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Austria

Austrian cash machine dispenses €50 instead of €20 notes, 84 face jail

An employee improperly filled in the cash machine resulting in the mix-up.

Belgium

Billions of Libyan assets mishandled by Belgian banks

An investigation is underway into Belgian banks billions of Euro are missing which belonged to the desceased Libyan strongman Mummar Gaddafi. This comes after Belgian authorities were accused of paying out interest and dividends on Libya’s frozen bank accounts.

Economy

ECB's Mersch unveils new 100 and 200 euro banknotes

Yves Mersch, member of the ECB's Executive Board, unveiled the new 100 and 200 euro banknotes on Monday (September 17), saying they were more secure than the old version and easier to handle.

World

What does the future of the Islamic economy look like?

As old as the religion itself, Islamic banking has reached new levels of maturity in the past fifty years. It is forecast to be worth 3 trillion dollars by 2021 with Malaysia, Saudi Arabia and the UAE currently leading the market.

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United Kingdom

U.K. Government sells RBS shares for huge loss

U.K. Government has sold 7.7 percent of its RBS shares at half the price they bought them for

Economy

UniCredit and Societe Generale shares soar after merger report

Financial Times reports that the Italian and French banks are exploring a merger

Economy

EU agrees on new banking regulations

Finance ministers of the 28 EU countries reach agreement

USA

U.S. Congress votes to ease banking restrictions

Critics fear the move will lead to a repeat of reckless lending by bankers

Germany

Deutsche Bank accidently makes €28 billion transfer

Deutsche Bank has blamed an 'operational error' for the accidental transfer of a whopping €28 billion.

World News

Which European banks do the most to stop climate change?

Leading European banks have pledged to reduce financing of “extreme” fossil fuels, but who is sticking to their commitments?

Real Economy

What is being done to strengthen Europe's banks?

European banks are safer today because they follow a single rule book. Now we need to create a safety net to protect taxpayers if trouble strikes.

Latvia

Latvia Central Bank governor detained by anti-graft agency

There are calls for Ilmars Rimsevics to temporarily step down from his post while an inquiry takes place.

Europe News

Flaws remain in euro zone banking oversight

Ever since the 2008 financial crisis, the largest banks in the eurozone are closely supervised by the European Central Bank. But a new report from the European Court of Auditors says there's still room for improvement - particularly when it comes to crisis management.

Denmark

Denmark’s elderly are EU’s online banking trailblazers

Four-in-five of Denmark’s over-65s say they use online banking — far more than their peers elsewhere in the bloc.

Moldova

Moldova's president rejects court move to strip his powers

Moldovan President Igor Dodon has accused the Constitutional Court of being "undemocratic" after it voted to temporarily remove his powers

Europe News

Amsterdam to host European Medicines Agency

The Dutch city tied with Milan in a vote that was then decided by the drawing of lots, diplomatic sources said.

World News

Decision day for EMA and EBA

With Brexit looming, the EU is deciding where to house two key European agencies.

Economy

China's economy grows 6.8% amid warnings over debt levels

Economy

What next for Catalonia's businesses?

Banco de Sabadell and CaixaBank among a string of companies moving out of the region.

Spain

Spain’s Caixabank and Gas Natural quit Catalonia

Spain’s Caixabank and Gas Natural quit Catalonia