Chinese sovereign wealth fund China Investment Corporation (CIC), Southern Europe-focused private equity firm Investindustrial and Italian banking group UniCredit on Monday unveiled the China-Italy Industrial Cooperation Fund (CIICF).
The merger between the two banks could give rise to Spain’s fifth largest bank, with more than €100bn in assets.
Sharply rising climate change related economic and non-economic damage costs in a business-as-usual scenario are pegged at €31trn per year, according to the latest report by Carbon Disclosure Project (CDP) and University College London (UCL).
ECB actions are weighing on these short-term funds.
Brexit is coming soon, and some financial firms are accelerating their relocations into the European Union. They still prefer Dublin.
German fund industry association BVI said that there were fundamental restrictions on shareholders’ rights in the 2020 annual general meeting (AGM) season.
With the taxonomy now having become reality, Pascal Canfin, the chairman of the European Parliament’s environment committee discusses the text’s advantages and future sustainable finance projects.
The Bank of England said that it welcomes the EU securities regulator ESMA's decision to recognise three UK central counterparties (CCPs) as third country CCPs, enabling them to provide their services in the EU after the transition period ends on 31 December 2020.