Finance

BERLIN, June 17 (Reuters) – Germany’s Deutsche Bank (DBKGn.DE), opens new tab is buying a 1.67 billion euro ($1.79 billion) aviation loan portfolio from lender NordLB for an undisclosed price, the banks announced on Monday. Germany’s largest lender won a bidding process […]

SANTANDER, Spain, June 17 (Reuters) – Spain’s BBVA sought on Monday to ease concerns about its 12.28 billion euro ($13.15 billion) bid for smaller rival Sabadell by saying it would continue Sabadell’s lending arrangements with its small and medium-sized business […]

HONG KONG, June 17 (Reuters) – Hong Kong investment products such as insurance and high-yield time deposits are seeing resurgent demand from wealthy Chinese who are aiming to shield returns from a domestic economic and property sector downturn and also […]

A tough new raft of U.S. sanctions sent jitters rippling through the Russian financial system Thursday and forced Moscow’s main financial trading platform to halt dollar and euro transactions, further raising the cost of President Vladimir Putin’s war against Ukraine. […]

MADRID, June 14 (Reuters) – Microsoft (MSFT.O), opens new tab plans to invest 6.69 billion euros ($7.16 billion) to develop new data centres in Spain’s northeastern region of Aragon, which is becoming a major cloud computing hub within Europe. Aragon’s regional government […]

The availability of financial support and engagement with stakeholders are the top decarbonisation challenges faced by Hong Kong firms even as they report substantial reductions in harmful emissions, according to signatories to the Business Environment Council’s net-zero carbon charter. The main barriers […]

PARIS, June 13 (Reuters) – BNP Paribas (BNPP.PA), opens new tab, the euro zone’s biggest lender, and French rival BPCE plan to form a joint venture in the payments sector, the two companies said on Thursday. They will compete against Nexi (NEXII.MI), […]

LONDON, June 14 (Reuters) – French markets endured another brutal sell-off on Friday, as political uncertainty unleashed the biggest weekly jump in the premium investors demand to hold French government debt since 2011 and bank stocks tumbled. France’s Finance Minister Bruno Le […]

une 12 (Reuters) – British Prime Minister Rishi Sunak will announce up to 242 million pounds ($309.69 million) in bilateral assistance to Ukraine in the G7 summit, his office said on Wednesday, to support immediate humanitarian, energy and stabilisation needs […]