EU executive approves 900 mln euros in funds for Hungary
The Hungarian national flag and the flag of the European Union fly on the building of the National Bank of...
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Has the European Central Bank become too powerful?
“Nothing is possible without people. Nothing is lasting without institutions," noted Jean Monnet, one of the European Union’s founding fathers....
Dutch election: Wilders’ far-right party seeks to form government
Far-right's Wilders tops Dutch electionFellow eurosceptics welcome win as sign Europe is changingMuslim groups express concernsAMSTERDAM, Nov 23 (Reuters) -...
ECB’s Nagel: rates at peak or close, rules out hard landing
Joachim Nagel, Bundesbank president and European Central Bank policymaker, prepares for an interview at the Jackson Lake Lodge in Jackson...
Rabobank hit with $29 mln EU fine over 2006-16 bond cartel
Rabobank headquarters is seen in Utrecht, Netherlands August 21, 2018. Picture taken August 21, 2018. REUTERS/Eva Plevier/ File photo Acquire Licensing RightsBRUSSELS, Nov 22 (Reuters) - Dutch bank Rabobank was hit with a 26.6-million-euro ($29 million) fine by EU antitrust regulators on Wednesday for taking part in a euro-denominated bonds trading cartel for a decade.Banks around the world have been fined billions of euros by antitrust enforcers in recent years for rigging key financial benchmarks and currencies.The European Commission said the cartel, which operated between 2006 and 2016, focused on...
Morning Bid: AI buzzes but market shrugs at Nvidia beat
A trader works on the floor of the New York Stock Exchange shortly before the closing bell as the market...
Crushed FX volatility as dollar, finally, subsides
LONDON, Nov 22 (Reuters) - If you were looking for a klaxon to mark the end of the interest rate cycle, a crushing of currency market volatility rings loudly.Deutsche Bank's CVIX (.DBCVIX) - the currency market's version of Wall St's "fear index" of stock volatility and a weighted average of implied "vol" in nine major pairings - has basically imploded.Subdued since mid-year, the CVIX took another sharp leg lower this month and hit its lowest since mid-February 2022 - just before Russia's invasion of Ukraine and the first of the...
EU and the financial institutions in its CSDDD
With the ongoing trialogue on the Corporate Sustainability Due Diligence Directive (CSDDD), now in its decisive phase, there are growing...
ECB’s Lagarde warns against premature inflation celebration
European Central Bank President Christine Lagarde addresses the European Parliament's Committee on Economic and Monetary Affairs, at the European Parliament,...
EU extends decision date on Novoyzmes, Chr. Hansen deal to Dec. 12
A view of a facility of biotechnology company Chr. Hansen, a global company that manufactures ingredients for the food industry,...
