European Investment Bank to invest €95bn in 2025, but only €2bn for defence
The EIB, the largest multilateral lender, will double its funding for defence and security from €1 billion to €2 billion by 2025. Its group president defends a proactive approach to both sectors within the bank's remit.
Schiphol to borrow €400 million from European Investment Bank for investment plans
Schiphol is going to borrow hundreds of millions of euros from the European Investment Bank (EIB) to finance the airport’s investment plans. Royal Schiphol Group and the EIB have closed a loan agreement of 175 million euros,
HSBC to Shutter Some Investment Banking Units in Europe, US
HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest sign that Chief Executive Officer Georges Elhedery is willing to be ruthless in his ongoing restructuring of the bank.
HSBC Quits U.S., European Dealmaking and IPO Advisory
HSBC is pulling back on Wall Street. The London-based bank plans to stop advising companies on doing deals and going public in the U.S., the U.K. and continental Europe, according to a memo sent to staff Tuesday.
HSBC to exit parts of investment banking business in UK, US and Europe
HSBC will shut key parts of its investment banking business in the UK, Europe and the Americas as part of chief executive Georges Elhedery’s plan to overhaul its operations. Europe’s biggest lender will close its mergers and acquisitions advisory and its equity capital markets businesses outside Asia and the Middle East,
HSBC to exit M&A and equities businesses in UK, Europe & U.S.
HSBC (NYSE:HSBC) is set to wind down its mergers and acquisitions and equity capital markets businesses in Europe, the UK, and the U.S. as part of a significant restructuring strategy, Reuters reported,
EURACTIV21h
EIB to up defence investment to €2bn this year
Next year, the EIB is planning on freeing up €2 billion for defence and security projects, doubling its 2024 spending figure, EIB President Nadia Calviño said. The bank is also “conducting market ...
carbon-pulse.com15h
EU investment bank touts record climate spending, amid transparency concerns
The European Investment Bank (EIB) touted record climate-related spending in 2024, with nearly 60% of its total operations going in support of the green transition, but concerns remain over the ...
Morgan Stanley’s 15 Best European AI Stocks
In August last year, investment bank Morgan Stanley released an investor note highlighting that even though the chaos around ...
Aviation Week23h
Amsterdam Airport Schiphol Secures $416M European Investment Bank Loan
Amsterdam Airport Schiphol (AMS) reached a loan agreement with the European Investment Bank (EIB) initially valued at €175 ...
European banks may find it tough to repeat strong end-of-year performance
European banks are expected to report a sharp rise in profits for the final three months of last year, helped by still-robust ...
Deutsche Bank: Bullish, But No Longer All-In
Deutsche Bank reported solid Q4 results with €7.2 billion in revenue, driven by a 30% YoY jump in the investment bank. Read ...
GlobalData on MSN3d
EIF, Bank Pekao team up to provide financing to Polish SMEs
The European Investment Fund (EIF) and Bank Pekao have entered a new InvestEU portfolio guarantee agreement, with an aim to ...
Factbox-Europe's plan to regain a competitive edge for industries
The European Commission set out a years-long plan to regain competitiveness in global industries, as European businesses face fierce competition from China and new challenges under U.S. President ...