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Deutsche Bank’s trading arm key for ECB in takeover talks

Bloomberg Deutsche Bank AG’s troubled trading arm will be a focus of European banking regulators when they decide whether to approve a potential takeover of rival Commerzbank AG, according to people familiar with the matter. Supervisors at the European Central Bank and national authorities want a clear idea of how much the combined entity will depend on the securities unit ...

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Carney: Risk of no-deal Brexit alarmingly high

Bloomberg The risk of a no-deal Brexit is now “alarmingly high,” according to Bank of England Governor Mark Carney, who described some claims about how the UK could manage such a situation as “absolute nonsense.” Leaving the European Union without an agreement has become the “default” outcome despite being opposed by Parliament, and could happen by accident, he said in ...

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ECB needs more scrutiny from parliament: Report

Bloomberg European lawmakers should play a bigger role in scrutinising the European Central Bank and appointing its key officials, according to a report from the Positive Money Europe advocacy group. The organisation, which wants a fairer banking system and opposes policies such as quantitative easing, recommen-ds giving politicians more time to put questions to President Mario Draghi at his quarterly ...

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