Bloomberg, MarketAxess, Tradeweb in EU bond tape JV
By Mark McSherry Bloomberg, MarketAxess and Tradeweb announced they have signed a joint venture agreement to establish an independent joint venture company “for the purpose…
By Mark McSherry Bloomberg, MarketAxess and Tradeweb announced they have signed a joint venture agreement to establish an independent joint venture company “for the purpose…
By Mark McSherry Facebook owner Meta Platforms has been hit by a record €1.2 billion fine by its lead European Union privacy regulator over its handling…
By Mark McSherry Global debt stock grew by $8.3 trillion to a near-record $305 trillion in the first quarter of 2023, according to the latest…
By Mark McSherry Euronext announced that its AGM approved the reappointment of Stéphane Boujnah as CEO and chairman of its managing board for a four-year…
By Mark McSherry The European Union has approved Microsoft Corp.’s $69 billion proposed takeover of Activision Blizzard Inc — just weeks after the UK’s Competition…
US semiconductor giant Analog Devices Inc (ADI) has announced a new €630 million investment at its European regional headquarters in the Raheen Business Park in Limerick,…
Dublin-based Ryanair Holdings plc has ordered 300 new Boeing 737-MAX-10 aircraft — 150 firm and 150 options — for delivery between 2027 to 2033. Ryanair…
Tax receipts in Ireland were €24.1 billion up to the end of April, up €3 billion or over 14% on an annual basis, driven by…
By Mark McSherry The global securities finance industry generated $1.05 billion in revenue for lenders in April 2023, according to DataLend, the market data service…
By Mark McSherry Deutsche Bank agreed on Friday to buy London-based boutique investment bank Numis Corp for about £410 million in cash to unlock “a much…
By Mark McSherry The stock market value of Paris-based LVMH has reached the $500 billion mark as it becomes the first European company to achieve…
By Mark McSherry The sale of company-owned real estate across Europe, Middle East and Africa (EMEA) raised €25.6 billion in 2022 in more than 700…
Legal & General Investment Management (LGIM) and renewable energy investor NTR said they have raised €390 million in committed capital and co-investment opportunity in the…
Paris-based Amundi, the largest European asset manager, announced the launch of a “comprehensive range of Net Zero Ambition funds across the main asset classes.” A…
The European Fund and Asset Management Association (EFAMA) announced that 18 European buy-side firms including Baillie Gifford, Legal and General, Schroders, Union, Generali and Invesco…
The European Investment Bank (EIB) and illimity Bank S.p.A. have concluded an agreement worth €200 million aimed at supporting the working capital and liquidity needs of small…
A new report by a group of European business schools shows that 45% of European venture capital (VC) investments fail or do not secure returns…
European asset managers that can develop innovative private asset products for private wealth channels are set to attract significant business over the next three to…
By Mark McSherry US private equity giant KKR has announced the final closing of European Fund VI — which at $8 billion is KKR’s largest…
UBS Group announced that Sergio Ermotti is returning to the Swiss bank as chief executive officer to oversee the complicated acquisition of Credit Suisse Group….
By Mark McSherry Switzerland’s financial market regulator FINMA has defended its decision to impose huge losses on some of Credit Suisse bondholders — arguing that the decision…
By Mark McSherry Investment firm KKR said it agreed to sell its 50% stake in Spanish renewable energy company X-ELIO to its joint venture partner…
Central banks took collective action on Sunday to prevent a banking crisis from spreading as Swiss authorities persuaded UBS to buy Credit Suisse for about…
By Mark McSherry Credit Suisse said on Thursday it will borrow up to $54 billion from Switzerland’s central bank to shore up liquidity and investor confidence…
By Mark McSherry Volkswagen said it plans to invest €180 billion over five years — with 68% of the money injected into the “future fields” of…
The latest Fund Flow Index from Calastone showed that outflows from global equity funds accelerated in February. The index showed the global mutual funds industry…
Veteran private equity boss Guy Hands of Terra Firma Capital Partners Limited has warned that Brexit has not only damaged the UK’s financial services industries…
By Mark McSherry The nominal US dollar value of global debt fell by $4 trillion in 2022 to slightly below $300 trillion — the first…
The Joan Mitchell Foundation (JMF) has sent a cease and desist letter to Louis Vuitton Malletier demanding that the company immediately withdraw its print and…
Euronext and Deutsche Boerse are among 14 European stock exchange groups — who operate in 26 member states of the EU –that have announced a…
Paris-based Amundi, Europe’s biggest asset manager with €1.9 trillion in assets under management, is launching Amundi Commercial Real Estate Loans II (ACREL II), the second vintage…
The value of goods exports from Ireland in 2022 rose more than €42 billion or 26% to €208 billion, the highest level on record, according…
Alternative investment firm Summit Partners has announced the first and final closing of its newest Europe growth equity fund. Summit Partners Europe Growth Equity Fund…
The European Bank of Reconstruction and Development (EBRD) said its Trade Facilitation Programme (TFP) supported its highest ever number of transactions in a single year in 2022….
By Mark McSherry The global mutual funds industry in 2022 suffered the biggest fall in assets under management (AUM) since the global financial crisis (GFC)…
The European Investment Bank (EIB) announced it has launched its first sterling-denominated digital bond on a private blockchain, in partnership with BNP Paribas, HSBC and…
Venture Capital investment in Europe plummeted to a two-year low in the fourth quarter of 2022, amidst an environment of high inflation, rising interest rates,…
Venture capital group Highland Europe announced that it has closed its fifth fund, raising €1 billion to build on its strategy of backing the Continent’s…
UK asset manager M&G announced it has raised €578 million for its new continental European residential property strategy. M&G said it has expanded its international…
The latest EY European Financial Services Boardroom Monitor shows that European financial services firms are “responding to investor expectations” with 50% of board appointments over…