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The Big Question

The Big Question: Why is it so hard to prevent terrorist financing?

The Chief Financial Economic Crime Officer at Rabobank tells The Big Question’s Hannah Brown: “Behind financial crime, you have crime - drug addiction, terrorist financing and modern slavery. And this money has to enter into the system.”

18/12/2023

Economy

French banks ploughing billions into green and sustainable loans

French banks have doubled the amount of green and sustainable loans given out in 2022, reaching a total of €216 billion, as announced by the Banque Populaire Caisses d'épargne (BPCE) Chairman Nicolas Namias.

30/11/2023

Business

What's gone wrong for Metro Bank and will Barclays save it?

Metro Bank shareholders have voted to back a rescue deal aimed at securing its future as Barclays engages in exclusive negotiations to acquire the group's residential mortgage book.

28/11/2023

Economy

EU court upholds anti-bailout banking rules for Spain's Banco Popular

Judges ruled against investors who lost billions, in the first test of controversial banking laws

22/11/2023

Climate

ECB berates proposed EU bank carveout from corporate due diligence law

Plans to exclude finance from EU environmental due diligence legislation aren’t going down well with supervisors in Frankfurt

14/11/2023

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

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

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

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

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

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

Business

EU seeks to make 10-second instant bank payments a reality

A legal deal struck late Tuesday could put an end to long waits to transfer money across borders

08/11/2023

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

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

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

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

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

Tech News

AI will surpass human intelligence in a decade - Softbank CEO

Masayoshi Son, CEO of Japan's Softbank, has urged Japanese companies to adopt it or risk falling behind progress.

05/10/2023

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

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