Euro Financial Review

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…

Deutsche Bank has announced a major reorganisation of its management board involving a number of changes including a new contract for CEO Christian Sewing that runs…

UK-based insurer Aviva said on Friday it agreed to sell its entire shareholding in Aviva Poland to Germany’s Allianz for €2.5 billion in cash, completing a programme…

CTP NV, an owner and operator of logistics parks in Central and Eastern Europe, said on Thursday it priced shares in its initial public offering…

French supermarket giant Carrefour announced it will buy Brazil’s third-biggest food retailer Grupo BIG from Walmart and investment firm Advent International in a deal that…

The European Commission has cleared, with conditions, EssilorLuxottica’s €7.2 billion acquisition of Dutch eyewear retailer GrandVision after the Ray-Ban maker agreed to sell more than 300…

The European Central Bank bought €21.1 billion of bonds under its pandemic emergency purchase programme (PEPP) in the week to March 17. That’s an increase…

Finland’s Nokia on Tuesday announced plans to cut up to 10,000 jobs as it moves to reset its cost base and invest in R&D and…

The European Union on Monday launched legal action against the UK for unilaterally changing trading arrangements for Northern Ireland that the EU argues breach the…

The market value of Dublin and San Francisco-headquartered digital payments giant Stripe has soared to $95 billion with a round of funding that took it…

Davy, Ireland’s largest stockbroker, has put itself up for sale, the firm said late on Thursday. The move follows a record Central Bank of Ireland fine…

The European Central Bank (ECB) pledged on Thursday to accelerate the pace at which it buys government debt securities over the next three months to contain the rising…

Dublin-based aircraft leasing giant AerCap Holdings N.V. announced it entered a definitive agreement with General Electric to acquire GE Capital Aviation Services (GECAS) in a deal worth…

Ireland’s National Treasury Management Agency (NTMA) has dropped Davy Stockbrokers as a primary dealer in Irish government bonds following a record Central Bank of Ireland fine…

Volvo Cars announced it plans to become a fully electric car company by 2030 — and will phase out any car in its global portfolio with…

The latest data from the EY Financial Services Brexit Tracker shows that UK financial services firms continue to move jobs and assets to the EU…

Paris-based multinational food and drink company Danone said on Monday its board voted to separate the chairman and chief executive roles held by Emmanuel Faber…