Barclays' profits rose, but loan losses weighed on its first-quarter results. At the same time, oil giant BP’s earnings jumped, largely driven by an exceptional oil trading boom linked to the Iran war.
خبرAIFrance, Italy, and Spain have jointly proposed new rules to ease cross-border banking and cut red tape in the EU. The proposals aim to address market fragmentation and boost competitiveness, with a European Commission report on the sector due July 15.
خبرAIThe UK financial services industry has launched a "Team UK campaign" with 200 companies to counter negative narratives about London, which they fear will deter investment. The campaign aims to highlight positive aspects and factual data about the city's safety and desirability.
خبرAIThe UK financial sector is launching a campaign to counter negative narratives about London, which some claim is a "no-go hellscape." Businesses aim to attract investment by highlighting the city's safety and desirability.
خبرAIInditex, the parent company of Zara, reported a 5.4% year-on-year increase in net income to €1.4 billion for the first quarter, surpassing market expectations. Sales also grew, driven by strong consumer demand despite economic uncertainties.
خبرAIThe UK's Financial Conduct Authority (FCA) has cautioned top football clubs against signing sponsorship deals with unauthorized international financial firms, particularly crypto and trading platforms, warning that these firms may be targeting unsuspecting fans and breaching UK laws.
خبرAIEurope saw a 7% drop in new foreign investment projects in 2025, reaching an 11-year low. France led with 852 projects despite a 17% decrease, followed by the UK and Germany. The US remains the top investing nation in Europe.
