EUBan

New Prospects in the Italian Banking Landscape: The Banco BPM and Monte dei Paschi Merger

1 month ago

In a significant shift that could reshape the Italian banking sector, Banco BPM is reportedly in discussions to acquire a substantial stake in the ailing Monte dei Paschi di Siena (MPS). This development comes amid ongoing challenges facing MPS, one of the oldest banks in the world, which has struggled with financial troubles in recent years and is undergoing a government-backed restructuring aimed at restoring its viability.

Calls to Revise EU Bank Capital Regulations Surge Following Trump's Surprise Victory

1 month ago

In a significant turn of events, the financial landscape of Europe is bracing for change following Donald Trump's unexpected success in the recent elections. Analysts and industry leaders are now advocating for a reconsideration of the European Union's stringent bank capital requirements, envisioning more flexibility to stimulate growth and competitiveness across the financial sector.

Italy Intensifies Campaign to Overturn EU’s Ban on Internal Combustion Engine Vehicles

2 months ago

In a decisive move that underscores its commitment to automotive freedom, Italy has ramped up its efforts to revise the European Union’s controversial ban on the sale of new internal combustion engine (ICE) cars, set to take effect in 2035. The Italian government is seeking to challenge the EU’s legislative framework which has ignited an intense debate over the future of vehicle policies across the continent.

EU Banking Deals Should Rise Above National Interests, Says Ermotti

2 months ago

In a recent statement, UBS Group AG's Chief Executive Officer, Sergio Ermotti, emphasized that European banking deals must not falter due to nationalistic agendas. This plea comes as the financial landscape faces myriad challenges, particularly in the wake of global economic uncertainties and the aftermath of significant financial disruptions that have strained banking confidence.

European Banking Mergers: A Unified Approach Surpasses National Interests, Says Guindos

2 months ago

In a recent statement that has captured the attention of the financial sector, Luis de Guindos, Vice President of the European Central Bank (ECB), emphasized the importance of a cohesive European strategy regarding bank mergers. He highlighted that a collective EU approach is far superior to isolated national policies, especially in the face of evolving challenges in the banking landscape.

EU's Combustion Engine Ban Under Scrutiny: Europe's Largest Party Calls for Revision

2 months ago

The European Union's ambitious plan to ban the sales of new combustion engine cars by 2035 is now facing significant scrutiny, particularly from the European People's Party (EPP), the largest political group in the bloc. This call for a reassessment comes amid rising concerns about the sustainability of the transition to electric vehicles, especially in light of several challenges related to supply chains, infrastructure, and environmental impact.