Switzerland’s SIX receives go-ahead to launch digital stock exchange
Switzerland’s stock exchange SIX has won regulatory approval to launch its long-awaited digital bourse SDX.
Western Europe
The Netherlands is an agricultural exports giant
Despite the coronavirus crisis, Dutch agricultural exports stood at €95.6 billion ($116.2 billion) in 2020, a rise of 1% on 2019, according to Statistics Netherlands (CBS).
Western Europe is world's top investor in battery manufacturing projects
In 2020, Western Europe claimed 43% of global investments in battery manufacturing projects, according to to Fitch Solutions analysts.
Zurich Insurance's FGI, Farmers Exchanges to buy MetLife's U.S. P&C business
Zurich Insurance Group (Zurich) subsidiary Farmers Group, Inc. (FGI) has agreed to acquire MetLife’s property and casualty (P&C) business in the U.S.
Credit Suisse and QIA join forces to form direct lending platform
Swiss banking giant Credit Suisse and the Qatar Investment Authority (QIA) announced on Sep.17 that QIA will partner with Credit Suisse Asset Management to form a multibillion dollar direct private credit platform that will provide financing primarily in the form of secur
Dutch lender ABN Amro pulls out of commodity trade finance
Amsterdam-based ABN AMRO Bank NV announced on Wednesday (Aug.12) that its trade and commodity finance activities will be “discontinued completely,” as it reported the net loss for the second quarter was €5 million.
Top German court objects to ECB massive bond-buying programme
Germany's constitutional court on Tuesday (May 5), handed a three-month ultimatum to the European Central Bank (ECB) to justify its stimulus scheme.
CEOs show record levels of pessimism over economic growth
Most CEOs say global growth will slow in 2020, with 53% predicting a decline, according to PwC's 23rd CEO Global Survey launched on Monday (Jan. 20) at the World Economic Forum Annual Meeting in Davos, Switzerland.
Chicago's Cboe strikes deal for Amsterdam's EuroCCP
Chicago-based Cboe Global Markets announced on Tuesday (Dec.10) it will acquire Amsterdam's EuroCCP, the biggest pan-European equities clearing house.
FINMA recognises new rules on investment property segment
Switzerland’s independent financial-markets regulator FINMA has recognised as a new minimum standard rules proposed by the banking sector governing mortgage loans for i
