Investors split on Europe as economic sentiment falters
Europe is dividing opinions after softer economic sentiment data failed to live up to forecasters’ optimistic predictions on Tuesday (30 May).
EC hits JPM, HSBC and Credit Agricole with £413m fine
JPMorgan Chase, HSBC and Crédit Agricole have been hit with fines totalling €485m (£413m) by the European Commission for rigging Euribor rates.
Trade groups welcome ‘crucial’ european capital markets union
European financial trade bodies have unanimously welcomed in the European Commission’s green paper on creating a Capital Markets Union, describing it as an opportunity to support the industry’s “sustainable economic growth and long-term financing”