Italy's Intesa Sanpaolo has signed a €75m agreement with the European Investment Bank (EIB), joining as Confirming Bank in the Trade Finance Facility in Greece, established in June 2013.
The European Investment Bank and Italy's Intesa Sanpaolo have entered an agreement to provide €240m to support youth employment in SMEs, innovative start-ups and social projects.
The European Investment Bank has sold SEK500m worth of Climate Awareness bonds via a tap to boost its funding in this area.
Sweden's SEB says in its latest Nordic Outlook report that it expects Spanish banks to tap into €150bn of recapitalisation funds, and that the European Investment Bank (EIB) will source an additional €50bn in order to fund up to €300bn worth of growth...
The European Investment Bank (EIB) has warned it will avoid trading over-the-counter derivatives with US banks if it is forced to clear through a central counterparty (CCP).
Werner Hoyer, EIB president, has presented an up-beat assessment of the bank's position, including its exposure to Greece.
George Soros has criticised Germany as "bearing a major of responsibility" for the financial crisis enveloping much of Europe, treating it only as a debt problem and so putting "all the burden of adjustment on the debtor countries".
BNY Mellon has become the second group in a day to announce it is boosting its presence in German-speaking Europe by making two executive appointments.