E-PaperEu Banks News
EU finance ministers strike deal on overhaul of banking capital rules
EU finance ministers reach an agreement on reforming bank capital rules, a major step to boost EU's financial stability and to agree on a backstop for its bank-rescue fund in June
1 min read25 May 2018Europe only halfway to healthier banks
Completing the eurozone banking union would be a plausible measure in preventing future crises from spreading
4 min read20 Mar 2018EU banks told to get crisis-ready by removing wind-down hurdles
Elke Koenig, head of the Single Resolution Board, says that streamlining EU banks' architecture and ensuring they can fund their own demise without taxpayers' help will be priorities in the year ahead
3 min read17 Dec 2017Europe needs to face its legacy bad loan problem
Europe needs to deal with the existing stock of non-performing loansa threat to financial stability and an obstacle to growth
2 min read30 Oct 2017Market round-up: Better outlook for oil demand in 2017
In other news, US inflation's cold streak seen ending for real; China's banks lead surge in overseas lending
2 min read13 Sep 2017What the world’s biggest bank bosses say about Brexit exodus
Both Frankfurt, given its financial ecosystem, and Dublin, with its low-tax, English-speaking location, are on the top of the lists of banks looking to set their EU headquarters out of UK
6 min read31 Jan 2017HSBC plans moving business out of UK ahead of Brexit
HSBC chairman Douglas Flint had already alerted that the bank could potentially move 1,000 British-based staff to Paris or Ireland
1 min read10 Jan 2017Brexit fears drive German bond yields to below zero
Analysts say the ongoing downward push is the result of a renewed bout of jitters about the global economy
1 min read14 Jun 2016Iran says European banks still wary of US sanctions threat
Deputy foreign minister accused lobbies in US, Israel and Saudi Arabia of stirring up animosity to prevent Iran from reaping the benefits of the nuclear deal
1 min read15 May 2016India, Iran agree to clear $6.4 billion in oil payments via European banks
Indian refiners have been holding 55% of its oil payments to Iran after a route to make payments through Turkey's Halkbank was stopped in 2013
2 min read6 May 2016Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared