capital markets union

Wim Mijs: “Mergers will begin at domestic level in markets like Germany or Italy”

Alexandre Mato (Brussels) | Job and office cuts, mergers of different banking cultures, necessary digital transformation, lower profitability because of the interest rate environment … “In a context of profound market changes, banks cannot allow themselves to spend three years looking inwards!” concludes Wim Mijs about the long process of cross-border operations in the sector. The CEO of the European Banking Federation, the sector´s main interlocutor with European institutions, explains the sector´s main challenges just after presenting a project to boost EU capital markets.


The Fed balance sheet and repo facility cannot explain the stock market’s movement in isolation

Securitization Is Back! EU Launches Capital Markets Union

The European Commission is trying to create a single market for capital across the continent to increase and diversify the funding sources for Europe’s business and long-term projects. In the EU, mid-sized companies received five times less money from capital markets than in the U.S.


Venture capital

Alternative sources of financing: venture capital

Venture capital market is still relatively undeveloped in Spain, experts from La Caixa research argue. This kind of investment in Spanish firms totalled 280 million euros (0.03% of GDP) in 2014, clearly below the volumes of the US (0.17% of GDP).