Western Europe Archives

Join the global community of corporate and public-sector finance industry leaders reading Global Finance monthly in print.

Click Here

Capital Raising & Corporate Finance

Verizon Seeks Growth And Innovation In AOL Deal

United States | Verizon, one of the largest wireless providers in the United States, announced on May 12 that it will acquire AOL, a leading Internet pioneer and Web content provider, for $4.4 billion.

Capital Raising & Corporate Finance

CROWDFUNDING | EUREECA FINDS APPROVAL IN BRITAIN

Capital Markets | Equity Capital Raising Eureeca, the first global equity crowdfunding company, with offices in London and Dubai, received regulatory approval from the UK’s Financial Conduct Authority to operate in Britain.

Capital Raising & Corporate Finance

FRANCE | GOVERNMENT UPS ITS STAKE IN RENAULT

Milestones | France The French government temporarily increased its stake in French carmaker Renault to nearly 20% ahead of the company’s annual general meeting in April.

Economics, Policy & Regulation

UK ELECTION | UNCERTAIN RESULT LIKELY TO IMPACT ECONOMY

Milestones | United Kingdom As Britons prepare for elections on May 7, the only certainty appears to be uncertainty, which looks set to continue until polling day—and maybe for some time after.

Banking

BID BATTLE FOR PORTUGUESE BANK HEATS UP

Banking | Portugal/Angola A tug of war is developing over Portugal’s fourth-largest lender, Banco BPI, between its two largest shareholders.

Capital Raising & Corporate Finance

CYPRUS TAUNTS EUROPE BY HOSTING RUSSIAN NAVAL VESSELS | MILESTONES

Milestones | Cyprus The enormous economic challenges faced by Greece have overshadowed a different kind of drama elsewhere in the Mediterranean.

Banking

EBRD TO CREATE A STRONG & STABLE GREECE | MILESTONES

Milestones | Greece On March 3, the European Bank for Reconstruction and Development approved a request from Athens to invest directly in Greece.

Banking

ECB’S QE: WHO’S IN AND WHO’S OUT?

Banking | Europe In its first round of QE, the ECB said that the bonds of only seven European financial institutions were eligible—until further revision, which won’t happen until at least April 15.

Banking

EX-INSURER MAY REFOCUS CREDIT SUISSE TOWARD ASIA | NEWSMAKERS

Newsmakers | Switzerland Swiss giant Credit Suisse stepped out of the industry’s traditional talent pool in March when it hired Tidjane Thiam as chief executive.

Award Winners

KNOW YOUR CORE CUSTOMER

with Jan Rasmussen, Nordea Markets

Banking

NEW CEO CHANGES PACE FOR STANDARD CHARTERED | NEWSMAKERS

Newsmakers | United Kingdom The appointment of Bill Winters to replace Peter Sands as CEO of Standard Chartered has been universally welcomed, as the troubled bank saw profits fall by 30% last year compared with 2013 levels.

Banking

RBS: A LEANER, MEANER CORPORATE BANKING MACHINE?

Banking | United Kingdom In its 2014 annual report published in February, RBS announced that CIB, which includes global transaction services, will reduce its geographical footprint from 38 to 13 countries.