The European Union has frozen 10 big banks out of bond sales for its 800 billion euro pandemic recovery fund, the Financial Times reported on June 15.
Banks found to have previously breached EU competition rules “will not be invited to tender for individual syndicated transitions”, the newspaper cited a European Commission spokesman as saying. The lenders will have to show that they have taken “remedial measures” before returning to the deals. The list of banks is: Bank of America, Barclays, Citigroup, Credit Agricole, Deutsche Bank, JPMorgan, Natixis, NatWest, Nomura and UniCredit.Related Links
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. and EU Agree to Suspend Airbus-Boeing Trade FightThe move to end the longest and most costly spat in the history of the WTO will significantly reduce trade tensions between the two economies. God give us all today, 01 majestic day in the name of Jesus amen! Deus dê a todos nós hoje, 01 dia majestoso em nome de Jesus amém! Congratulations!But, the largest market id China! This is good sign of allowing global fair competition among entreprises by with drawing state sponsored special interests tariffs as national interests against global free competition among entities resulting propping up some industry against global consumer and public interests?
Source: WSJ - 🏆 98. / 63 Read more »
EU, US reach deal to end Airbus-Boeing trade disputeBRUSSELS (AP) — The United States and the European Union reached a deal Tuesday to end a damaging dispute over subsidies to rival plane makers Boeing and Airbus and phase out billions of dollars in punitive tariffs, the U.S. At a moment when there is not much to fight for, as worldwide air passenger transport is in tatters and not sure to recover soon, US and EU finally reached an agreement in commercial aircraft production. But no agreement on using planes to transport people from the EU to the US? The pp10143 travel ban against low risk countries like the UK and EU is still in place, has been for 16 months now, despite the vaccination rates and plummeting COVID cases.
Source: AP - 🏆 728. / 51 Read more »
U.S. and EU resolve 17-year Boeing-Airbus dispute, EU's von der Leyen saysThe United States and the European Union have resolved a 17-year-long dispute over aircraft subsidies, the European Commission president said Tuesday. Why is that politicians, instead of actually negotiating hard, they simply defer actions? They only agreed to defer the tariffs for five years, not to actually end the subsidies or try to negotiate a framework to allow them. It’s always the same outcome, defer and no real action
Source: CNBC - 🏆 12. / 72 Read more »
U.S. and EU Near Deal on Boeing-Airbus Trade FightThe move to end the longest and most costly spat in the history of the WTO would significantly reduce trade tensions between the two giant and deeply interlinked economies. 'The Vax was Not brought in for Covid, Covid was brought in for the vax. Once you realize that, everything else makes sense' - Dr Reiner Fuellmich.
Source: WSJ - 🏆 98. / 63 Read more »
EU, U.S. sow seeds for climate cooperation, dodge coal’s end date - draftThe United States and European Union will pledge closer cooperation on fighting climate change at a summit on Tuesday, but will steer clear of setting a date to stop burning coal, according to a draft joint statement.
Source: Reuters - 🏆 2. / 97 Read more »
The EU plans to lift restrictions for all US travelers, reports sayBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. ccieby29
Source: BusinessInsider - 🏆 729. / 51 Read more »