The first bail-in under new European rules has taken place. A little more than a week ago Heta Asset Resolution’s bondholders had no choice but to take their losses, as the Austrian regulator ordered for 54% of its debts – 100% in the case of junior (subordinated) bonds – to be written off. Bondholders will
A revamped platform facilitating proxy voting now comprises over 1500 European companies. The financial crisis of 2008 revealed significant deficiencies in corporate governance, partly due to a lack of shareholder engagement. To this day individual investors continue to face many obstacles in exercising their voting rights and actively engage in the governance of the companies
BETTER FINANCE’s Spanish member organisation ADICAE is celebrating a historic victory against 101 banks in what has been the biggest class action Spain has ever seen.
BETTER FINANCE, the European Federation of Investors and Financial Services Users, has committed to support the Stichting (Foundation) Volkswagen Investors Claim in pursuing recovery for investors who suffered investment losses resulting from the Volkswagen (VW) emissions scandal.
At last year’s Annual General Assembly of Iberdrola, Adicae – one of BETTER FINANCE’s Spanish member organisations – denounced the behaviour of the company’s Board of Directors with regard to its small shareholders. During the meeting Adicae protested against the fact that Iberdrola used the attendance bonus as bait for shareholders to vote in favour
60 years of European Common market, two green papers, but very little progress: we believe that this is another opportunity to finally bring about a common European market for retail financial services. We dearly hope it does not fail like all previous attempts over the last 60 years or so.
BETTER FINANCE took a closer look at a sample of new Robot Advice providers, both in the US and in selected EU countries (Belgium, France, Germany, UK). The research concentrated on the products on offer as well as prices.
BETTER FINANCE – the European Federation of Investors and Financial Services Users – took a closer look at a sample of new Robot Advice providers, both in the US and in selected EU countries (Belgium, France, Germany, UK). The research concentrated on the products on offer as well as prices.
BETTER FINANCE, the European Federation of Investors and Financial Services Users, published the findings of its research on Robot Investment Advice analysing and comparing the main US-based platforms with a selection of the newer European ones.
On 11 February 2016 BETTER FINANCE sent an open letter to the Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) and to the Commissioner for Financial Stability, Financial Services and Capital Markets Union to request that the European Securities and Markets Authority (ESMA) follow up on its release of the results