Euro Financial Review

New research from Ocorian — the provider of fund administration, capital markets, corporate and fiduciary services — shows that nearly all North American fund managers…

Euroclear and BlackRock have announced a partnership to expand the distribution of BlackRock’s private market funds via Euroclear’s FundsPlace. Brussels-based Euroclear is one of the…

In a double boost for the European Union’s crackdown on big technology firms, Apple Inc. has lost its court battle over a €13 billion tax bill in Ireland…

Euronext Dublin, formerly the Irish Stock Exchange, has launched the recruitment process for the Euronext IPOready 2025 programme in Ireland. “This is the latest edition…

The European Fund Classification (EFC), a pan-European classification system of investment funds overseen by industry trade body EFAMA, has significantly expanded its coverage to reach…

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published its second risk monitoring report of 2024, setting out what…

The board of directors of the European Investment Bank (EIB) said it has backed €10.8 billion of new financing “to support renewable energy, restore degraded…

Swedish company Northvolt announced a decision to move development of its next-generation lithium-metal battery technology from California to its R&D campus, Northvolt Labs, in Västerås,…

The European Commission said it has approved, under EU State aid rules, a €5 billion German measure to support European Semiconductor Manufacturing Company (ESMC) in the…

EU member countries and the UK issued €1.019 trillion in bonds and bills throughout the first quarter of 2024, an increase of 7.4% on Q1…

Technology venture capital firm Balderton Capital has announced $1.3 billion in new funds to back European entrepreneurs. Balderton announced its $615 million Early Stage Fund IX…

Assets under management in the European fund industry increased from €14.371 trillion at December 30, 2023, to €15.382 trillion at the end of June 2024,…

French bank Societe Generale has agreed to sell its wealth management units in the UK and Switzerland to Switzerland’s Union Bancaire Privée (UBP) for about €900 million. The…

French banking giant BNP Paribas Group announced it has entered into exclusive negotiations with French insurance major AXA to acquire AXA Investment Managers (AXA IM) —…

European ETFs (exchange traded funds) raised $58.5 billion in the second quarter of 2024, an increase of 88% on the same quarter last year —…

Global index compiler MSCI has announced the launch of the MSCI Private Capital Indexes to cover the global private markets landscape. “The Indexes, constructed from…

Swiss wealth management group Julius Baer has announced that Stefan Bollinger, currently a partner at Goldman Sachs, will become CEO of Julius Baer, no later than…

The world’s largest listed companies took on $378 billion of net new borrowing in 2023-24, pushing total corporate debt up 4.9% on a constant-currency basis…

Research and consultancy firm ETFGI reported that the global ETF (exchange-traded funds) industry gathered $136.17 billion in net inflows in June 2024, bringing year to date…

Berlin-based AUTO1 Group SE, the giant digital automotive platform for buying and selling used cars, announced the successful pricing of its first-ever securitisation of German…

Axel Springer CEO Mathias Doepfner and private equity firm KKR are in talks to break up the giant Berlin-based media conglomerate, according to a report…

About 51% of all transactions in Germany in 2023 were settled using banknotes and coins, according to the Bundesbank’s latest study on payment behaviour in…

The European Commission said it has proposed an annual EU budget of €199.7 billion for 2025. “The budget will be complemented by an estimated €72 billion…

The European Union’s borrowing costs rose on Thursday as global index compiler MSCI decided to leave EU debt securuties out of its government bond indexes….

The European Investment Fund (EIF) said it has finalised agreements with eight leading banks and financial institutions in Finland to assist small and medium-sized enterprises…

The European Central Bank on Thursday confirmed a reduction in interest rates — despite lingering inflationary pressures in the euro zone. The move takes the…

Euronext, the pan-European market infrastructure, announced it has completed the acquisition of 75% of the share capital of New Zealand-based Global Rate Set Systems (GRSS),…

Global company dividends climbed to a first-quarter record of $339.2 billion, according to the latest Global Dividend Index from Janus Henderson. The firm has made…

North American fund managers are increasingly looking to raise funds in Europe as they seek to broaden their investor base, according to new research from…

Microsoft announced it will invest €4 billion in France in cloud and AI infrastructure, AI skilling and French tech acceleration, aiming to train one million…

European capital markets are facing a decline in competitiveness, particularly when compared to the United States — and need to activate long-term capital pools across…

Research and consultancy firm ETFGI has reported that assets invested in the global ETF (exchange traded funds) have surged ahead of the global hedge fund industry…

Global debt rose by $1.3 trillion to a new record high of $315 trillion — 333% of global GDP — in the first quarter of 2024,…

Foreign direct investment (FDI) into Europe declined in 2023, falling 4% compared with 2022, and has dropped to 11% lower than in 2019, just before…

Paris-based Amundi, Europe’s biggest fund manager, said on Friday its assets rose by €16.6bn in the first quarter of 2024 to €2.116 trillion, setting a new record and…

Assets under management in the European ETF (exchange traded fund) industry increased over the course of 2023 to reach a new all-time high of €1.563…

Barcelona-based cosmetics group Puig, the family business behind many brands including Charlotte Tilbury, Paco Rabanne and Carolina Herrera, is planning to list in Madrid and other…

UBS announced the sale of Credit Suisse’s securitised products business to Apollo Global Management as part of its move to shed non-core assets following its takeover…

European competition regulators announced that Alphabet’s Google, Apple and Meta Platforms will be investigated for potential breaches of the EU’s new Digital Markets Act — potentially leading to big fines…

The European Parliament has approved its proposed Artificial Intelligence Act — which it said “aims to protect fundamental rights, democracy, the rule of law and…