Europe

Europe

Scalable Capital Fundraise Gives Germany its Sixth Fintech Unicorn

Europe’s largest digital wealth manager Scalable Capital announced Wednesday that it had raised a $180m Series E, making it the sixth German fintech unicorn. The...

Generali Targets EUR200m Lion III Re “Green Cat Bond”

Italian and global insurance giant Assicurazioni Generali S.p.A. is back in the catastrophe bond market with its fourth issuance, a EUR 200 million Lion...

Novatek, Sberbank Seek Green Financing

Russian gas company Novatek said on June 4 it had signed a memorandum of understanding (MoU) with state-owned lender Sberbank on obtaining green financing. As...

Bankers Face a New Temptation on Dirty Derivatives

The many rules, metrics and disclosure requirements imposed on banks after the global financial crisis largely succeeded in their principal goal: making lenders safer....

Russia Will Issue Green Bonds for Development of Energy Sector

Russia is set to issue government subsidized green bonds in order to develop big infrastructure projects in the energy sector, market stimulation and authorities,...

NatWest, Deutsche Bank and Others Trial Blockchain-Based Intraday FX Swaps

Eleven banking groups including NatWest Group, Deutsche Bank, Bank of Ireland and Banca Mediolanum have trialed a solution for intraday FX swaps. The banks...