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Friday's headlines, Financials edition

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Friday's headlines, Financials edition

Europeanbankers step down as Panama Papers pile on pressure Bloomberg News
Camerondefends EU letter on trusts as Panama woes refuse to die Bloomberg News
Commission urgesEU deal on list of tax havens in next six months Reuters
EUlawmakers approve MiFID II market rule delay by one year Bloomberg News
ECBdiscussed negative-rate exemption, bigger cut in March Bloomberg News
ECB says willing to act as Draghi warns on global uncertaintyReuters
ECBunderlines readiness to act amid Europe's manifest fragility Bloomberg News
ECBsets boundaries to action against global slowdown Reuters
EU backs separation of asset managers' research and tradingcosts
Reuters
Euro zone banksshould skip dividends to increase lending – BIS Reuters
Eurobanks splurged on dividends even in crisis years, BIS says Bloomberg News
Reinsurance expensesup, returns down, but profits continue: Aon Artemis

UK AND IRELAND

British Prime MinisterCameron admits he held stake in father's offshore trust Reuters
Cameronsays he sold stake in father's offshore fund in 2010 Bloomberg News
David Cameron had stake infather's offshore trust BBC News
UKregulator sets deadline for Panama Papers reviews Financial Times
Ex-UBS chief in frame to head bank watchdog
Sky News
FCA accuses asset managers of misleading claimsFinancial Times
UK watchdog tellsasset managers to review governance Reuters
Labor calls forbanking and financial services royal commission The Guardian
City chief inBrexit warning to fintech CityA.M.
Central bank'sboard queries its response to banking inquiry Irish Independent
'Window dressing'a known practice in banking, trial told Irish Independent
Anglo trial hears'window dressing' a known industry practice The Irish Times
ECB pushes centralbank bond selling The IrishTimes

Barclays
Ex-Barclaystrader told SFO his bosses knew about LIBOR fix Bloomberg News
LIBOR defendant implicates Barclays execs Financial Times
Former Barclays trader alleges bosses knew of LIBOR fixThe Guardian

XL Group
Guest promoted at XL Catlin in Singapore Post

GERMANY, SWITZERLANDAND AUSTRIA

Swiss watchdogFINMA says more needed from banks in money laundering fight Reuters
FINMA:14 Swiss banks at high risk for money laundering Neue Zürcher Zeitung

Credit Suisse Group
Credit Suissesends memo to employees ahead of EU referendum Reuters
CreditSuisse sends memo to staff on Brexit-related restrictions Bloomberg News
Credit Suisshh!Bank staff told to avoid Brexit discussions City A.M.

Deutsche Bank
Deutsche Bankchairman denies pressure to leave Financial Times
DeutscheBank chairman says investors haven't asked him to leave – magazine Reuters
DeutscheBank, Credit Suisse chairmen reject criticism in slump Bloomberg News
DeutscheBank chairman denies investor pressure to stand down Handelsblatt

EFGInternational 
EFGto press on with capital hike to finance BSI acquisition Börsen-Zeitung
EFGstruggles with headwinds Handelsblatt

Hypo LandesbankVorarlberg
Austrian bank's CEOquits after Panama Papers reports Reuters
HypoLandesbank Vorarlberg CEO steps down over Panama Papers Börsen-Zeitung

NORD/LB 
NORD/LB expects lower profits as ship finance faces anothertough year Reuters
NORD/LBsees no end to ship crisis
Börsen-Zeitung

Varengold Bank
Varengold Bankannounces change in supervisory board Reuters

FRANCE AND BENELUX

French regulator demands extra tax haven information from banksReuters

ABN AMRO Group
ABNAMRO supervisory board member resigns after Panama leaks Bloomberg News
ABNAMRO board member Meerstadt resigns after Panama Papers report Reuters

BNP Paribas
BNPamong banks facing $172 million loss as oil tycoon fails Bloomberg News
BNPplans IPO of First Hawaiian Bank TheWall Street Journal

SPAIN AND PORTUGAL

Spanish court saysbanks must remove mortgage floor, repay clients Reuters
CNMCinitiates disciplinary proceedings against 4 Spanish banks over anti-competitivepractices Europa Press

Banco CEISS
Banco CEISS offersearly retirement to reduce layoffs, relocations Expansión

Banco deSabadell
Sabadell to avoidhefty payment after Spanish court cuts bail for CAM case Reuters
Sabadellmulls appeal over mortgage floor ruling Expansión

Banco Internacional do Funchal
Banifliquidation would have cost over €5 billion Jornal De Negócios

Bankinter
Bankinteraims to double share in Portugal, grow loans Jornal De Negócios

Novo Banco
NovoBanco to lay off more staff if it fails to meet EU requirements JornalDe Negócios

ITALY AND GREECE

Italian plan to help weak banks should beready Monday – sources Reuters
Bankof Italy's Rossi says EU bank resolution poses threat to systemic stabilityMF
EU's Moscovicisees progress in talks with Greece on reforms review Reuters
ECB lowersemergency funding cap for Greek banks to €69.9 billion Reuters
Cyprus centralbank says enhancing 'know customer' requirements Reuters

Banca Popolare diVicenza
UniCredit confidenton Pop Vicenza cash call Reuters
Popolare diVicenza says UniCredit extends cash call guarantee to May 10 Reuters
UniCreditextends BPVi cash call guarantee MF

FinecoBank
FinecoBankprepares to enter UK market MF

UniCredit
UniCredit vice chairman says has no offshore company, accountReuters

NORDIC COUNTRIES

Danske Bank
Danske Bank sees no evidence of involvement in Panama case Berlingske Business

DNB
DNB says to book Q1 gain from basis swaps of 1 billionNorwegian kroner Reuters
DNBadmits to misinforming largest shareholder over tax haven dealings
Dagens Næringsliv

Nordea Bank
NordeaCEO says he's 'mad, disappointed' amid Panama tax leaks Bloomberg News
Nordealosing customers over Panama Paper leaks E24

EASTERN EUROPE

Russia's Putin: Friend named in Panama Papers not corruptReuters
Panama Papers: Putinrejects corruption allegations BBC News
ECB raises concerns over Hungarian central bank's programsReuters
Turkeygrants banks relief on loans to troubled tourism industry Bloomberg News
Moody's expectsTurkish banks' capital levels to decline RIA Novosti
Republicof Macedonia parliament dissolves for early election Bloomberg News
Serbia's central bankholds key repo rate at 4.25%, may cut it after elections SEENews

Bank Saint-Petersburg
BankSaint-Petersburg plans regional expansion through acquisitions Vedomosti

NN Asigurari de Viata
ING's Romanian life insurer enters health segmentSEENews

Sberbank of Russia
Sberbank'sprofit triples in Q1 Banki.ru

The Daily DoseEurope "Headlines" edition aggregates banking, financial services andinsurance headlines from the websites of a limited number of major Europeanpublication titles and newswires, with an editorial deadline of 6 a.m. Londontime. Some external links may require a subscription. Language translations toEnglish are provided by an automated service and may not be entirely accurate.