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Lagarde Backs Bank Mergers
ECB Chief Backs Bank Mergers Amid UniCredit, Commerzbank Talk
ECB chief Christine Lagarde said Monday that cross-border banking mergers in Europe were "desirable" to boost their competitiveness, despite mounting German opposition to a potential tie-up between Commerzbank and Italy's UniCredit.
ECB's Lagarde praises bank mergers as UniCredit courts Commerzbank
Mergers between European banks are "desirable" if they help them compete with their U.S. and Chinese rivals, European Central Bank President Christine Lagarde said on Monday, as Italy's UniCredit pressed for a tie-up with Germany's Commerzbank .
Lagarde Backs Bank Mergers as ECB Prepares for UniCredit Verdict
European Central Bank President Christine Lagarde reinforced her support for international banking tie-ups in the euro zone, saying they can produce many upsides including a greater ability to compete with foreign rivals.
EU Cross-border Banking Mergers 'Desirable': ECB's Lagarde
European Central Bank President Christine Lagarde said Monday that cross-border banking mergers in Europe were "desirable" to boost their competitiveness, as Italy's UniCredit eyes a tie-up with Germany's Commerzbank.
11h
Eurozone economy is facing ‘headwinds,’ European Central Bank’s Lagarde says
The European economy is facing headwinds amid subdued activity in the region’s manufacturing base, ECB President Christine ...
Business Recorder
13m
European shares end lower as automakers weigh
European auto stocks were at the helm of losses, down 4% with Milan-listed shares of Stellantis NV sliding 14.7% after Europe ...
FINANCIAL SENSE
5h
Central Banks Shock Investors
This month, central banks surprised investors with a series of policy changes aimed at easing their previously restrictive ...
Cryptopolitan on MSN
6d
European Central Bank campaigns for digital euro adoption
The European Central Bank (ECB) is pushing for the adoption of digital euro stressing it will bolster Europe’s ...
4d
European Central Bank is likely to cut once more in December
Our central scenario still has the ECB holding its deposit rate at 3.5 per cent in October and cutting to 3.25 per cent in December, but we have recalibrated the probability of back-to-back cuts in ...
The Gazette
2d
European shares skid, China stocks surge
German inflation and retail sales are due later on Monday, while
European
Central
Bank
President Christine Lagarde ...
5d
on MSN
European markets edge lower as China stimulus rally fades; Sweden's central bank cuts rates
European stocks were slightly lower Wednesday, paring gains from the previous session on the back of Chinese stimulus ...
20h
European Shares Poised For Mixed Open
European stocks may open on a mixed note Monday as investors watch the latest geopolitical developments in the Middle East and await ...
22h
Investors pounce on ‘once in a decade’ trade in European property bonds
Credit investors believe they have found a “once in a decade” trade in the beaten-down bonds of European residential property ...
13d
on MSN
European stocks set to open higher with central bank decisions in focus
LONDON — European stocks are set to open higher Tuesday, as upcoming central bank meetings remain in focus. The FTSE 100 was ...
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