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The EU faces growing east-south conflict over cash

Eastern Europe has been on the receiving end of European Union largesse ever since it joined the bloc. But eastern members likely have a big fight on their hands as the bloc’s establishment attempts to link further aid to compliance with its vision of European values. There are many fault lines in Europe, but when it comes to battles over ...

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Laundering scandals expose European rift on policing banks

Bloomberg Europe is struggling to agree on how to tackle money laundering in the wake of high-profile scandals in the Baltic region. Latvia, grappling with the aftermath of its third-biggest bank being closed down, is calling for a pan-European approach to fighting dubious financial flows. While it has the support of other small states, it hasn’t convinced Germany, which argues ...

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StanChart top Mena bond sales arranger in a decade

Bloomberg For the first time since 2008, Standard Chartered Plc (StanChart) is topping the list of bond sales arrangers in the Middle East and North Africa (Mena). The emerging markets-focussed lender climbed four places from 2017 and has already built up a substantial lead on the competition just four months into the year, according to data compiled by Bloomberg. JPMorgan ...

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