Banks battle to shed unsold buyout loans – sources
Banks offloading loans backing PE buyouts -sourcesUnsold loans in Europe now down to 5 bln euros -sourcesLONDON, Jan 31(Reuters) -...
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German economy unexpectedly shrinks in Q4, reviving spectre of recession
Q4 GDP at -0.2% Q/Q vs forecast of 0.0%Decline due mainly to falling private consumptionEconomists reckon mild recession is likelyBERLIN,...
UK PM Sunak sacks party chairman Zahawi over tax affairs
Zahawi found not to have been open about tax probeIndependent adviser finds serious breaches of codeInvestigation into Deputy PM ongoingScandal...
Euro-banks have done their time in valuation jail
LONDON, Jan 26 (Reuters Breakingviews) - European banks undeniably earned their reputations as financial ne’er-do-wells. Their low stock-market valuations were...
EU urges European banks to step up funding for critical minerals
LONDON, Jan 25 (Reuters) - European Commissioner Thierry Breton urged European financiers this week to provide more funding to suppliers...
Barclays names former Credit Suisse dealmaker Deasy as investment banking co-head
LONDON, Jan 24 (Reuters) - Barclays (BARC.L) has appointed former Credit Suisse (CSGN.S) dealmaker Cathal Deasy as co-head of investment...
EU lawmakers to vote on tighter crypto, ESG rules for banks
Lawmakers to vote on tougher shadow bank rulesLawmakers seek to tie ESG with bonusesLawmakers seek to align with global rules...
China reopening spurs record inflows into emerging market funds -BofA
LONDON, Jan 20 (Reuters) - Investors poured a record $12.7 billion into emerging-market debt and equity funds in the week...
European prosecutors hear Lebanese bankers in c.bank commission probe
BEIRUT, Jan 20 (Reuters) - Lebanese bankers told European prosecutors they believed that commissions now at the centre of a...
Crypto company ConsenSys lays off 96 employees – blog
Jan 18 (Reuters) - Blockchain technology company ConsenSys plans to cut 11% of its workforce, or 96 jobs, according to...
