The European Sting is Your democratic, independent and top quality political newspaper specialized in European Union News. Unique Features: iSting & Harry Sting
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Manuela Stefania Fulga, Platform Curator, Banking and Capital Markets, World Economic Forum, Lutfey Siddiqi, Visiting Professor-in-Practice, London School of Economics and Political Science The banking sector has been severely disrupted in recent years by events such as COVID-19, the […]
This article is brought to you in association with the European Commission. The European Commission has today adopted a review of EU banking rules (the Capital Requirements Regulation and the Capital Requirements Directive). These new rules will ensure that EU banks become more resilient to potential future economic shocks, while contributing to Europe’s recovery from the […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Max Chuard, Chief Executive Officer, Temenos COVID-19 is accelerating demands for new banking technologies and cost-cutting efficiencies. Cloud technologies and AI can help banks weather changes brought by COVID-19 and distinguish their offerings in the the long term. […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nannette Hechler Fayd’herbe, Global Head of Investment Strategy & Research, Credit Suisse In 2018, we moved closer to the multipolar world that looks set to replace the bipolar US-Russian geopolitical regime that emerged from the Cold War. China’s ascent […]
This article is brought to you in association with the European Parliament. The Parliament and the Council negotiators took a major step towards reducing risks in the banking system and building the Banking Union. On Tuesday, two deals were concluded on banks’ resilience and on a clear roadmap for banks to deal with losses. A deal […]
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Joseph Thompson, Co-founder and CEO, Aid:Tech Banking institutions were primarily built to provide a trusted intermediary between two parties, such as a borrower and a lender. Legitimate commerce required the use of an institutional bank. While banks have […]
During the past few weeks, financial markets sharks have been sending stock and bond prices and money parities wildly up and down, while busy securing for themselves hefty short term gains. Obviously, this is to the detriment of the real economy, where values are produced by technology and sweat. In Europe and, partly, in the […]
The US Department of Justice settled its claims against Deutsche Bank, the biggest German lender, for packaging and selling toxic mortgage securities to uninformed customers prior to the 2008-2010 financial crisis. Initially, the Justice Department had asked for $14 billion, but it seems it settled for a fine of $7.2bn. However, this is not the […]
The 115th plenary of the European Committee of the Regions (CoR) was convened on 3 and 4 December and discussed a number of burning issues, which have been haunting the European Union during the last difficult years. The CoR is the voice of regions and cities of the European Union. Its 350 members are the […]
Sigmundur Davíð Gunnlaugsson, the Prime Minister of Iceland, visited the European Union yesterday and was received by its two presidents. The Icelander first went to the Berlaymont, the Commission’s headquarters. There he was rather surprised. It was the first time that Manuel Barroso was so blatant, almost rude, with a visiting PM. Commenting on the […]
