Private banks try to become more exclusive

Private banks try to become more exclusive

A number of lenders in a sector that prides itself on establishing personal relationships with customers has begun ‘managing out' clients

Rise of krona yet to weigh on exporters

Rise of krona yet to weigh on exporters

Few Swedish companies have complained about the strength of their currency, because many have benefited from pushing production abroad

Luxury goods show signs of losing lustre

Luxury goods show signs of losing lustre

Behind the headline figures from companies such as Richemont and LVMH, the picture is less rosy. Consumer demand in China is not what it was

Bank rescues offset privatisations

Bank rescues offset privatisations

Governments have invested about $1.7tn in financial institutions in the past four years, compared with $1.8tn in global privatisation assets since 1981

Spanish commercial property on the brink

Spanish commercial property on the brink

Only three property transactions were registered in the country during the second quarter, down from 58 deals in the previous quarter

Exporters reap the benefits of weak euro

Exporters reap the benefits of weak euro

Biggest winners of single currency's decline are multinationals with a large cost base in Europe but a high proportion of sales outside eurozone

EQT acquires IT automation company UC4

EQT acquires IT automation company UC4

The Swedish private equity group has paid €220m in a bid to become a broader enterprise IT software business to challenge leading global companies

Telenet pulls out of race for KPN arm

Telenet pulls out of race for KPN arm

Analysts say exit will make it harder for Dutch telecom operator to sell Belgian mobile unit at price deemed acceptable by shareholders

Short sellers target European car stocks

Short sellers target European car stocks

Number of carmakers' shares on loan has risen, as traders bet that slowing growth will hurt even the continent's profitable producers

Julius Baer to buy Merrill Lynch arm

Julius Baer to buy Merrill Lynch arm

Swiss bank to pay up to $840m for wealth management arm operations outside US in deal that will involve a rights issue and abandonment of a share buyback
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