Bulgarian Prime Minister Boyko Borissov and European Investment Bank (EIB) President Werner Hoyer formally inaugurated the new EIB Group Office for Bulgaria in Sofia.
The European Union wants to centralize market supervision and make banks pay for it, the bloc’s financial services chief said, signaling how it will seek to regroup after Britain leaves.
The European Commission approved a German bridging loan for Air Berlin that will keep the insolvent airline's planes flying while it tries to find buyers for its assets.
Morgan Stanley has chosen Frankfurt to be a new base for its European Union operations as Britain prepares to leave the bloc.
In a twist that surprised some, the Treasury Department is signaling its intent to sign a bilateral agreement between the United States and the European Union.