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Commerzbank shares fall after finance minister says govt to shed stake in future

Shares in Commerzbank fell 5% in Lang & Schwarz pre-market trade. This is after Germany’s Finance Minister said that the government would not keep its stake...

ECB tells banks to step up defences against hacks

The European Central Bank is telling euro zone banks zone to step up their defences against cyber-attacks. The ECB’s supervisor stated that this is also in...

Meta weighs on US shares, European stocks rise after rout

Wall Street shares finished broadly lower, while European stocks rose following five straight weeks of declines and European bond yields soared on speculation of...

UK pension schemes could face over concentration risks

UK pension schemes face increasing over-concentration risks in their corporate bond holdings. This is by following the downgrade of EDF, says AXA IM. On...

Sterling steadies vs euro after post ECB tumble

Sterling steadied against the euro after a sharp slide triggered by the European Central Bank‘s more hawkish tone. This overshadowed the Bank of England’s rate rise. The...

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