Volvo Car Group has announced it intends to establish a joint venture with Swedish battery firm Northvolt to develop and produce more sustainable batteries which…

The EU executive said on Friday that eight of the 10 banks previously excluded from syndicated debt sales backing the European Commission’s Covid-19 recovery fund of…

The Pensions Regulator (TPR) of the UK has announced that French drug company Sanofi has agreed to inject an upfront payment of £37 million into…

The European Union has excluded some of the world’s most powerful investment banks with past involvement in breaches of anti-trust rules from syndicated debt sales…

Berlin-based online spectacles retailer Mister Spex announced that it plans to float on the Frankfurt Stock Exchange in the third quarter of 2021. “The IPO will…

Klarna, the Swedish “buy now and pay later” payments firm, has announced a new equity funding of $639 million. Klarna said the round was led…

Swedish battery maker Northvolt has raised $2.75 billion to expand capacity at the factory it is building in northern Sweden to help satisfy increasing demand…

Greystar Europe Investment Management B.V. announced it has closed €725 million in equity commitments into its flagship pan-European residential closed-end property fund. “The vehicle received…

The European Commission has announced plans for a European Digital Identity which will be available to all EU citizens, residents and businesses in the EU….

The European Commission announced that it estimates it will sell around €80 billion of long-term bonds in 2021, to be topped up by “tens of…

Sweden’s Volvo Group announced it plans to distribute to shareholders all of the roughly 19 billion Swedish kronor ($2.3 billion) it received from the sale of…

Deutsche Börse announced it completed the acquisition of the remaining 49% stake in Clearstream Fund Centre from UBS on June 1, becoming the sole shareholder…

The EPISO 5 opportunistic fund, advised by Tristan Capital Partners, has agreed to acquire the non-listed portfolio controlled by Summit Real Estate Holdings Ltd and…

Swiss bank Julius Baer will pay $79.7 million in a settlement with the US Department of Justice after being implicated in a corruption probe surrounding…

Icelandic State Financial Investments (ISFI) has announced that Iceland intends to launch an initial public offering (IPO) of Islandsbanki by next month and plans to…

French luxury goods group Kering announced it would sell a 5.9% stake in German sportswear company Puma via a placement to investors as it focuses on…

By Mark McSherry The European Commission has fined investment banks UBS, Nomura and UniCredit a total of €371 million for participating in a European governments bond…

The European Central Bank (ECB) said on Wednesday the surge of Bitcoin has eclipsed previous financial bubbles like the “tulip mania” and the South Sea Bubble…

Eurostar, the cross-Channel rail service dedicated to routes connecting the UK with mainland Europe, has announced a refinancing agreement with its shareholders and banks —…

Ryanair announced on Tuesday it sold a five-year €1.2 billion Eurobond at a record low coupon rate 0.875%.  Reuters reported the sale received demand of…

Dublin-based Ryanair Holdings plc on Monday announced a record annual loss of €815 million for the year to March 31, compared to a previous year…

Volvo Cars has announced it will evaluate the possibility of an initial public offering (IPO) on the Nasdaq Stockholm stock exchange later this year. The…

Copenhagen-based coatings manufacturer Hempel announced it agreed to acquire Dorset, England-based luxury paint and wallpaper company Farrow & Ball from the Los Angeles-based private equity group of…

Swedish payments firm Trustly announced it has postponed its IPO plans following comments by the country’s financial supervisory authority about the company’s due diligence process…

By Mark McSherry European Commission regulators have accused Apple of distorting competition in the music streaming market “as it abused its dominant position for the…

By Mark McSherry The European Commission said it fined Bank of America Merrill Lynch, Crédit Agricole and Credit Suisse a total of €28.49 million for…

Dutch insurance firm NN Group has announced it is considering the sale of its asset management arm, NN Investment Partners, which has around €300 billion…

The European Commission said it has fined railway companies Österreichische Bundesbahnen (ÖBB) of Austria, Deutsche Bahn (DB) of Germany and Belgium’s SNCB  a total of…

Shares of Bank of Ireland rose about 9% on Friday after it announced it is exploring the acquisition of “substantially all” of Belgian financial group KBC’s…

The European Central Bank (ECB) has published a comprehensive analysis of its public consultation on a digital euro. The analysis confirms that what the public…

The European Commission has announced it plans to borrow around €800 billion by the end of 2026 — at the rate of around €150 billion…

Veolia has agreed in principle to acquire Suez in a merger deal worth roughly €13 billion after months of bitter fighting between the two French waste and…

Columbia Threadneedle Investments parent firm Ameriprise Financial, Inc. said it signed a definitive agreement with Toronto based BMO Financial Group (BMO) to acquire its Europe,…

Swedish payments firm Trustly said on Monday it intends to list its shares on the Nasdaq Stockholm exchange in a deal that analysts said could…

The European Securities and Markets Authority (ESMA), the EU securities regulator, has published its third annual statistical report on the Alternative Investment Fund (AIF) sector,…

Norges Bank Investment Management (NBIM) has announced that Norway’s $1.3 trillion sovereign wealth fund has made its first direct investment in a renewable energy infrastructure. The fund…

The European Commission has approved plans by the government of France to grant up to €4 billion for the recapitalisation of Air France through its…

Switzerland’s Credit Suisse said on Tuesday it will take a 4.4 billion Swiss franc ($4.7 billion) writedown connected to its exposure to US-based hedge fund…

Volvo Cars has announced it will give all its 40,000 employees worldwide with at least one year’s service 24 weeks paid parental leave “at 80%…

Switzerland’s Credit Suisse has warned that its first quarter results could suffer a material impact after the bank started exiting positions after a US hedge…