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Thursday's headlines, Financials edition

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Thursday's headlines, Financials edition

UK AND IRELAND

Brexiteers bypass heads of government to push EU-U.K. trade deal Bloomberg News
Banking and business chiefs back staying in post-Brexit Britain The Daily Telegraph
U.K. house prices may barely rise as Brexit weighs on economy Bloomberg News
British banks approve fewer mortgages in Nov - BBA figures Reuters
Nearly 1,000 City staff at four big US banks given €1m in pay deals in 2015 The Guardian

Alliance Trust
Elliott Capital Advisors ups stake in Alliance Trust to 19 pct Reuters

Tullett Prebon
Tullett Prebon to issue of 310.3 mln new shares to NEX Group Reuters

GERMANY, SWITZERLAND AND AUSTRIA

Storms cost German insurers $2.1 billion in 2016: GDV Reuters
German banks to pass negative interest rates to customers Les Echos
German states battle over tax avoidance clampdown Financial Times
Former Bundesbank head Tietmeyer, who paved way for euro, dies at 85 Reuters

AutoBank
AutoBank once again converting post-borrowing debt into equity capital Der Standard

Hannover Re
Hannover Re targeting Indian insurance market Börsen-Zeitung

Sparda-Bank Hamburg
Sparda-Bank Hamburg makes management board appointment Börsen-Zeitung

UNIQA Insurance Group
UNIQA Insurance pays back supplementary capital bonds Reuters

Volkswagen Financial Services
Volkswagen Financial Services AG acquires PayByPhone Reuters
Volkswagen Financial Services purchases PayPoint's mobile payments biz Börsen-Zeitung

FRANCE AND BENELUX

Dutch state targeting €2 billion to €4 billion in short-term loans De Telegraaf

ING Groep
Russia's Nordgold says enters into $150 mln facility agreement with ING Reuters

SPAIN AND PORTUGAL

Portugal's PSD recognizes that aid to banks should have been higher Diário de Notícias

Bankia
Bankia raises financing to foreign trade activity of companies by 14% Europa Press

Caixa Económica Montepio Geral
Caixa Económica Montepio Geral 2017 plan unanimously approved Jornal Económico
Caixa Económica Montepio Geral will freeze employees' wages at least until end of 2017 Diário de Notícias
Portuguese central bank accuses Caixa Económica Montepio Geral of failing to control money laundering Jornal de Negócios

Caixa Geral de Depósitos
Portugal postpones whole capitalization process of Caixa Geral de Depósitos to 2017 Jornal de Negócios
Portuguese government waiting for ECB to free António Domingues from his duties with CGD Jornal de Negócios

Ibercaja Banco
Ibercaja announces ECB authorized bank to repay 40% of CoCos issued by Caja3 in advance Europa Press

ITALY AND GREECE

S&P says Italy rating unaffected by state support to banks Reuters
Italian minister of justice makes strong demand for inquiry into banking system MF
Unease over Italian bank rescue plan bolsters safe-haven bonds The Irish Times

Banca Monte dei Paschi di Siena
Germany says Italy must stick to European rules on Monte Paschi Reuters
New Monte dei Paschi restructuring plan to be submitted to EU by end of February 2017 MF

Eurobank Ergasias
Eurobank seeks buyer for consumer NPLs of €1.5 billion Kerdos

Intesa Sanpaolo
Intesa draws bidder shortlist for 2.5 billion euro bad loan sale: sources Reuters

Unione di Banche Italiane
UBI nearing acquisition of the three rescued Italian banks MF

NORDIC COUNTRIES

Brexit may cause risk to Danish companies in UK Børsen
Norway's central bank chief says chance of rate cut still greater than hike Reuters

Alm. Brand
Alm. Brand expects Urd storm to cost less to insurers than 2015's Gorm storm FinansWatch

TF Bank
TF Bank unit in compliance with banking license in Norway Reuters

Topdanmark
Topdanmark: Urd causes fewer injuries than Gorm in 2015 Børsen

EASTERN EUROPE

Russia sees yields flat despite doubled debt issuance next year Bloomberg News
Russian c.bank head says banks have 'adequate' defence against hacking Reuters
Russian central bank did not give authorization to two rating agencies Vedomosti
Shvetsov will oversee seven departments of Russian central bank to the end of January 2017 Banki.ru
Growth of Russian bank profits do not help the economy Vedomosti
Czech central bank could cease foreign exchange interventions in middle of 2017 E15
Ukraine central bank to defend hryvnia with $100 mln sale Reuters

Baltinvestbank
Baltinvestbank taken over by Absolut Bank Vedomosti

Converse Bank
Converse Bank replenishes its total regulatory capital ArmBanks

Ingo Armenia Insurance
Ingo Armenia earns 900 million drams in profit ArmBanks

KazInvestBank
S&P: Kazakhstan-based KazInvestBank downgraded to 'D' on license revocation Cbonds

Tatfondbank
Nabiullina says situation with Tatfondbank has no systemic effect on the banking system of Tatarstan Vedomosti
AK Bars Bank paid 1.3 billion Russian rubles to Tatfondbank depositors Vedomosti

TBC Bank
TBC Bank Group says unit recovered previously written off provision expense Reuters

Türkiye Cumhuriyeti Ziraat Bankasi
Ziraat Bankasi to borrow up to $4 billion Hürriyet

The Daily Dose Europe "Headlines" edition aggregates banking, financial services and insurance headlines from the websites of a limited number of major European publication titles and newswires, with an editorial deadline of 6 a.m. London time. Some external links may require a subscription. Language translations to English are provided by an automated service and may not be entirely accurate.