Euro Zone
Europe Leads M&A Revival
…according to research firm Dealogic. That’s the largest tally since the fourth quarter of 2008. Europe accounted for 32% of global deal volume in the period, its highest share in nearly two years, during which the region suffered a steeper drop-off …
European Capital Limited verkoopt voor 288 miljoen euro aan degelijke AAA-klasse obligaties
…zegt Ira Wagner, president van European Capital Financial Services Limited, de submanager van European Capital. “We zijn tevreden met de samenwerking van Deutsche Bank AG aan deze tweede Europese securisatie transactie met hen”, zegt Juan Carlos Mor…
European Capital Limited annonce la vente de 288 millions d’euros de billets de première qualité cotés AAA
…agit à titre d’arrangeur et chef de file pour la syndication des billets auprès des investisseurs institutionnels. Le produit de la vente servira à refinancer deux dettes obligataires des filiales consolidées d’European Capital, soit une facilit…
Oil Has Ramped Back Up With The Euro (BNO, USO, EU)
…EU happy, traders are evidently quite pleased to see the euro dodge another looming crisis. The euro ETF (NYSE:EU) is up and the dollar is losing ground: This, in turn, has given commodities a boost. Brent crude has surged 10% — extremely quietly…
HSBC adds to sweeping bank job cuts in Europe
…round comes on top of 27,000 job losses at Lloyds since the 2008 financial crisis. Trade union Unite slammed the redundancy plans at the two British banks, saying it was “flabbergasted” by HSBC’s move. “Unite has been informed that these cuts will g…
European shares hit near-4-week high after Greek vote
…institutions would support a second Greek bailout package and look set to contribute 3.2 billion euros (S$5.7 billion), although the details still have to be finalized, Germany’s Finance Minister said. The vote and emergence of German support for a …
Greek vote lifts European shares to near-4 wk high
…market strategist at City Index. German financial institutions look set contribute 3.2 billion euros, although the details still have to be finalised, Germany’s finance minister said. The Greek vote and emergence of German financials’ support fo…
European stocks surge on Greek austerity vote
…release of the next installment of 12 billion euros of bailout funds under under its 110-billion-euro EU-IMF bailout package agreed last year. Athens faced the prospect of default in July if the bailout funds had been held back. The Greek vote w…
As Greece passes measures to avoid default, Europe works with banks on deal
…of the money would pay off private investors. Finance officials in Germany, France and other European countries have been negotiating with their local banks toward that end, and want to have those commitments largely in hand for the Sunday summit. …
One-fifth of EU budget earmarked for tackling climate change
…Caldecott, Climate Change Capital: mainstreaming is “the right way forward” Markus Trilling, EU funds coordinator for Friends of the Earth Europe and Bankwatch, said the budget “calls for European public money to be spent wisely and smartly for th…
Denmark votes on customs plan that angered Europe
…zone of passport-free travel. But it’s been sharply criticized by Denmark’s neighbors, and the EU head office in Brussels, who worry that it sends the wrong signal at a time when European nations bicker over both borders and currency. “Freedom…
Nomura boosts European high yield/leveraged finance teams
…director in early July, from Bank of America Merrill Lynch where he spent five years in European leveraged finance and restructuring. Dawson will report to Patrice Maffre and Luca Tassan, co-heads of acquisition and leveraged franchise. We welco…
Nomura boosts European high yield/leveraged finance teams
…executive director in early July, from Bank of America Merrill Lynch where he spent five years in European leveraged finance and restructuring. Dawson will report to Patrice Maffre and Luca Tassan, co-heads of acquisition and leveraged franchise….
European Stocks Sustain Rally, Led By Banks
…was set to pass a second austerity bill that will trigger a loan tranche from the European Union and International Monetary Fund. Private lenders are apparently off the hook, as the EU and IMF move to backstop Greek debt. “Above all, financial stock…
European shares hit near-4-wk high after Greek vote
…institutions would support a second Greek bailout package and look set to contribute 3.2 billion euros, although the details still have to be finalised, Germany’s finance minister said. European banks were higher, with the STOXX Europe 600 banking…
The political economy of the European sovereign debt crisis
…system heals or breaks apart. For example, this is why you hear the ECB and the banks predicting a European Lehman if Greece is allowed to default. The goal is to make the present bailout path more palatable. As I indicated on BNN, Nicolas Sarkozy h…
That Greek bank risk in New Europe, continued
…there’s something Greek and strange in your neighbourhood (bank contagion risk to sovereign credit in emerging Europe, to be precise)… …Who are you going to call? Click to enlarge. It’s a ragbag of IMF credit lines, precautionary and flexibl…
Euro Zone Inflation Stays Steady at 2.7% in June
…from the super-low levels they were reduced to during the global recession, even though the euro zone is still grappling with a severe debt crisis, notably in Greece. “May’s inflation figures are unlikely to prompt the ECB to soften its hawkish…
Conditions now in place to release Greek bailout: EU
…of financial assistance for Greece and for rapid progress on a second assistance package.” Eurozone finance ministers meet on Sunday in order to unlock the EU’s portion of the 12 billion euros that Greece is due to receive under last year’s 110-bill…
EU-South Korea’s Lucrative Trade Deal
…and Colombia, competitors are leaping ahead. A trade agreement between South Korea and the European Union will enter into force Friday, creating an estimated $30 billion in new trade of goods and services annually, potentially taking away market sha…
