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Friday's headlines, Financials edition

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Friday's headlines, Financials edition

Europe should consider'small' state support for banks - ECB vice president Reuters
Constânciosees state role to tackle bad-loan quandary Bloomberg News
Brexit could deliver'significant' blow to eurozone, ECB warns The Daily Telegraph
Fitchsays Brexit to pile pressure on Europe government ratings Bloomberg News
Brexit opens up bankfault line from Milan to Lisbon Reuters
Swiss banking sectorseeks to enlist Britain for EU negotiations Reuters
Swiss banks proposealliance with London FinancialTimes
UK vote fails to floatEurope's IPO boat City A.M.
ICMA calls forcorporate bond market overhaul Reuters

UK AND IRELAND

Bank of England boostsbanks' campaign to soften key capital rule Reuters
FiveUS investment banks offer support for London after Brexit vote Reuters
Osborne pledges CityBrexit safeguards FinancialTimes
Investment bank bossespledge to support London's status as the world's premier financial hubThe Daily Telegraph
UK banks spared downgradesby S&P in mass outlook cull Reuters
UK launches bilateraltrade talks for post-Brexit deal with India Reuters
Sajid Javid to startround the world trade tour to secure British deals The Daily Telegraph
UK financial lobbyTheCityUK forms Brexit task force Reuters
Post-Brexitwreckage spawns M&A bargain hunters, pound evacuees Bloomberg News
UK fintech startups aremore attractive than ever post-Brexit says this investor City A.M.

Aberdeen Asset Management
Aberdeen extends UKproperty fund suspension to July 11 Reuters

Admiral Group
Fitch affirms Admiral'sinsurer financial strength rating at A+; outlook stable Reuters

Aviva
Mark Wilson confidentof Aviva growth despite Brexit InsuranceTimes

Barclays
Barclays hires newexecutive M&A chairman Reuters
Four ex-Barclaystraders jailed for LIBOR fraud TheDaily Telegraph
Former Barclays bankersjailed for LIBOR FinancialTimes
LIBOR-rigging trial:Ex-Barclays traders jailed for two to six years The Guardian

HSBC
ECBstimulus keeps HSBC upbeat on Spanish bonds after Brexit Bloomberg News

ICAP
Three former ICAPbrokers have US LIBOR charges dropped City A.M.
Ex-ICAP brokers escapeUS LIBOR charges after UK acquittals Reuters

Legal & General Group
L&G's fund arm cutsoffer spread to zero on UK Property Fund Reuters

London Stock Exchange Group
LSE gets US, Russia nodfor Brexit-clouded Deutsche Börse merger Reuters

GERMANY, SWITZERLAND ANDAUSTRIA

Swiss banking lobbynames Vontobel's Scheidt as new chairman Reuters

Credit Suisse Group
Credit Suisse namesGishen head of investor relations as Stark promoted Reuters

Deutsche Bank
DeutscheBank sees Brexit hit amid investment bank rebuild Bloomberg News

Hannoversche Lebensversicherung
Newsales chief for Hannoversche Lebensversicherung Börsen-Zeitung      

Hypothekarbank Lenzburg
Hypothekarbank LenzburgH1 net profit down at CHF9.9 million Reuters

Swiss Re
Swiss Re structures andplaces $100 million catastrophe bond for UPC Reuters
Jia replaces Hillebrandas Swiss Re Corporate Solutions China CEO Post

FRANCE AND BENELUX

AXA
AXA says so long toSerbia City A.M.
AXA sellsSerbian business to Vienna and exits market
Insurance Day

Optima Bank
Belgian centralbank prevents two investments at Optima Bank De Standaard

SPAIN AND PORTUGAL

EUCommission seeks sanction on Spain, Portugal on deficits Bloomberg News
EUhas a tough balancing act in weighing Spain, Portugal fines Bloomberg News

Kutxabank
Kutxabank'sdelegated management portfolios exceed 40% of investment funds Europa Press

Novo Banco
CaixaBankshould stay with BPI and forget Novo Banco, Citigroup says Jornal De Negócios
BESshareholders are left with nothing - Deloitte report Jornal De Negócios

ITALY AND GREECE

Banca Monte dei Paschi di Siena
Monte dei Paschi working to find quick solution to bad loans -CEO Reuters
Montedei Paschi bonds drop as Italy-Europe talks halt in deadlock Bloomberg News

Veneto Banca
Veneto Banca appoints Cristiano Carrus as CEO Reuters

NORDIC COUNTRIES

Growth in lending by small financial institution is too high,warns Danish FSA FinansWatch
Swedish banks: Small depositors should not have to pay intereston deposits SvD Näringsliv
Norwegian FSA increases capitalrequirements for consumer banks
E24

Nykredit Realkredit
Nykreditlaunches second half of large-scale funding FinansWatch

EASTERN EUROPE

Serbiasurprises with rate cut despite Brexit uncertainty Bloomberg News
Slovenia investigates central bank chief, rebuffs ECBReuters
ECB president decries Slovenia's 'unlawful seizure' of bankmaterials The Wall Street Journal
Slovak finance ministry plans bank levy at current level until2020, above previous plan Reuters
Russian finance minister says government to sharply raiseborrowings in 2017 Reuters
Russiaplans to sue European Development Bank TheMoscow Times
Impact of Brexit on Central,Eastern Europe to be limited - Moody's Sputnik News
Hungary bond market recovers from Brexit shock Porfolio.hu

IC Allianz
Fitch rates Russia's IC Allianz insurer financial strengthrating BBB-; outlook negative Reuters

Inecobank
Centralbank suspends activities of three branches of Inecobank ArmBanks.am

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