Spain violated EU rules by meddling in banking merger, says Brussels – POLITICO
Brussels vs national capitals The Commission has been in talks with Spain over the case since last year.…
Wall Street benefits from Trump trade war with record revenue surge
Wall Street experienced a record-breaking revenue surge in the year’s second quarter, investment bank Goldman Sachs announced Wednesday…
China’s high crude Oil imports are also flowing into stockpiling – Commerzbank
China’s crude Oil imports were again strong in June: according to customs authorities, 49.9 million tons were imported,…
European results to watch post-Trump tariffs
Key Points Second-quarter earnings are set to be reported against a background of macro-economic uncertainty governed by U.S.…
Wall Street sounds alarm on Europe economy over renewed U.S. tariff threat
U.S. President Donald Trump’s threat to impose a 30% tariff on European Union goods has investment banks warning…
EU suspends US trade war countermeasures while pushing for tariff deal – POLITICO
Officials were blindsided by Trump’s surprise Saturday declaration that a blanket 30 percent tariff would be applied, and…
Japan’s top banks draw closer to art world with eye on surging market
TOKYO — The top three Japanese banking groups are getting more involved in art, hosting exhibitions to deepen…
Bank of England issues update on future of cash use in UK
The Government has said the Bank of England will ‘monitor cash acceptance’ 12:06, 12 Jul 2025Updated 14:02, 12…
Federal Reserve rebuts Trump admin renovation attacks
U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary…
Wall Street Firm Abruptly Upgrades JPMorgan and Morgan Stanley, Says Upside Scenario Now Base Case for Big Banks
Boutique investment bank KBW believes JPMorgan Chase and Morgan Stanley are primed to witness higher prices as conditions…
Russia exports less crude oil despite a hike in production target – Commerzbank
According to Bloomberg data, Russia’s seaborne crude oil exports fell to an average of 3.12 million barrels per…
Rome warns its financial giants: Italy first! – POLITICO
And foreign investors, who are typically more fickle, now hold over 30 percent of Rome’s outstanding debt, according…