Credit Suisse chair Horta-Osorio quits amid probe
Credit Suisse Group said its chairman Antonio Horta-Osorio has resigned “following an investigation commissioned by the board” amid questions about his alleged quarantine breaches. Horta-Osorio had…
Credit Suisse Group said its chairman Antonio Horta-Osorio has resigned “following an investigation commissioned by the board” amid questions about his alleged quarantine breaches. Horta-Osorio had…
Ireland’s National Treasury Management Agency (NTMA) announced it raised €3.5 billion through the syndicated sale of a new 10-year benchmark Treasury Bond maturing in October…
Helsinki-based Nordea Bank Abp — the Nordic region’s biggest bank — announced late on Thursday it plans to hire former Royal Bank of Scotland CEO…
Ireland’s National Treasury Management Agency (NTMA) said it has mandated BNP Paribas, Cantor Fitzgerald Ireland, Citi, Danske Bank, J.P. Morgan and Morgan Stanley to sell…
Over €2 billion was invested in the Irish property market in the last quarter of 2021, bringing full-year activity to €5.5 billion — the second highest level…
Ryanair has confirmed that it will close its Frankfurt am Main base on March 31, 2022, and “has reallocated these five aircraft to airports that have…
French bank Societe Generale announced its car leasing division ALD has agreed to buy Dutch rival LeasePlan for €4.9 billion in shares and cash from a consortium led…
By Mark McSherry Scottish businessman and investor Jim Rowan is to join Volvo Cars on March 21, 2022, as CEO & President, the company said. Rowan,…
German energy giant Uniper has secured credit facilities worth up to €10 billion from its Finland-based majority shareholder Fortum and German state bank KfW in a…
The global securities lending industry generated $9.28 billion in revenue for lenders in 2021, according to DataLend, the market data division of EquiLend. The figure…
US-based CBRE Investment Management has agreed to acquire a 28.4 million square-foot portfolio of logistics properties in the United States and Europe valued at $4.9…
The European Investment Bank Group (EIB), its European Investment Fund (EIF) and Basque bank BBVA are joining forces to support the working capital and liquidity…
New York-based private equity firm 3G Capital has agreed to buy a controlling interest in Dutch window coverings and architectural products giant Hunter Douglas NV….
Assets under management (AuM) in the European fund management industry continued to rise in 2021 and reached an estimated €31.3 trillion at the end of September,…
Northvolt announced that its new gigafactory in Västerås, northern Sweden, has assembled its first lithium-ion battery cell, making it the first European company to design and manufacture…
The European Investment Bank (EIB) announced it has signed a finance agreement with the Ministry of Economy and Finance to create a Fund of Funds…
Norway’s Aker BP is set to become Europe’s largest independent oil producer after agreeing a roughly $14 billion shares and cash deal to take over…
Ireland’s Minister for Finance Paschal Donohoe has announced his intention to sell part of the Irish State’s 71.12% directed shareholding in AIB Group Plc over…
France’s BNP Paribas said it has reached an agreement to sell its San Francisco-based Bank of the West to Bank of Montreal — also known as…
The European Investment Bank (EIB) announced that it estimates its new issuance for 2022 will be €45 billion. The EIB is the long-term lending institution of…
Germany’s Adidas has announced it will launch a multi-year share buyback program. Starting in January 2022, the company plans to buy back shares of up…
Investors in European stocks will have to “navigate a more challenging landscape” in 2022 after a “remarkable year” in 2021 — but big opportunities can still be…
Ireland’s National Treasury Management Agency (NTMA) said it plans to issue €10 billion to €14 billion of bonds over the course of 2022. This represents…
Credit Suisse Group announced a number of appointments to its executive board — including the return of Francesco De Ferrari to the group as CEO of…
Switzerland’s Nestlé SA announced it will cut its stake in L’Oréal from 23.3% to to 20.1% by selling shares worth €8.9 billion back to the…
ARA Europe, through its platform ARA Dunedin, has completed its acquisition of the European real estate investment management business of InfraRed Capital Partners. The transferred…
The European Commission announced it will allocate €920.4 million to Ireland from its Brexit Adjustment Reserve. The Commission said Ireland is the biggest beneficiary of…
German insurance and asset management giant Allianz said on Friday its Allianz Life subsidiary is entering into a reinsurance agreement with affiliates of Sixth Street, including…
By Mark McSherry The European Commission announced it has fined UBS, Barclays, RBS, HSBC and Credit Suisse a total of €344 million “for participating in…
Airbus said on Wednesday that ITA Airways, Italy’s new national carrier, has firmed up an order with for 28 aircraft including seven A220s, 11 A320neos…
Sweden’s Ericsson said it has agreed to buy New Jersey-based cloud communications giant Vonage for $21 per share or $6.2 billion in cash to “expand its…
Dublin-based Ryanair on Friday announced it will cancel its listing on the London Stock Exchange as it moves to comply with EU ownership rules following Brexit. Ryanair…
Investment manager Nuveen Real Estate has partnered with Eagle Street Partners and Australian pension fund HESTA to acquire its first Dublin build to rent (BTR)…
By Mark McSherry Alphabet’s Google has lost an appeal against a €2.42 billion fine from the European Commission over competition concerns. EU Competition Commissioner Margrethe Vestager…
The government of Ireland on Friday extended the sell down of its shares in Bank of Ireland by four months to May 2022, after raising…
Basel, Switzerland-based pharmaceuticals giant Novartis has agreed to sell its stake in Roche back to its cross-town rival for $20.7 billion — bringing a 20-year…
Real estate investor Round Hill Capital announced a new joint venture with Canada Pension Plan Investment Board (CPP Investments) which is targeting assets in excess…
Dublin-based Ryanair said on Monday it is considering delisting from the London Stock Exchange in the coming months due to a fall in trading volumes there…
Shares of Volvo Cars soared on their Nasdaq Stockholm stock market debut on Friday after the firm completed one of Europe’s biggest IPOs of the…
The European Central Bank (ECB) said on Thursday its governing council continues to judge that favourable financing conditions can be maintained with “a moderately lower…