKFURT, March 3 (Reuters) – Germany’s financial regulator BaFin has filed a criminal complaint against Greensill Bank, the prosecutor’s office in Bremen said on Wednesday. BaFin didn’t immediately respond…
German state ready to buy company stakes to protect core industry
[ad_1] By Paul Carrel, Michelle Martin BERLIN (Reuters) – Germany’s government could take stakes in key domestic companies to prevent foreign takeovers, its Economy Minister said on Tuesday, presenting a…
Credit Suisse winds down $10 billion Greensill-linked funds
[ad_1] By Brenna Hughes Neghaiwi, Abhinav Ramnarayan ZURICH (Reuters) – Credit Suisse said on Friday it is winding down its $10 billion supply chain finance funds, which were mostly invested…
EU fell short in vetting BlackRock for green banking rules, watchdog says
[ad_1] By Kate Abnett, Simon Jessop BRUSSELS/LONDON (Reuters) – The European Commission failed to properly consider conflicts of interest when it appointed a division of BlackRock, the world’s largest asset…