German central bank losses soar, wiping out risk provisions
Joachim Nagel, president of Deutsche Bundesbank, during the central bank’s “Annual Report 2023” news conference in Frankfurt, Germany,…
Bundesbank sees years of losses ahead, but thinks the worst is over – POLITICO
Nagel stressed that the Bundesbank’s balance sheet was “solid” and said he sees no need to ask the…
HSBC’s third-quarter profit drops 14%, beats estimates
Two HSBC bank logos are displayed on an office building in Mexico City, Mexico, July 25, 2025. Henry…
Corruption, mismanagement in spotlight as Iran dissolves major private bank | Corruption News
Tehran, Iran – Authorities have merged one of Iran’s largest private lenders into the country’s biggest state-run bank…
Slovakia lifts veto on latest Russia sanctions – POLITICO
Earlier this week, energy ministers from 27 member countries agreed by qualified majority to a landmark phaseout of…
Bundesbank reassures banks on concerns over capital reform proposals – POLITICO
“There are some institutions relying on AT1 capital in ‘going-concern’ concepts. They would have to adapt,” Michael Theurer,…
EU closes in on deal to use Russian frozen assets to fund Ukraine – POLITICO
In preparation for the meeting, EU ambassadors informally agreed draft European Council conclusions seen by POLITICO that call…
European Markets Rebound Amid Eased Concerns and Strategic Moves
European shares experienced an upswing on Monday, as worries over the stability of the U.S. banking sector…
U.S. jury issues $20 million verdict against France’s largest bank over Sudanese atrocities
A federal jury in New York has issued a nearly $21 million verdict against France’s largest bank for…
ECB union sues bank over attempts to silence union reps – POLITICO
These letters constitute “an unlawful interference” with basic freedoms guaranteed by the EU Charter of Fundamental Rights and the…
EU countries move to pull plug on Russian gas to Hungary and Slovakia – POLITICO
In fact, the two countries are steadily increasing their fossil fuel payments to Moscow, according to Isaac Levi,…
Regulators toss out rules requiring banks to prepare for climate change
Michelle Bowman, vice chair for supervision at the US Federal Reserve, during the Federal Reserve Board Community Bank…