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Wednesday's headlines, Financials edition

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Wednesday's headlines, Financials edition

EU agency may not be fully prepared to wind down failing banks- auditors Reuters
Bitcoin not a threat to financial stability, say European economists The Guardian

UK AND IRELAND

Brussels signals tough stance on UK bank bonuses after Brexit Financial Times
Brexit: UK plans to soften impact on European banks BBC
BoE to allow EU banks to operate in UK as normal post-Brexit: BBC Reuters
Five big banks to miss 'Open Banking' deadline as changes designed to boost competition near The Daily Telegraph
UK banks get deadline extensions for 'open banking' reforms Financial Times
Five UK banks given Open Banking deadline extension by CMA City A.M.
UK 'challenger' bank acts to reduce gender pay gap Financial Times
Regulator 'must step in' if ATM row leaves public short of cash The Times
Travelers to establish Dublin subsidiary in wake of Brexit Reinsurance News
Pension Protection Fund rewards UK companies with a big cut in its annual levy City A.M.
Pension Protection Fund announces 10% levy reduction Financial Times

Barclays
Ex-Barclays trader to pay almost £300,000 for Libor fixing City A.M.

CYBG
Clydesdale and Yorkshire banks admit they must do more as women paid over a third less than men The Daily Telegraph

HSBC
REFILE-MOVES-HSBC rejigs EMEA debt syndicate Reuters

Lloyd's of London
Insurers see tax plan hitting Bermuda and Lloyd's of London Financial Times
Lloyd's raises £3bn of additional capital to restore market after losses Reinsurance News
Lloyd's of London bosses hail "phenomenal" market response to raft of natural disasters City A.M.
Lloyd's looking at UK's new ILS regime for Disaster Risk Facility Artemis

London Stock Exchange Group
TCI fails in bid to oust London Stock Exchange chairman Reuters
London Stock Exchange shareholders back chairman in EGM vote Financial Times
Activist fights on to oust stock exchange chairman The Times
TCI says many large shareholders want to find new chairman immediately -letter Reuters

Old Mutual
Old Mutual star Buxton looks to Jupiter trajectory Financial Times

GERMANY, SWITZERLAND AND AUSTRIA

EU set to grant Swiss stock exchanges access to EU market for one year Reuters
Swiss foreign minister rejects one-year limit to EU finance market access swissinfo.ch
Bundesbank wades Macron proposals for risk sharing Neue Zürcher Zeitung
Zuger Krypto-Anlagegesellschaft applies for a banking license finews.ch

Allianz Group
Allianz pumps $100m into micro-insurer targeting world's poorest The Daily Telegraph
Allianz Suisse appoints new divisional managers finews.ch

Bank Frick & Co.
Bank Frick with new CFO finews.ch

Banque Profil de Gestion
Geneva bank wants to make acquisition finews.ch

BSI
Brazil charges Swiss bank manager with laundering bribe money Reuters

Deutsche Bank
BRIEF-Vonovia SE Says Deutsche Bank Holds 5.1 Percent Of Voting Rights Reuters

UBS Group
With Jürg Zeltner is a power man from the bank finews.ch
ETF: UBS beats Blackrock again finews.ch

FRANCE AND BENELUX

The rise in banking fees will slow down in 2018 L'Agefi
Happy with insurer, but not with premium De Telegraaf

ABN AMRO Group
ABN loses appeal over mortgage interest De Telegraaf

BNP Paribas
BNP Paribas to boost Lisbon hub with 45 job moves from Paris Reuters
BNP Paribas wants to expand the leasing business Les Echos
BNP Paribas and the EIB launch an unprecedented package to support SME credit Les Echos

La Banque Postale
Laundering: La Banque Postale is under investigation L'Agefi

Natixis
Tobacco: Natixis ceases all funding of the industry La Tribune

SPAIN AND PORTUGAL

Banco de Portugal and fintech association discuss regulation in the sector Jornal de Notícias

Banca March
Banca March recommends investing in European equities in 2018 Europa Press

Banco Bilbao Vizcaya Argentaria
Half of BBVA Spain's clients are already digital Europa Press
BBVA cuts its stake in Merlin by half shortly after its agreement with Cerberus El Mundo

Caixa Geral de Depósitos
CGD president considers banking will not return to easy credit Jornal de Negócios

Evo Banco
Evo Bank and the unions reach an agreement by the ERE that will affect 239 employees Europa Press

Mapfre
The non-life issue and subscription technical area of ??Mapfre receives a quality certificate from Aenor Europa Press

Millennium BCP
BCP available to negotiate salary increases in January Jornal Económico
Bank Millennium group asked to keep FX mortgage capital buffer at 5.41 pps, stress test buffer at 3.47 pps PAP

ITALY AND GREECE

Bank of Italy not to blame for bank collapses, governor tells parliament Reuters

Banco BPM
CORRECTED-Italy's Banco BPM sells unsecured bad loans worth 1.8 bln euros Reuters

Credito Valtellinese
UPDATE 1-Creval's shareholders approve 700 mln-euro cash call Reuters
BRIEF-Creval aims to wrap up cash call before Italian elections Reuters
BRIEF-Creval's shareholder meeting reaches required quorum Reuters
Creval, the capital increase will start in February MF

Eurobank Ergasias
Eurobank: "Best retail bank" in Greece Kerdos

Generali
Generali sells damage portfolio in UK for 300 mln MF

Intesa Sanpaolo
Intesa Sanpaolo third digital bank in Europe MF

UniCredit
BRIEF-UniCredit Gets Funds From EIB To Invest In Italian Agriculture and Renewables Reuters

NORDIC COUNTRIES

Norway mortgage rules working as planned -PM Reuters
Sweden's Central Bank Poised to Give the Krona a Boost Bloomberg News
Norwegian casher entered again in Bank Norwegian E24
Interest rate message today from the Riksbank SvD Näringsliv

Danske Bank
Irish Life seals €335m Danske Bank pension deal Irish Independent
Danske Bank's Swedish employees can decide on holidays themselves Berlingske Business

EASTERN EUROPE

UPDATE 1-Russia central bank wants banks only to sell subordinated debt to professionals Reuters
UPDATE 2-Ukraine parliament may vote Thursday to make Smoliy central bank chief Reuters
UPDATE 2-Hungarian central bank keeps rates unchanged, mortgage bond buying in focus Reuters
Polish insurers raise 34.5% of Q3 life insurance GWP via bancassurance - sector lobby PAP
The Central Bank does not expect banks to increase demand for currency at the end of the year Vedomosti
The Central Bank suggested regulating crowdfunding as an alternative form of raising capital Vedomosti
The Central Bank will cut more than 5000 people Vedomosti

Bank Handlowy w Warszawie
BRIEF-Bank Handlowy individual add-on capital buffer set at 1.8% Reuters

B&N Bank
Binbank demanded from the bank Peresvet 1.36 billion rubles Vedomosti

ING Bank Slaski
ING BANK SLASKI SA Interest on the bonds series INGBS191219 in the seventh coupon period. PAP

Sberbank of Russia
Sberbank offered an alternative to its own deposits Vedomosti

Sovcombank
Sovcombank explained the sale of the stake in the Modulebank Vedomosti

Türkiye Halk Bankasi
Final arguments in Turkish banker's U.S. trial hinge on gold trader Reuters

Vnesheconombank
Russia's VEB to transfer Globex to the state as it tackles Sochi Olympics legacy - sources Reuters
Hackers stole $ 1 million from VEB's subsidiary bank Vedomosti

Vozrozhdenie Bank
S & P lowered its rating to Vozrozhdenie Bank Vedomosti

VTB Bank
VTB estimated savings from the merger with VTB 24 in 15 billion rubles Vedomosti
VTB did not exclude the purchase of regional banks in 2018 Vedomosti

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.