MADRID (Reuters) – The head of supervision at the Bank of Spain said it was too early to measure the impact from the new U.S. tarrifs but said European supervisors were continuously monitoring the situation and had not found any impact for now on European lenders’ liquidity. “There is maximum uncertainty, vigilance on the part …
By Alberto Chiumento and Alessandro Parodi (Reuters) – Italy’s five listed asset managers reported combined net inflows of 3.69 billion euros ($4.04 billion) in March, up from 2.98 billion euros in the same month of 2024. To assess the impact of the current trade-war-driven rout in global stocks it will be necessary to wait until …
Italian asset managers’ net inflows up 24% y/y in March before market sell-off Read More »
LONDON (Reuters) – Bank of England Deputy Governor Clare Lombardelli said on Tuesday that it was still too soon to judge the inflation impact for Britain of U.S. President Donald Trump’s tariffs amid ongoing responses from other countries. Growth was likely to be hurt by tariffs, while the BoE would look more closely at the …
BoE’s Lombardelli says it is still too soon to judge inflation impact of US tariffs Read More »
By Elvira Pollina and Giuseppe Fonte MILAN/ROME (Reuters) – KKR-backed fibre optic telecoms firm FiberCop has told the Italian government it is ready to take over the work assigned to rival Open Fiber to speed up a European Union-funded fibre network rollout plan, a letter seen by Reuters showed. The request highlights the difficulties Italy …
KKR-backed FiberCop ready to replace rival in Italy’s lagging EU-funded fibre plan Read More »
(Reuters) – British stocks ended higher on Tuesday, rebounding from a hefty selloff in the previous session, amid hopes that the U.S. might soften its stance on some of its aggressive import tariffs. The blue-chip FTSE 100 rose 2.7%, its biggest daily jump since March 2022, recovering from its lowest close in more than a …
British stocks notch strongest session since 2022 on hopes for tariff negotiations Read More »
(Reuters) -Spain’s Santander is exploring options for its roughly $8 billion (7.3 billion euro) majority stake in its Polish unit, including a potential sale, Bloomberg News reported on Tuesday, citing people familiar with the matter. Santander shares closed up around 5% as other European banking stocks recovered from recent drops. Meanwhile, shares of the …
Santander considers options for $8 billion stake in Polish unit, report says Read More »
By Kate Abnett BRUSSELS (Reuters) – The European Union could consider aggregating its member countries’ demand to buy U.S. liquefied natural gas, as part of negotiations with President Donald Trump to try to avert a trade war, Lithuania’s energy minister told Reuters on Tuesday. When EU ministers met on Monday to consider the bloc’s response …
EU could aggregate demand for US gas as part of trade talks, Lithuania says Read More »
(Reuters) – Asset manager Janus Henderson will manage Guardian Life Insurance’s $45 billion investment-grade public fixed-income portfolio, the companies said in a statement. Insurance companies have turned to Wall Street firms to invest the premiums they collect from their clients, hoping asset managers will strike higher returns from the market. As part of the agreement, …
Janus Henderson to manage insurer Guardian’s $45 billion public fixed-income portfolio Read More »
(Reuters) – UniCredit’s Romanian unit has signed a synthetic securitisation agreement with the European Bank for Reconstruction and Development (EBRD), the Italian bank said on Tuesday. The securitised portfolio, valued at around 775 million euros ($848.86 million), consists of small and medium-sized enterprises (SMEs) and corporate loans issued by UniCredit Bank S.A, part of UniCredit …
UniCredit’s Romanian unit signs securisation deal with EBRD Read More »
(Reuters) – U.S. activist investor Boaz Weinstein’s Saba Capital has sold its nearly 30% stake in British investment trust Keystone Positive Change (KPC), a regulatory filing showed on Tuesday. The Baillie Gifford-run investment trust is undergoing a planned liquidation under which shareholders have the option of a cash exit or the opportunity to roll over …
Boaz Weinstein’s Saba Capital sells stake in UK trust Keystone Positive Change Read More »
