EU urged to tackle insolvency laws for unified capital market

EU urged to tackle insolvency laws for unified capital market

Brussels will need to tackle Europe’s fragmented insolvency laws and create more uniform shareholder rights if it wants to build deeper capital markets and speed up its economic recovery, an official expert group has warned. The group, led by former eurogroup chief official Thomas Wieser, said on Wednesday that previous EU attempts to build a […]

Deutsche grabs capital from rekindled bank bond market

Deutsche grabs capital from rekindled bank bond market

Deutsche Bank successfully sold €1.25bn of new bonds that count towards its capital buffers on Monday, taking advantage of renewed investor demand for financial institutions’ higher-risk debt following the coronavirus sell-off.Germany’s largest lender raised the new...