The Russian state-run VEB.RF applied to the arbitration institute of the Stockholm Chamber of Commerce for compensation of losses of its subsidiary bank in Ukraine, the development institution said on Friday.
Swedbank shareholders elected Goran Persson as chairman on Wednesday, with the former Swedish Prime Minister pledging to “clean the house” after a money-laundering scandal.
Deutsche Bank is planning to overhaul its trading operations by creating a “bad bank” to hold tens of billions of euros of assets and shrinking or shutting its U.S. equity and trading businesses.
The British pound fell again on Friday as investors trimmed their positions after Brexiteer Boris Johnson moved closer to becoming the next prime minister, putting sterling on course for a six-week losing streak versus the euro.
The Italian Treasury has mandated banks for a syndicated sale of a new 20-year BTP bond
Gold futures on the COMEX division of the New York Mercantile Exchange dropped more than 1 percent on Monday, as the U.S. dollar strengthened and equities rose significantly.
Norwegian bank DNB said on Friday it has lodged an appeal against a court ruling that ordered it to pay around 350 million Norwegian crowns ($41 million) in compensation to its investors.
Greek Prime Minister Alexis Tsipras on Thursday rebuffed European Commission concerns over recent tax breaks, saying it was taking a leaf out of his political opponents’ book before snap elections.
The average exchange rate of Bitcoin over the past day increased by almost 9.4% and reached 8,750.24 dollars per unit of cryptocurrency.
Trade unionist-turned-businessman Cyril Ramaphosa was sworn in as South Africa’s president on Saturday, vowing to create jobs and tackle deep-rooted corruption that has strangled economic growth.