Now playing Next Economy ECB threatens fines on banks failing to integrate climate risk The European Central Bank will impose financial penalties on banks that take too long to address climate change risks in their business, a senior official has said. 14/11/2023
Now playing Next Business Can French green banks really play a role against climate change? Green neobanks, a new model of online banks, are targeting an eco-friendly clientele to weigh in on the fight against climate change. Can they really make a difference? 13/11/2023
Now playing Next Business How a cyberattack crippled the world's largest bank for hours The US unit of Industrial & Commercial Bank of China had been hit by a cyberattack, forcing it to trade via a UBS stick. 10/11/2023
Now playing Next Business Fortune 500 Europe: Which company is the biggest on the continent? Energy companies are sitting on top of the newly published Fortune 500 Europe list. 09/11/2023
Now playing Next Markets France’s Credit Agricole sees 13% revenue growth in Q3 Credit Agricole has announced a 13% growth in revenues this quarter compared to last year, but it now has allegations of money laundering to contend with. 08/11/2023
Now playing Next Markets Commerzbank profits more than tripled in Q3 German lender Commerzbank saw its net profit after tax triple compared to last year thanks to its strategic roadmap. 08/11/2023
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Now playing Next Business HSBC announces $3 billion buyback despite missing profit expectations Higher interest rates have boosted profits for Europe’s biggest bank, bringing their third-quarter pre-tax total to $7.7 billion ($6.26 billion after tax). 30/10/2023
Now playing Next Business Mixed results for European banks against difficult economic backdrop Deutsche Bank, Barclays, and Lloyds have all released their third-quarter results this week. Euronews brings you the essentials. 26/10/2023
Now playing Next Business Have European banks cashed in on deforestation and slavery? Environmental campaigners have dragged controversial investments into the spotlight, claiming that major European banks are linked to businesses that harm threatened species, engage in deforestation and other questionable environmental practices. 26/10/2023
Now playing Next Economy In spite of a recent dip, Russian banks face record profits this year High interest rates took a bite out of consumer lending and took a toll on banks' profits in September. 20/10/2023
Now playing Next Business Ex-Bank of China boss arrested on bribery charges The former chairman of the Bank of China has been arrested over corruption allegations, Chinese state media reported on Monday. 16/10/2023
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Now playing Next Business Société Générale to halve oil and gas exposure by 2025 In addition to the 2025 target, the bank said it plans to cut its upstream oil and gas exposure by 80% by 2030. 18/09/2023
Now playing Next Ireland Free cash rumours lead to queues outside banks in Ireland A technical fault with bank machines allowed people with no money to withdraw funds. 16/08/2023
Now playing Next Italy European stocks dip as Italy hits banks' profits with 40% windfall tax European shares dropped on Tuesday morning as the market considers a new tax introduced by the Italian government targeting extra profits. 08/08/2023
Now playing Next United Kingdom Chief executive of UK's NatWest bank quits in row over Nigel Farage The boss of one of Britain's biggest banks has resigned after the Brexit-backing politician accused it of closing his account unfairly. 26/07/2023
Now playing Next world news Euroviews. Ethical and sustainable banks need the EU to level the playing field The recent provisionally agreed compromise resulting from the trilogues will hopefully lead to some steps being taken towards improving proportionality for small and non-complex banks, Daniel Sorrosal writes. 19/07/2023
Now playing Next Euronews Tech Talks This is the Swiss canton from which crypto is landing in Europe Cryptocurrency has been talked about for years. You might even know someone who has invested in Bitcoin or one of the thousands of other ‘cryptos’ that exist. But has cryptocurrency and its blockchain technology fully landed in Europe? 12/07/2023
Now playing Next world news Euroviews. EU taxpayers' money still spends the night in climate-unfriendly banks It is imperative that the EU develops a capital allocation strategy that moves its cash towards ethical and sustainable banks, Marilyn Waite writes. 05/07/2023