EU proposes payments sector shake-up to boost fintechs
LONDON, June 28 (Reuters) - The European Union on Wednesday proposed making the payments sector more competitive, giving legal backing...
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Strong Irish mortgage market unmoved by higher interest rates
An Allied Irish Bank (AIB) worker cleans the outside window of a branch of AIB featuring an advertisement offering mortgage...
EU top court backs consumers in Polish FX mortgage case
WARSAW, June 15 (Reuters) - The European Union's top court on Thursday backed Polish borrowers with Swiss franc-denominated mortgages in...
Analysis: US hotel developers run out of cash as construction lending dries up
June 5 (Reuters) - Tighter lending standards from regional banks are making it harder for U.S. hotel developers to secure funding, slowing construction of new hotels at a time Americans' appetite for travel is ripe.Hotel developers, private equity firms, and general contractors told Reuters the financial stress on regional banks -- the largest lenders to hotels and other commercial real estate markets -- has forced developers to postpone projects or find other creative ways to raise capital.The hotel industry's predicament highlights the impact on the broader U.S. economy of the...
EU to propose greater transparency for default swaps on eight banks
LONDON, May 31 (Reuters) - The European Commission will propose greater transparency in the trading of credit default swaps of...
ECB warns of hit to top European banks if funds run into trouble
FRANKFURT, May 30 (Reuters) - The euro zone's top banks may take a hit if their financial clients, such as...
Wall Street ends mixed as investors await debt ceiling talks
U.S. debt limit talks to kick off at 5:30 p.m. ETSome tech stocks lift Nasdaq, regional bank stocks upChina's Micron...
US banks rethink social media as a threat, not a marketing tool
NEW YORK, May 18 (Reuters) - Bankers are beefing up risk management, monitoring and emergency procedures around the use of...
US regional bank shares rally after Western Alliance reports deposit growth
May 17 (Reuters) - Shares of U.S. regional lenders jumped on Wednesday on growing investor confidence that the worst of...
Analysis: Overexposed US regional banks could sell commercial property loans
People enjoy the Manhattan skyline during sunset, from the Top of the Rock observation deck, at Rockefeller Center, in New...
