AMSTERDAM A limit on bankers' bonuses is putting the Netherlands at risk of missing out on luring financial services firms over from London once Britain leaves the European Union, Dutch Employers' Association VNO-NCW said on Monday.
LONDON British Prime Minister Theresa May drew closer to clinching a deal to prop up her minority government on Monday as she prepared to meet the leader of the Northern Irish Protestant party.
LONDON British Prime Minister Theresa May will clinch a deal within hours with Northern Ireland's Democratic Unionist Party (DUP) to prop up her minority government, the BBC reported.
MILAN Intesa Sanpaolo said on Monday its planned acquisition of the good assets of Banca Popolare di Vicenza and Veneto Banca could lead to the closure of around 600 branches and the departure, on a voluntary basis, of around 3,900 staff.
MILAN/ROME Italy began winding up two failed regional banks on Sunday in a deal that could cost the state up to 17 billion euros (£14.9 billion) and will leave the lenders' good assets in the hands of the nation's biggest retail bank, Intesa Sanpaolo.
LONDON The cool shade of the hills above Lisbon will offer leading central bankers an escape from the summer heat in the coming week, but there is little they can do to get away from their differing monetary policy conundrums. | Video
BRUSSELS The European Commission said on Sunday it had approved an Italian plan to wind down two ailing Veneto-based regional lenders, Banca Popolare di Vicenza and Veneto Banca, with the help of taxpayer money.
BERLIN German Finance Minister Wolfgang Schaeuble said on Sunday he was not opposed to an open discussion in parliament on the euro zone's decision to give Greece a new credit lifeline - even though internal party opposition may embarrass Chancellor Angela Merkel's conservative party just months before the election.
MILAN The board of Italy's biggest retail bank Intesa Sanpaolo has tasked CEO Carlo Messina with completing the purchase of the good assets of two ailing Veneto-based lenders, a source close to the matter said on Sunday.
ROME The Italian government will appoint special administrators for two ailing Veneto-based regional banks which are being wound down under national insolvency procedures, a source with knowledge of the matter said on Sunday.
DORTMUND/BERLIN, Germany Germany's Social Democrats (SPD) rallied behind their leader on Sunday, agreeing policies on investment, social justice and Europe that they hope will reverse a slump in opinion polls and end Angela Merkel's 12-year hold on power in a September vote.
CALAIS, France France's interior minister on Friday ruled out a new migrant reception centre in Calais and said he would deploy extra riot police to contain a new influx of people roaming the port city in search of food and shelter.
MILAN European shares rose on Monday as banks rallied after Italy reached a deal to wind up two failed regional banks and Nestle climbed to a new record after an activist investor urged changes at the consumer bellwether.