Europe

Weekly Global News Wrap: UniCredit doubles stake in Alpha; US banks eye crypto

And the American banking industry reported $70.6b in profits for Q1 2025.
6 days ago

Japan’s JCB partners with PayXpert to expand card acceptance in Europe, UK

Card acceptance on POS terminals will be enabled at no additional cost.

Weekly Global News Wrap: Citi faces $1b Oceanografia lawsuit; Unicaja denies Sabadell merger rumors

And Commerzbank is gearing up to execute its strategy as a standalone bank.

Weekly Global News Wrap: BNY Mellon mandates 4-day office rule; EU weighs UniCredit bid

And Warren Buffet will step down as chief of Berkshire Hathaway by the end of 2025.

ING’s net profit down 7.8% to $1.64b in Q1 2025

Its full-year 2025 targets remain the same.

Nomura to buy Macquarie's US and EU asset mgmt business for $1.8b

Nomura’s AUM is expected to be $770b after completion of the sale.

Mizuho Financial Group launches universal bank in Europe

Mizuho Bank Europe merged banking and securities services of two subsidiaries.

BNP Paribas names Marc Camus as chief information officer

Camus will oversee the bank’s IT strategy and IT System security.

Weekly Global News Wrap: UBS mulls HQ shift; Sabadell demands gov’t transparency

And France’s Credit Mutuel Alliance Federale is buying Oldenburgische Landesbank.

Weekly Global News Wrap: Piraeus buys 90% of Ethniki Insurance; BBVA SA seeks double CIB revenue

And the world’s leading climate coalition seeks new members as it overhauls rules

DBS launches financing, hedging solutions for EU ETS climate obligations

EU ETS is the world’s first carbon emissions trading scheme.

Japan’s SMBC sets up private credit fund in Europe

The fund will focus on loan investments to middle market businesses.

BNP Paribas, Ant Int’l ink MOU to enhance cross-border payments

The MOU includes the further development of Ant’s Whale platform.