Euro Financial Review

The European Central Bank (ECB) has warned that too many international investment banks continue to serve euro zone clients out of London and that the…

Global debt increased by $3.3 trillion to a new record high of over $305 trillion in the first quarter (Q1) of 2022, according to the…

The European Commission on Wednesday launched a €210 billion draft plan for how Europe can end its reliance on Russian fossil fuels by 2027. Russia…

German insurance and asset management giant Allianz has agreed to pay around $6 billion over the collapse of its Structured Alpha funds early in the Covid-19 pandemic,…

Fund companies in Germany recorded net new business of €45.1 billion in the first quarter of 2022, according to BVI, Germany’s investment funds association. Around 700…

Hydrovolt, a giant battery recycling joint venture between Swedish lithium-ion battery firm Northvolt and Norwegian aluminium maker Norsk Hydro, has started commercial recycling operations at its…

The European Commission and the European Investment Bank (EIB) have signed a “Guarantee Agreement” through which the Commission will support up to €26.7 billion of EIB…

Global real estate firm Hines announced that Hines European Property Partners (HEPP), its new diversified, open-ended “core-plus” property fund focused on key European markets, has…

Shares of EuroAPI, Sanofi’s pharmaceutical ingredients spinoff, rose on their first trading day on Euronext Paris. The issue price of EuroAPI shares was set at…

The global securities lending industry generated $828 million in revenue for lenders in April 2022, according to DataLend, the market data service of fintech EquiLend….

European Commission antitrust regulators have charged iPhone maker Apple with allegedly restricting rivals’ access to its technology used for mobile wallets. Apple now faces the…

Allied Irish Banks (AIB) announced it is has entered into exclusive discussions with NatWest Group plc for the acquisition of €6 billion of Ulster Bank…

LaSalle Investment Management said it is launching a €500 million pan-European “urban hotel aggregation strategy” via a strategic partnership with digital hotel operator NUMA Group….

Credit Suisse Group announced on Wednesday a number of major changes to its executive board and management team — including the appointment of Bank of…

Bank of Ireland announced late on Tuesday that Francesca McDonagh has informed the board of Bank of Ireland Group plc of her intention to step…

A senior European Central Bank (ECB) official on Monday launched an attack against the $1.3 trillion cryptocurrency market, comparing it to a “Ponzi scheme” and calling…

International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas has warned that a potential new multipolar world — where Europe and the US are in one system…

The European Central Bank (ECB) on Thursday confirmed its plans to end its massive bond-buying stimulus scheme in the third quarter of 2022 — as…

A European Central Bank (ECB) survey showed on Tuesday that Euro zone banks plan to sharply tighten access to corporate credit in the second quarter…

The government of Ireland has extended the sell down of its shares in Bank of Ireland for another six months after raising €532 million since last…

The Janus Henderson Sovereign Debt Index has predicted that total government debt around the world will increase 9.5% to $71.6 trillion in 2022, with the…

Hertz announced it will buy up to 65,000 electric vehicles (EVs) over five years from Polestar, the Swedish all-electric car maker controlled by Volvo Car AB and its owner Zhejiang…

Global merger and acquisition (M&A) activity in 2022 has recorded a strong start with the number of completed deals valued over $100 million in the…

Bank of Ireland Group announced that its chief strategy officer Mark Spain has been appointed group chief financial officer and executive director from March 31. Spain…

European brewing giants Heineken and Carlsberg said on Monday they will quit Russia as they join the exodus of Western companies leaving Russia following its invasion of…

The European Central Bank announced it has established or extended liquidity lines with central banks in Poland and four other countries to support them in…

Insurance giant American International Group, Inc. (AIG) and BlackRock, the world’s largest asset manager, have announced significant partnerships in which up to $150 billion of…

Deutsche Bank has nominated Yngve Slyngstad, the former CEO of Norway’s sovereign wealth fund, to its supervisory board. Slyngstad was CEO of Norges Bank Investment…

China has suffered large and “unprecedented” outflows of capital since Russia invaded Ukraine, according to the Institute of International Finance (IIF). “Something very unusual is happening…

The European Central Bank (ECB) announced on Thursday it will end most of the relaxed bank funding rules it introduced in response to the coronavirus…

The Central Bank of Ireland said it has fined BNY Mellon Fund Services (Ireland) DAC €10.8 million and reprimanded the firm for 16 regulatory breaches between…

The European Fund and Asset Management Association (EFAMA) has published its International Quarterly Statistical Release on the worldwide investment fund industry, showing that net sales of…

Credit Suisse has shaken up its board with moves that include the departure of vice chair and lead independent director Severin Schwan as the Swiss bank…

Intel has announced the first phase of its plans to invest as much as €80 billion over the next decade into the semiconductor value chain…

The European Commission said it has approved the disbursement of more than €2 billion under the Brexit Adjustment Reserve to a group of 12 member…

The European Central Bank (ECB) has accelerated the reduction in its bond-buying monetary stimulus as inflation rises amid the war in Ukraine. The ECB said…

Ireland’s gross domestic product (GDP) grew 13.5% to €428.3 billion in 2021, driven by a strong upturn in its multinational dominated sectors, according to national…

Financial market index providers MSCI and FTSE Russell are to drop Russian equities from their widely-tracked indexes — and the London Stock Exchange is suspending…

Global company dividends rose 16.8% on a headline basis to a record $1.47 trillion in 2021, with mainland European dividends rebounding 36.1% to $229.3 billion, according…

Norway’s $1.3 trillion sovereign wealth fund, the largest such fund in the world, announced it will divest its Russian assets following Russia’s invasion of Ukraine….