Europe

Mizuho launching universal bank in Europe, to close offices in 4 cities

The new bank will be based in Amsterdam, with offices in Frankfurt, Madrid, and Paris.

Mizuho launching universal bank in Europe, to close offices in 4 cities

The new bank will be based in Amsterdam, with offices in Frankfurt, Madrid, and Paris.

UBS buys Credit Suisse in “emergency rescue”

The $3.2b acquisition has the full support of Swiss financial regulators, UBS said.

For French fintechs, Asia is a land of opportunities and learning

Compared to Europe, fintechs in Asia have struck a balance with banks, says Bpifrance Deputy CEO Arnaud Caudoux.

Weekly Global News Wrap: Crypto exchange FTX owes $3.1b to creditors; Deutsche ex-trader sues bank for $150m

And Italy’s UniCredit gives German staff bonuses up to 2,500 euros for inflation.

Weekly Global News Wrap: Higher capital req’s to curb lending, says Citi exec; Interest rates may hit over 4.5%

And France’s Orange exploring “all opportunities” amidst reports it's selling its bank arm.