State banks and wider corporate sector to suffer State banks and wider corporate sector to sufferSanctions could push Russian lenders to seek out funding in other regions and instruments, such as China or some Islamic structures
UN reviews rules on conflict zone flights UN reviews rules on conflict zone flightsInternational Civil Aviation Organisation says the downing of Malaysian airliner MH17 over Ukraine highlighted ‘gaps' in regulations
Financial window closes for Moscow businesses Financial window closes for Moscow businessesCombination of capital market restrictions imposed by Washington and now similar ones in Europe mean many big borrowers are seeing options dwindle
UBS pays €300m to settle tax probe UBS pays €300m to settle tax probeSwiss bank calls settlement ‘significant step' in moving forward adding that 95 per cent of its German clients are now tax compliant
Russian politicians take aim at global consultants Russian politicians take aim at global consultantsTargeting likes of Deloitte, PwC and McKinsey a sign of growing pressure on Moscow's economic policy makers to hit back against increased western sanctions
Europe's investment banks fight back Europe's investment banks fight backAfter losing share to US rivals, some ground is being regained. But what looks like a robust showing is not a positive performance in absolute terms
Klépierre / Corio: European retail property Klépierre / Corio: European retail propertyWhen one's retail tenants are scaling up and sprawling across borders, it makes sense to follow them.And the impetus to consolidate looks to continue
Sanctions a ‘big concern' for European business Sanctions a ‘big concern' for European businessBP becomes the first European multinational company to warn of the impact of sanctions on Russia could have on its business
US-style mall consolidation lands in Europe US-style mall consolidation lands in EuropeSimon Property Group drove consolidation in the US to become the dominant player in shopping malls, and is looking to do the same in Europe
Klépierre to take over Corio in mall deal Klépierre to take over Corio in mall dealCombined company will have 182 shopping centres and a development pipeline of €3bn as it seeks to consolidate listed property sector