Germany, Austria, Netherlands impede euro zone reform: Juncker

[ad_1] BERLIN (Reuters) – The Netherlands, Austria “and all too often Germany” are preventing deeper euro zone integration, European Commission President Jean-Claude Juncker told German newspaper Handelsblatt. FILE PHOTO: European…

Germany’s economic rebound set to slow further- Bundesbank

[ad_1] FILE PHOTO: A sign is seen outside the headquarters Germany’s federal bank Deutsche Bundesbank in Frankfurt, February 4, 2013. REUTERS/Kai Pfaffenbach FRANKFURT (Reuters) – Germany’s economic rebound may lose…

Italy’s Target2 debt hits new record high, ECB’s funding to banks rises

[ad_1] MILAN, July 7 (Reuters) – Italy’s liabilities towards other euro zone central banks hit a new all-time high in June, as the country’s lenders rushed to borrow from the…

Citi, Credit Suisse drop China’s Ucommune U.S. IPO over valuation -sources

[ad_1] By Scott Murdoch, Julie Zhu SYDNEY/HONG KONG (Reuters) – Citigroup Inc C.N and Credit Suisse Group AG CSGN.S have dropped out of the U.S. initial public offering of Chinese…

Swiss investor adviser calls for Credit Suisse chairman to go

[ad_1] By Brenna Hughes Neghaiwi, John O’Donnell ZURICH (Reuters) – Prominent Swiss investment adviser Ethos Foundation has called on Credit Suisse CSGN.S Chairman Urs Rohner to step down to take…

Italy government approves rescue of Popolare di Bari bank: source

[ad_1] ROME (Reuters) – An Italian cabinet meeting approved an emergency decree on Sunday night to bail out ailing cooperative lender Banca Popolare di Bari, a government source said. The…

Money laundering could affect financial stability, Danish central bank warns

[ad_1] By Teis Jensen, Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – A money laundering scandal at Danske Bank DANSKE.CO involving billions of euros of suspicious flows is serious enough to potentially affect…

Deutsche cuts back correspondent banking after Danske scandal

[ad_1] FILE PHOTO: The headquarters of Germany’s Deutsche Bank are seen early evening in Frankfurt, Germany January 31, 2017. REUTERS/Kai Pfaffenbach/File Photo FRANKFURT (Reuters) – Deutsche Bank has sharply scaled…

Credit Agricole Italy head says bid for Creval is ‘fair’ – paper

[ad_1] FILE PHOTO: A Credit Agricole logo is seen outside a bank office in Vertou near Nantes, France, February 11, 2019. REUTERS/Stephane Mahe MILAN (Reuters) – A cash takeover offer…

U.S. banks’ reluctance to lend cash may have caused repo shock – BIS

[ad_1] LONDON (Reuters) – The unwillingness of the top four U.S. banks to lend cash combined with a burst of demand from hedge funds for secured funding could explain a…