Merrill Lynch

One of the conclusions in the aftermath of the suicide bomb attack in Istanbul last week, which claimed the lives of 10 German nationals, was that the perpetrators, the Islamic State of Iraq and the Levant (ISIL) in this case, was aiming at targeting the image of Turkey as a safe touristic country. 

Prime Minister Ahmet Davuto?lu will meet foreign investors in London on Jan. 17-19 in a series of meetings hosted by global investment bank Merrill Lynch. 

Davuto?lu will be accompanied by Deputy Prime Minister Mehmet ?im?ek, several ministers, and a number of top economy officials, with sources telling Reuters that he plans to "share details of the government's reform agenda." 

Greece’s financial institutions are holding a series of meetings with international investors participating in Greece’s systemic banks in view of the recapitalization process to be completed later this year.

By Isobel Finkel

Finansbank, the Turkish lender owned by National Bank of Greece, has delayed a planned secondary public offering that must be held this year to cut the Greek investor?s stake in line with a European Commission agreement.

Yes, it is right that there was a huge turnout in the meetings Prime Minister Ahmet Davuto?lu held in New York with finance circles.

More than 70,000 people have already asked Google to delete links about them under Europe's "right to be forgotten" ruling, with some of the world biggest news sites the first to be hit.
      

Europe’s biggest fund managers are heeding policy makers’ warnings that an “excessive” search for yield is making bonds from companies in the region’s most indebted countries vulnerable to a selloff.

Bank of America Corporation’s Merrill Lynch unit said in a report issued on Tuesday that the recent decline in share prices at the Greek bourse offers value as Greek banking recovers and that there is no prospect for an early general election before March 2015, when the Parliament’s likely inability to elect a new president to replace Karolos Papoulias will lead to a parliamentary poll.

The National Bank of Greece has priced its share offer at 2.00-2.60 euros a share, in a placing worth up to 2.5 billion euros, two sources familiar with the matter said on Wednesday.

“There has been incredibly broad-based demand,” one of the sources said.

By Alastair Marsh

The penalty that banks in Europe’s most indebted nations pay to borrow compared with those from the richest economies fell to the lowest in four years amid growing confidence in the region’s economic recovery.