Spanish banks perform better in EU stress test than in 2021, El Confidencial says
MADRID, July 12 (Reuters) - Spanish banks, such as Santander (SAN.MC) and BBVA (BBVA.MC), performed better in European stress tests...
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Barclays wins UK Supreme Court case over push payment fraud
LONDON, July 12 (Reuters) - Barclays (BARC.L) on Wednesday won a UK Supreme Court appeal that turned on the extent...
EU watchdog calls for early adoption of stablecoin standards
LONDON, July 12 (Reuters) - The European Union's banking watchdog urged stablecoin issuers on Wednesday to voluntarily comply with 'guiding...
A wasted opportunity? Italy’s EU funds bonanza hits the rocks
Italy behind in policy goals and spendingFirms say it takes two years to launch projectsDelays hold back badly-needed investmentsHigher growth...
Exclusive: TikTok parent ByteDance to allow US staff to cash out on shares-sources
NEW YORK, July 11 (Reuters) - ByteDance, the Chinese owner of short video app TikTok, will allow shares owned by...
UK mortgage rates surge to 15-year high after surpassing ‘mini-budget’ peak
A man walks past houses ‘For Sale’ in a residential street in London, Britain, September 27, 2022. REUTERS/Hannah McKayLONDON, July...
Watchdog with teeth can help EU hunt unicorns
BRUSSELS, July 11 (Reuters Breakingviews) - Europe wants to keep its home-grown innovators from going abroad in search of new...
Column: Oil investors less bearish after Saudi output cut extended
LONDON, July 10 (Reuters) - Portfolio investors tip-toed back into crude oil as Saudi Arabia extended its unilateral production cut for at least another month, dissipating some of the extreme pessimism gripping the market at the end of June.Hedge funds and other money managers purchased the equivalent of 47 million barrels in the six major petroleum futures and options contracts over the week ending on July 3-4.Buying was concentrated in crude (+52 million barrels) with purchases of Brent (+25 million) and NYMEX and ICE WTI (+27 million), according to exchange...
UK pension funds back next phase of post-Brexit City shake up
Private pensions pledge up to 50 billion poundsFurther 25 billion could come from public sector schemesInefficient pension schemes could be...
Bank of England’s Bailey vows to ‘see the job through’ on inflation
Under pressure, Bailey says "crucial" to see job throughUK inflation is running higher than in any other G7 economyBailey largely...
