WFW advises Hellenic Bank on US$11.8m loan facility agreement towards Gas Ray Shipping

International law firm Watson Farley & Williams (“WFW”) has advised Hellenic Bank Public Company Limited (“Hellenic Bank”) in relation to a US$11,825,000 loan facility made available to Gas Ray Shipping LLC for the purpose of refinancing the acquisition c

Greek Central Bank Chief Warns Bailout Delay Risks Rerun of 2015

Greece must immediately reach an agreement with creditors on the release of bailout funds or risk another recession and even more austerity measures, the country’s central bank chief said.

Greek Central Bank Chief Warns Bailout Delay Risks Rerun of 2015

Greece must immediately reach an agreement with creditors on the release of bailout funds or risk another recession and even more austerity measures, the country’s central bank chief said.

Greek central bank disputes IMF’s view on bank capital buffer need

Greece’s central bank is disputing the International Monetary Fund’s view that the country’s banks need a 10 billion-euro capital buffer to cover any further bailout support, saying the IMF does not explain why such support would be needed.

Deutsche Bank Must Weigh Scrapping 2016 Bonus, Sewing Says

Deutsche Bank AG’s supervisory board should discuss scrapping bonuses for top executives for a second year after Germany’s largest bank put dividend payments on hold, consumer banking chief Christian Sewing said.

European Bank Stress Tests Get More Stressful When You Make Them American

The European Banking Authority’s stress tests released on July 29 served as a key plank in the region’s effort to publicly demonstrate to markets and regulators around the world that its banking system is on the mend.

Bank of England easing bonanza may add pressure for more ECB action

The Bank of England’s bigger-than-expected policy-easing move last week adds pressure to the European Central Bank (ECB) to take further stimulating action, economists have said.