Tag: europe

May 17, 2022

In this edition of Central Bank Watch, we’ll cover the two major central banks in Europe: the Bank of England and the European Central Bank. There’s been somewhat of a divergence between the BOE and ECB in recent weeks, where […]

September 10, 2021

Payments moving between the UK and the European Economic Area (EEA) will be hit with a 1.29% fee, a rise from the usual 0.5% currently paid. PayPal has placed blame for the decision on rising operating costs and increased interchange […]

January 25, 2021

The European fund industry saw a deluge of investment in 2020, with net inflows rising by around 61.6%, according to new figures from Refinitiv Lipper. Across the year, overall net inflows into European funds were estimated at 574.3 billion euros […]

November 18, 2020

Biggs originally joined HSBC in 2017 as its head of digital innovation for UK and Europe in retail banking and wealth management. After two years in that role, she moved on to spearheading the private bank’s fintech partnerships, technology innovation, […]

June 15, 2020

The bank hopes to target 3.4 million clients through the new entity, merging its global wealth management clients across Germany, Europe, the Americas, Asia and the Middle East and Africa, along with private clients and small and medium-sized enterprises (SMEs) […]

February 6, 2020

European stocks extended a rally on Thursday, getting a further boost as a sign of warming U.S.-China trade relations stoked optimism, even as a virus continues to curb the world’s number-two economy. After the largest three-day percentage gain since early […]

December 5, 2019

A transition away from Libor – which has been tarnished by rigging scandals – remains one of the largest challenges facing the industry. The Financial Stability Board’s (FSB) Official Sector Steering Group (OSSG) coordinates international efforts on benchmark reform and […]

June 20, 2019

European markets continued to rally after the U.S. Federal Reserve indicated it was considering future rate cuts at its policy meeting Wednesday. How did markets perform? The Stoxx 600 SXXP, +0.68% was 0.7% higher at 387.6, following Wednesday’s rally of […]

March 28, 2019

A European Central Bank official acknowledged that policy makers were considering tiered rates on deposits, a measure that would bring relief to the banking sector, sending European markets higher on Thursday. But banks were sitting out the gains, led by […]

December 28, 2018

German stocks were poised for their worst annual return in 10 years on the last trading day for that country Friday, while the rest of Europe logged firm gains. Wall Street trading remained volatile after a wild week of trading. […]

December 3, 2018

In the European Payments Council’s (EPC) “2018 Payment Threats and Fraud Trends Report”, it provides a bleak and very lengthy overview of the most important threats in the payments landscape. There is a lot to mention, but the EPC raised […]

November 16, 2018

European banks desperately need a fully formed banking union to compete with the world’s most valuable financial institutions, according to the chief executive of Germany’s biggest lender. “We have to accelerate the banking union and revitalize the concept of a […]

November 13, 2018

Huawei’s Enrique Marron Caballero, finance solution director, Western Europe (ex-Santander), admits that bank executives “won’t be fired if a traditional US provider fails [on a project]”. Huawei has typically started with “foundation platforms” such as storage and wifi for banks, […]

November 1, 2018

European stocks saw mixed trading action Thursday to kick off November, with the pan-European index rising, while London’s equity market retreated amid a surge in the pound following reports that an accord on Brexit may be at hand. How did […]

October 24, 2018

Deutsche Bank AG shares were hovering near an all-time low on Wednesday, as the German financial giant got hit hard by earnings news, action which bucked overall upbeat markets elsewhere, as Europe stocks shot higher. How did markets perform? The […]

September 27, 2018

Anders la Cour, co-founder and CEO of Banking Circle, says: “Payment providers who join Banking Circle can offer ‘local’ cross-border payments, with low fees, good FX rates and fast transfer times. It’s a cohesive solution – there’s no differentiation between […]

August 31, 2018

Holders of Italian bonds will nervously eye the debt-rating agencies over the next few weeks ahead of what many anticipate is an imminent downgrade of the country’s sovereign-debt rating, a move that would inflict pain on a bond market already […]

July 31, 2018

At the start of 2018, many analysts we spoke to on our show were positive about European cyclicals, especially financials after what was a bumper fourth quarter for the continent’s economic data. With a strong beta to underlying growth, as […]

June 7, 2018

U.S. stocks on Thursday looked mostly on track to extend gains from the prior session partly powered by financial shares amid a shift in the outlook for tighter monetary policy in both the U.S. and Europe. What are markets doing? […]

June 1, 2018

Earlier this week, I was in Paris speaking to Traders, Heads of Desks and other people on the floor from various part of the financial ecosystem in France and Europe overall: institutional investors, asset managers, brokers, and investments banks to […]