Frankfurt / AFP Europe’s financial sector is showing further signs of mending and banks are increasingly competing for custom by easing credit standards, a key European Central Bank survey showed on Tuesday. The ECB said its quarterly bank lending survey (BLS) showed banks are easing credit standards for loans to companies. However, this is an encouraging sign, since the ...

  Bloomberg Ana Botin, the chairman of Banco Santander SA, is doubling the lender’s bet on fintech. Spain’s biggest bank said that it was boosting its investment in Santander InnoVentures, its London-based financial technology fund, to $200 million from $100 million. The fund takes minority stakes in promising startups, aiming to incorporate innovative technology in its banking operations. “A deeper ...

  Bloomberg Wells Fargo & Co. agreed to purchase a new London headquarters in a move that will enable the US bank to increase its presence in the UK capital. The building, known as 33 Central, is due to be completed in the third quarter of 2017, according to a statement on Monday from the developer, HB Reavis Group. The ...