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Europe News

'Turning point': EU and UK strike deal to boost financial cooperation

The European Union and the United Kingdom on Tuesday signed an agreement, long-awaited for by London, to boost cooperation on financial services.

27/06/2023

World News

Euroviews. The EU has excluded leading banks from shaping sustainable finance

It’s time to take sustainable banks seriously by including them in the sustainable finance agenda and providing them with platforms to express their views in all EU financial decision-making and advisory bodies, Tom Cummings writes.

22/06/2023

France

Climate protest in Paris ahead of finance summit

Activists have transformed the Eiffel Tower into an apparent wind turbine to send a message to leaders ahead of a summit on helping developing nations meet the financial challenges of climate change.

21/06/2023

Climate

Six months on from COP27, what has - or hasn’t - been achieved?

Vital groundwork is being laid for the loss and damage fund. But 43 billion barrels worth of oil fields are set to be approved this year.

12/05/2023

Money

JPMorgan to take over deposits of troubled First Republic Bank

After Silicon Valley Bank and Signature Bank, First Republic is the third midsize bank in the US to fail in just two months.

01/05/2023

Economy

After market turmoil, EU revamps rules for bailing out mid-size banks

The latest proposal from the European Commission comes on the heels of financial turmoil caused by the collapse of three US banks.

18/04/2023

Money

First Citizens Bank to buy collapsed Silicon Valley Bank

All of SVB's deposits and loans will be taken over by its rival First Citizens Bank, US regulators said late on Sunday.

27/03/2023

Economy

EU leaders insist eurozone is 'resilient' as Deutsche Bank plunges

Financial markets have been rocked since the collapse of Silicon Valley Bank and the government-brokered takeover of Credit Suisse.

24/03/2023

Climate

Rocking chair rebellion: Why older Americans are set to blockade banks

Orchestrated by Third Act, the first mass climate action from older US citizens will target ‘the big four’ US banks.

20/03/2023

Economy

ECB ready to preserve 'as necessary' the eurozone's stability: Lagarde

Christine Lagarde's comments come in the midst of persistent turmoil across Europe's banking sector.

20/03/2023

Money

Silicon Valley Bank's collapse reignites debate on crypto benefits

The Silicon Valley Bank collapse shows cryptocurrency and blockchain are superior technology for running the financial system, say crypto advocates.

16/03/2023

Europe News

EU should 'stay alert' after Silicon Valley Bank collapse: McGuinness

"Higher inflation and rising interest rates present different challenges to financial stability," said European Commissioner Mairead McGuinness.

15/03/2023

Money

How is Europe dealing with the Silicon Valley Bank collapse fallout?

The collapse of SVB, the biggest bank failure since 2008, has reverberated around the world. What is being done to limit the fallout?

13/03/2023

Money

HSBC to buy the UK subsidiary of collapsed Silicon Valley Bank

HSBC has agreed to acquire the UK subsidiary of Silicon Valley Bank for just £1 (€1.13) in a bid to protect the country’s tech sector.

13/03/2023

Climate

Revealed: The European cities most at risk from climate damage

One Scottish county is forecast to have its climate change damage risk triple by 2050 from 1990, the biggest jump in Europe.

22/02/2023

Climate

These are the UN chief's top climate priorities in 2023

Secretary-General António Guterres is calling for an end to the “bottomless greed of the fossil fuel industry" this year.

06/02/2023

Travel News

This European airline has cancelled all flights after going bust

The airline says weak financial markets and uncertainty over demand for air travel left it cash-strapped.

01/02/2023

United Kingdom

UK Conservative party chairman fired after inquiry into tax affairs

Pressure had been building on Nadhim Zahawi amid allegations he settled a multimillion-euro unpaid tax bill while he was in charge of the UK Treasury.

29/01/2023

Money

Four apps to help you keep track of your spending

In low spirits because of high prices? Here are some tips to track your expenses and stick to your budget.

23/01/2023

Green News

Loss and damage: Nearly €8bn pledged for Pakistan flood recovery

UN Secretary-General Antonio Guterres said the decision made in Sharm el Sheikh in November must be implemented.

09/01/2023