Aberdeen Standard property fund in Sweden move
Edinburgh-based investment giant Aberdeen Standard Investments has expanded its Pan European Residential Property Fund (ASPER) SICAV-RAIF with the purchase of a newly constructed residential portfolio…
Edinburgh-based investment giant Aberdeen Standard Investments has expanded its Pan European Residential Property Fund (ASPER) SICAV-RAIF with the purchase of a newly constructed residential portfolio…
UPDATE 3 — Swiss Re announced on Thursday the suspension of its plans for a $4.1 billion initial public offering (IPO) of UK life insurance…
Swiss bank Julius Baer said it appointed Philipp Rickenbacher as its new CEO, effective September 1, 2019. Rickenbacher is currently Head of Intermediaries & Global…
German biotech firm BioNTech SE has completed a $325 million Series B financing round, making it one of the largest single private funding rounds for…
The European Commission (EC) on Wednesday cut its euro area GDP growth and inflation forecast for next year as it warned the near-term outlook for the…
Zurich Insurance Group has appointed its chief risk officer Alison Martin to the role of Chief Executive Officer Europe, Middle East & Africa (EMEA) and…
The German labour market will be short of up to six million people in 2040 compared to 2018, according to research by Deutsche Bank. “Even…
Deutsche Bank said on Sunday it has changed its leadership structure as part of its “radical transformation” that will involve scrapping its global equities business…
Deutsche Bank said on Sunday it will scrap its global equities business and scale back its investment bank, a move that will cut about 18,000…
European leaders have agreed on who should fill the top jobs for its main institutions after a marathon summit. France’s Christine Lagarde has been proposed…
The European Commission said on Monday it will provide €120 million to the EU’s beekeeping sector over the next three years “to support its essential role in…
Sotheby’s announced on Monday it signed a definitive merger agreement to be acquired by an entity wholly owned by French-Israeli telecom titan and art collector…
Deutsche Börse AG announced on Tuesday it will buy US risk and portfolio analytics firm Axioma for $850 million and combine it with Deutsche Börse’s…
The European Commission said it has fined Google €1.49 billion for breaching EU antitrust rules. “Google has abused its market dominance by imposing a number…
The landmark trade and investment agreements between the EU and Singapore on Wednesday received the approval of the European Parliament. Under the trade agreement, Singapore will…
The European Commission said it has fined Google €4.34 billion “for breaching EU antitrust rules.” “Since 2011, Google has imposed illegal restrictions on Android device…
The European Central Bank said on Thursday it will end its €2.55 trillion bond-purchase programme at the end of this year and said interest rates…
Deutsche Bank said on Thursday it will cut more than 7,000 jobs worldwide and “significantly reshape” its equities sales and trading business. “We remain committed…
The European Commission has proposed a 2019 draft EU Budget of €166 billion in commitments — a 3% increase on 2018 — saying it is…
Vodafone said it agreed to acquire Liberty Global’s operations in Germany, the Czech Republic, Hungary and Romania for an enterprise value of €18.4 billion. Vodafone…
Private equity investment in European companies hit a ten-year high in 2017 at €71.7 billion, a 29% year-on-year increase, according to a new report by…
The European Commission said it imposed a €124.5 million fine on Netherlands-based cable and telecommunications company Altice “for implementing its acquisition of the Portuguese telecommunications operator…
Deutsche Bank appointed Frank Kuhnke as the company’s new chief operating officer (COO) “responsible for technology and central operations, including information security, data management, digital…
The European Investment Fund (EIF) and the National Bank of Greece (NBG) have signed three guarantee agreements worth €640 million to improve access to finance…
Volkswagen said Herbert Diess will succeed Matthias Mueller as chief executive as it resolves to “extensively revise the group’s management structure. ” Volkswagen said: “The introduction…
The European Commission and the European Investment Fund (EIF) have launched a Pan-European Venture Capital Funds-of-Funds programme (VentureEU) to boost investment in innovative start-up and…
The European Union and its member states continue to be the world’s leading provider of Official Development Assistance (ODA) with an overall amount of €75.7…
Deutsche Bank has named 47-year-old retail banking specialist Christian Sewing as its new chief executive officer with immediate effect. He succeeds John Cryan, 57, who will…
Airbus has confirmed it will cut production rates for its A380 superjumbo and A400M military aircraft — putting up to 3,700 jobs at risk in France,…
Deutsche Boerse wants to win a quarter of the euro clearing market from London if the UK leaves the European Union, Deutsche Boerse’s new CEO said…
The European Commission said it has opened an in-depth investigation into the proposed $85 billion merger of industrial gases giants Linde and Praxair, saying it feared…
Europe’s biggest insurer Allianz Group said its 2017 full-year revenues rose 3% to €126.1 billion, driven by improvements in all business segments, especially asset management and life and…
The share of energy from renewable sources in gross final consumption of energy reached 17% in the European Union (EU) in 2016, double the share in…
The European Commission said EU Member States agreed on the Commission’s proposal to invest €873 million in key European energy infrastructure projects. In the electricity…
Qualcomm said it will appeal the decision of the European Commission (EC) to fine Qualcomm $1.23 billion “for abusing its market dominance in LTE (Long-Term Evolution) baseband chipsets.”…
China’s Geely Holding has agreed to buy an 8.2% stake in Swedish truck maker AB Volvo from activist investor Cevian Capital for roughly $3.3 billion. Geely…
Allianz X, the digital investment unit of Germany’s Allianz Group, announced a $96.6 million investment in BIMA, a digital microinsurer that uses mobile technology to…
French aerospace and defense giant Thales agreed to buy Dutch-French chipmaker Gemalto for €4.8 billion to create a “global market leader in the fast-growing digital security…
Sweden’s Assa Abloy, the world’s largest lock maker whose brands include Chubb and Yale, said on Monday it appointed Nico Delvaux as its new chief executive….
German residential property giant Vonovia has agreed to buy Austrian peer Buwog in a cash deal that values Buwog at up to €5.2 billion, the two companies…