Europe banks

Rising interest rates are not the mere boon to long-suffering European banks that they might first appear. Patience will be required. European bank stocks have outperformed strongly this year, rising around 6% even as the broader market fell. These are economic indicators, so signs of recovery have supported them, alongsideRead More →

ROME (AP) — To mask or not to mask is a question Italy settled at the start of the COVID-19 outbreak with a resounding “yes.” Now Europe’s former epicenter of the pandemic is hoping even tougher mask rules will help it beat the latest wave of infection. Other countries areRead More →

With the financial services industry – and retail banking in particular – facing tough economic times following the COVID-19 pandemic and resulting change in customer behavior, the budget cycle is never over. critical to support a difficult year ahead. Asking five simple questions about contracts with third-party vendors could makeRead More →

By Jesús Aguado and Tom Sims MADRID / FRANKFURT (Reuters) – At Spain’s Caixabank, most customers who visit a branch for a service they could access online will now have to pay two euros for the privilege. The fees are part of a shift by European banks, suffering from yearsRead More →

Caixabank’s Bankia deal could cost some customers dearly Fees on some debit cards, cash withdrawals from branches on the rise Costs are also increasing in Germany and Italy Caixabank’s new policy follows IT integration after November 12 MADRID / FRANKFURT Nov 15 (Reuters) – At Spain’s Caixabank (CABK.MC), most customersRead More →

Andrea Enria, chairman of the supervisory board of the European Central Bank (ECB), gestures during an interview at Eurotower in Frankfurt, Germany on Tuesday, December 15, 2020. Enria said the ECB allows payment of dividends No limit. Photographer: Alex Kraus / Bloomberg, Bloomberg (Bloomberg) – European banks have used theRead More →

(Bloomberg) – The upheavals in the European banking sector are not slackening. On Monday, Barclays Plc became the 10th major lender since late 2019 to replace its chief executive when it appointed CS Venkatakrishnan as successor to Jes Staley, who unexpectedly resigned. UniCredit SpA, Danske Bank A / S andRead More →

The global economy is on a wave of mergers and acquisitions, with more mergers in the first half of 2021 than in any year of this century. Rich in cash and able to borrow at extremely low rates, businesses around the world are seizing the opportunity to reinvent, reorganize andRead More →

The European Central Bank wants to ensure that credit flows into the European economy to support its recovery as the pandemic continues. Banks cash in. Eurozone banks make money through an ECB program that essentially remunerates them for lending, increasing their income, and helping to offset some of the costsRead More →

The skyline with the banking district is pictured in Frankfurt, Germany on August 24, 2021. The photo is taken with a long time exposure and zoom burst. REUTERS / Kai Pfaffenbach / File photo Register now for FREE and unlimited access to Reuters.com Register “Very limited” ESG risk exposure measurementRead More →