Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Prime Minister May Seeks Another Brexit Delay, Setting Up Battle With EU
Apr 5 2019 // Prime Minister Theresa May has asked the European Union to delay Brexit until June 30, setting up a battle with the bloc ahead of a key summit next week. May wants an extension to June 30 and aims to avoid holding European...
UK Parliament Votes to Block Damaging No-Deal Brexit as Deadlock Continues
Apr 4 2019 // Britain took a decisive step away from a damaging no-deal Brexit as members of Parliament and political leaders backed efforts to prevent a disorderly departure from the European Union. The House of Commons vote shortly...
UK Financial Services Business Flows to EU to Avert Possible Brexit Disruption: Report
Apr 3 2019 // Financial firms in Britain continue to shift business to new European Union hubs and won’t stop unless Brexit is canceled, a think tank told British lawmakers on Wednesday. William Wright, head of New Financial, said...
Root of Brexit Crisis Is that No Good Compromise Exists: Opinion
Apr 3 2019 // The root of the Brexit crisis is not, as you might think, the failure of the hard-Brexit Tories to compromise. Rather, it’s that no good compromise exists. For three years Britain’s politicians have refused to...
EU Financial Services Chief Warns of Market Disruption from No-Deal Brexit
Apr 2 2019 // A no-deal Brexit would cause disruption and might also have an impact on liquidity in financial markets, the European Union commissioner in charge of financial services said on Tuesday in a stark reminder of the risks...
Money Launderers Could Begin Targeting Smaller Banks, Warns Denmark
Apr 2 2019 // Denmark’s financial watchdog is warning that smaller banks need to be on high alert for signs of money laundering as larger lenders tighten their surveillance systems. Jesper Berg, director general of the Financial...
Brexit Stalemate Continues as Senior UK Ministers Consider Delaying EU Divorce
Apr 2 2019 // Theresa May is expected to confront her most senior ministers with the potentially explosive option of delaying Brexit by months, as the U.K. struggles to find a plan for leaving the European Union. The British prime...
U.S. Judge Finds No Liability for European Banks in Iran Terrorism Financing
Apr 1 2019 // A U.S. judge has dismissed a lawsuit seeking to hold nine large European banks liable for allegedly providing banking services to Iran that enabled militants to conduct 55 attacks against U.S. armed forces in neighboring...
SCOR Merges European P/C and Life Entities into SCOR SE
Apr 1 2019 // SCOR Global Life SE and SCOR Global P&C SE merged into SCOR SE on March 31, 2019. This reorganization, which was announced by SCOR in September 2016 as part of its three-year strategic plan “Vision in...
Hard Brexit Fears Rise as UK Parliament Again Rejects Prime Minister’s Deal
Mar 29 2019 // Lawmakers rejected Prime Minister Theresa May’s Brexit deal for a third time on Friday, sounding its probable death knell and leaving Britain’s withdrawal from the European Union in turmoil on the very day it...
Brexit Political Impasse Deepens Even with Prime Minister’s Offer to Quit
Mar 28 2019 // Britain’s political standoff over Brexit escalated further, with even Theresa May’s announcement that she’ll quit as prime minister doing nothing to move closer to a resolution. It leaves the country...
UK Parliament Seizes Control of Brexit Process from Prime Minister May
Mar 26 2019 // The U.K. Parliament seized control of the Brexit process from Prime Minister Theresa May and will now seek to decide how Britain exits the European Union. In a vote late Monday, the House of Commons split 329 to 302 to...
While You Were Busy, You May Have Missed These
Mar 22 2019 // “The problem is that those of us who are lucky enough to do work that we love are sometimes cursed with too damn much of it.” ― Terry Gross, All I Did Was Ask: Conversations with Writers, Actors, Musicians,...
EU Gives UK Prime Minister Two Extra Weeks to Avoid No-Deal Brexit
Mar 22 2019 // European Union leaders staved off the threat of the U.K. crashing out of the bloc without a deal next Friday by giving Theresa May an extra two weeks to work out what to do. At a summit in Brussels on Thursday, the leaders...
Liberty Mutual Opens European Headquarters in Luxembourg in Preparation for Brexit
Mar 21 2019 // Liberty Specialty Markets, part of Liberty Mutual Insurance Group, said it has re-domiciled its European insurance company Liberty Mutual Insurance Europe SE (LMIE) to Luxembourg, the home of its European...
UK on Brink of No-Deal Divorce with EU as Brexit Endgame Nears
Mar 21 2019 // Theresa May gambled on a desperate bid to get her Brexit deal approved by Parliament, as a standoff with the European Union drove Britain to the brink of an economically disastrous no-deal divorce. The premier heads to the...
Another Money Laundering Risk Seen Coming from Firms Providing Payment Services
Mar 20 2019 // As one avenue for money launderers is shut, another one may be opening. In Denmark, home to Danske Bank A/S, the authorities are now taking a closer look at companies that provide payment services. The worry is that the...
UK Prime Minister to Ask EU for Brexit Delay – But How Much Time Is Needed?
Mar 20 2019 // Britain’s messy divorce from the European Union is once again stuck between the demands of Theresa May’s divided government and the reality of what the bloc is willing to offer her — this time over how...
Brexit Makes It Harder for Fintech, Financial Services Firms to Recruit Top Talent: Report
Mar 19 2019 // Leaving the European Union is making it harder for fintech firms in Britain to recruit top talent, a report said on Tuesday, threatening to slam the brakes on a 7 billion pound ($9 billion)growth sector just as EU states...
Lengthy Brexit Delay Grows More Likely After House Speaker Torpedoes PM May’s Plans
Mar 19 2019 // Theresa May looked set to seek a long extension to the U.K.’s European Union membership after the House of Commons speaker torpedoed her plan to win Parliamentary approval for her deal to leave the bloc. Officials...
