European shares declined, hitting a two-week low, pressured by British banks amid proposed tax changes. Natwest, Barclays, and Lloyds experienced significant drops. The STOXX 600 fell, marking its first weekly loss in four, influenced by U.S. Federal Reserve concerns and French political uncertainty. U.S. inflation data and Trump’s attempts to influence the Fed also weighed on market sentiment.
Axis Bank set to raise $700 million through ECB swap facility
Axis Bank is set to secure seven hundred million dollars through a dedicated external commercial borrowing facility. This loan features two tranches with tenures of