European Commission
KBC confirms position as solid bancassurance player in core markets
While the global economy gradually recovers from its worst downturn in decades, KBC has been working on a strategic review to enhance its position...
EU approves restructuring of Lloyds, ING and KBC banks
The European Commission on Wednesday approved restructuring plans for British bank Lloyds, Dutch counterpart ING and Belgium's KBC bank, all rescued by public bailouts...
British bank RBS signals new asset sales
Britain's Royal Bank of Scotland said Monday it will consider selling more assets than initially planned to win EU support for the state aid...
European stress test to be run in the insurance sector in december 2009
CEIOPS’ Members endorsed in today’s meeting the proposal to run a EU-wide stress test in the insurance sector in December 2009.
CEIOPS will continue to...
ABI urges European Commission to be more ‘consumers’ focused
The European Commission should make sure that investment saving products across the EU are uniformly regulated, says the ABI. Any new rules should prioritise...
Lloyds could have to pay £1 billion to avoid debts insurance
Lloyds Banking Group could have to pay more than £1 billion to avoid taxpayer-backed insurance for its toxic debts, it has been reported.
The bank...
Lloyds could offload its insurance operations
Lloyds Banking Group chief executive Eric Daniels must keep many plates spinning to keep alive his hope of launching a record rights issue, and...
Sanofi-Aventis H1N1 vaccine robust immune response
Results of clinical trials held in Europe show that one dose of Sanofi Pasteur's H1N1 flu vaccine triggers a robust immune response in most...
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