The City of London’s financial district is seen as people walk on the Millennium Bridge in London, Britain February 16, 2022. REUTERS/Henry Nicholls/File Photo Join now for FREE unlimited access to Reuters.com Register Britain, EU and US announce sanctions against Russian banks HSBC fears ‘wider contagion’ The most exposed Austrian,Read More →

(Repeats to additional subscribers) By Tom Sims, Lawrence White and John O’Donnell FRANKFURT, Feb 9 (Reuters) – Amid fears of a Russian invasion of Ukraine, Italy’s UniCredit has backed out of a possible acquisition in Russia and Austria’s Raiffeisen Bank International has set aside risk provisions in view of possibleRead More →

Band Tom Sims, Lawrence White and John O’Donnell FRANKFURT, February 9 (Reuters) – Amid fears of a Russian invasion of Ukraine, Italy’s UniCredit has backed away from a possible acquisition in Russia and Austria’s Raiffeisen Bank International has set aside risk provisions for possible sanctions against Russia. What banks inRead More →

A Ukrainian Armed Forces tank is seen during military exercises at a training ground in Dnipropetrovsk region, Ukraine, February 8, 2022. Ukrainian Armed Forces General Staff/via REUTERS Join now for FREE unlimited access to Reuters.com Register FRANKFURT, Feb 9 (Reuters) – Amid fears of a Russian invasion of Ukraine, Italy’sRead More →

European banks could take the edge over their US counterparts with a proposed “green asset ratio” to enlighten investors on increasingly important environmental issues, according to market participants. The European Banking Authority has recommended that banks adopt a host asset ratio, or GAR, to show how their business activities areRead More →

Through Bharat Bhushan, CTO, Banks and Financial Markets (EMEA), IBM Today, cloud computing is not only essential to the future success of the European financial sector. It is also at the heart of the continent’s COVID-19 economic stimulus plan. However, due to concerns over regional independence and operational resilience, theRead More →

On August 31, 2020, the Tenth Circuit affirmed the United States Bankruptcy Court for the District of Colorado finding that certain student loans unsecured by a government unit may be discharged in bankruptcy. Navient Solutions, LLC argued that debtors’ student loans were excluded from their Chapter 13 discharge under 11Read More →