Stoxx 600, FTSE, DAX, BOE decision

The Bank of England (BOE) in the City of London, UK, on Monday, Dec. 16, 2024.  Jason Alden | Bloomberg | Getty Images LONDON — European stocks opened higher on Thursday, as traders evaluated the U.S. Federal Reserve’s rate cut on Wednesday. The pan-European Stoxx 600 was 0.5% higher by 8:18 a.m. in London (3:18…

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How Italy’s banking M&A wave started crashing

View of the branches of the Italian bank Monte deo Paschi in Rome. Nurphoto | Nurphoto | Getty Images By late spring, Italy’s banking world was swept up in a storm of convoluted takeover bids and counterbids involving a swathe of the country’s major lenders. Three months later, only one high-profile bid is still standing….

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