Europe

Results for Europe

Europe Bank Stress Test Should Focus on Progress Made, EBA Head Says

The focus of the coming European bank stress test shouldn't be on the number of banks that fail it, but rather the changes that banks have already undertaken to make themselves stronger, said the head of Europe's banking watchdog Tuesday, The ...

Daily Headline - global.abi.org - 09/30/2014 - 23:03 - 0 comments

R.B.S. Expects Fewer Charges for Bad Loans in 2014

The Royal Bank of Scotland said Tuesday that its outlook continues to improve as the British lender benefits from further declines in charges for bad loans, the International New York Times DealBook blog reported. The bank, which is 81 percent owned ...

Daily Headline - global.abi.org - 09/30/2014 - 23:04 - 0 comments

Nickel Miner Talvivaara Gets Debt Cut Plan, Still Lacks Financing

Tuesday proposed Talvivaara's unsecured debts of around 1.4 billion euros ($1.8 billion), including ...

Daily Headline - global.abi.org - 09/30/2014 - 23:06 - 0 comments

ECB Considering Rules to Allow Purchase of Certain Greek, Cypriot Securities

reported. The ECB is due to release full details of its ABS plan, which was first disclosed on Sept. 4 as ...

Daily Headline - global.abi.org - 09/30/2014 - 23:07 - 0 comments

FlyRomania Files For Insolvency

FlyRomania (X5, Bucharest Otopeni) has filed for insolvency with a Bucharest court. A filing seen by ch-aviation has now called for all creditors to lodge claims with the airline's interim trustee, Dinu Urse Associates, with the deadline for submiss ...

Daily Headline - global.abi.org - 09/29/2014 - 21:12 - 0 comments

Lloyds Sacks 8 Staff And Claws Back Bonuses In Rates Inquiry

The Lloyds Banking Group said today that it had terminated the contracts of eight individuals and clawed back about £3 million in bonuses after its settlement of inquiries into the manipulation of global benchmark interest rates, the Irish Times repo ...

Daily Headline - global.abi.org - 09/29/2014 - 21:13 - 0 comments

U.K. Finance Chief Proposes Cutting More Public Spending

U.K. Treasury chief George Osborne said Monday that the Conservative Party would cut billions of pounds more of public spending to tackle the deficit, part of a tough-on-the-economy message the party hopes will win over voters in the 2015 general electio ...

Daily Headline - global.abi.org - 09/29/2014 - 21:13 - 0 comments

Air France, After Strike, Faces New Uncertainty

After a two-week pilots' strike that inconvenienced nearly a million passengers and caused Air France to lose an estimated 280 million euros, the airline was slowly returning to the skies on Monday, the International New York Times DealBook blog ...

Daily Headline - global.abi.org - 09/29/2014 - 21:14 - 0 comments

Charges Filed Against Former Hypo Real Estate Managers

government supplied 9.8 billion euros, or $12.4 billion, in capital and issued €124 billion in guarantees for ...

Daily Headline - global.abi.org - 09/29/2014 - 21:14 - 0 comments

Isle Of Man’s Archaic Insolvency Laws Must Change, Says Deemster

A deemster has criticised the island’s ‘archaic and confusing’ insolvency laws, Isle of Man Today reported. Deemster Alan Gough made the comments as he delivered judgment in the case of a company owned by a Nigerian oil tycoon whose high profile divo ...

Daily Headline - global.abi.org - 09/28/2014 - 21:04 - 0 comments

Syndicate content