By Jack Farchy, Isis Almeida, Andy Hoffman and Ruben Munsterman When Marc Rich needed $ 100 million to buy Iranian and to kick-start what would become the world’s largest commodities trader, he turned to French bank Paribas. When a group of traders needed the money to take over Vitol andRead More →
PARIS (Reuters) – More than 360 billion euros ($425 billion) in loans at Europe’s biggest banks have been subject to payment halts or other coronavirus relief measures, but the big question is whether borrowers will be able to resume payments when support ends. FILE PHOTO: A man walks towards theRead More →
People wearing face masks walk in front of a large euro sign in Frankfurt Main, western Germany, as the headquarters of the European Central Bank (ECB) can be seen behind -plan on April 24, 2020. Yann Schreiber | Getty Images Question marks persist for major European banks as they enterRead More →