BankingEU prosecutors launch bombshell corruption probe into former European Investment Bank chief – POLITICOJune 24, 202419Police officers from Germany and Luxembourg have in recent months seized material related to the investigation, according to two officials...
MoneyVon der Leyen accused of power grab of €400B in regional cash – POLITICOJune 12, 20249The reform has set von der Leyen, the favorite to remain as president after her five-year term ends later this...
MoneyUS-EU spat derails push for $50B Ukraine loan using Russian assets – POLITICOJune 11, 202415Fresh from a bruising European election last weekend, French President Emmanuel Macron and German Chancellor Olaf Scholz will tell President...
BankingNo, you’re a banker! Sunak and Reeves’ City backgrounds weaponized in UK election – POLITICOJune 10, 202415Of course, the war of words links directly to questions over which team has the best credentials to run the...
BankingBritain’s next financial crash is coming. This time it won’t be the banks. – POLITICOMay 10, 202445Plus, the Bank is undertaking a stress test to probe how nonbanks would react to extreme potential stress in the...
MoneyHow dirty Russian money taught Latvia to get serious on sanctions – POLITICOMay 10, 202444Centralization across the EU may sound good on paper, but Laura Aus, deputy head of the Estonian Financial Intelligence Unit,...
BankingEurope’s banks retreat from Moscow, with the ECB at their heels – POLITICOApril 30, 202424But the slowness of the sale process had frustrated regulators on both sides of the Atlantic. Earlier this year, Acting...
EconomyRethinking EU restrictive measures – POLITICOApril 29, 202444Are there unintended consequences to European Union sanctions against Russia? While rocked initially by the restrictions, Russia’s economy has shown...
BankingLondongrad forever? Why the UK may never seize Russian assets – POLITICOApril 15, 202442LONDON ― In politics, reality rarely matches rhetoric. And the reality is Britain will probably never seize Russia’s money. Plenty...
BankingEU hints at relaxing parts of global bank rules in face of US delays – POLITICOApril 10, 202459The standards, known as "Basel Endgame" in the U.S., update rules drawn up after the 2007-8 financial crisis, and aim...