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John O'Donnell

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

19 Oct 2017

Shadow banking grows while lending trails

DUBLIN Banks gave less cross-border credit globally in the second quarter of this year while the shadow banking sector, which includes hedge funds, continued to grow, new data published on Thursday showed.

14 Oct 2017

ECB sticks with bad loan proposal amid growing backlash

FRANKFURT/WASHINGTON The European Central Bank on Friday rejected criticism of its plans to tackle soured bad debt, arguing that the move was both legal and necessary to resolve a nagging problem that has bogged down banks for a decade.

13 Oct 2017

$1 trillion bad loan mountain casts shadow over Europe

FRANKFURT German and French banks have together amassed almost 230 billion euros ($272 billion) of bad loans, according to regulators' data, underscoring the scale of a problem often linked solely to Italy that is now causing worry across the region.

13 Oct 2017

Lawmakers hit out at ECB as bad loans standoff hardens

FRANKFURT, Oct 13 The head of the EU Parliament's influential economic affairs committee has urged the European Central Bank to "correct" its stance on bad loans, adding to a backlash against attempts to clean up soured credit.

12 Oct 2017

EU banks watchdog warns no 'empty shells' for Brexit movers

FRANKFURT Banks that want access to the European Union after Brexit need to set up more than an "empty shell" in the bloc, the region's regulators warned on Thursday, a demand that could prompt a bigger shift in jobs and business from London.

12 Oct 2017

EU banks watchdog warns no 'empty shells' for Brexit movers

FRANKFURT, Oct 12 Banks that want access to the European Union after Brexit need to set up more than an "empty shell" in the bloc, the region's regulators warned on Thursday, a demand that could prompt a bigger shift in jobs and business from London.

05 Oct 2017

Wall Street moves to Frankfurt as Brexit doubts grow

LONDON/FRANKFURT Some of the globe's biggest banks have decided to rent more office space in Frankfurt, bolstering Germany's financial hub after months of divorce talks between Britain and the EU have left London's future more uncertain than ever.

04 Oct 2017

Hedge funds boost loans to companies as banks shy away

FRANKFURT/LONDON Private equity firms and hedge funds had funds under management of $600 billion globally last year to lend to companies, a survey said on Wednesday, as they step into the shoes of traditional lenders.

21 Sep 2017

Exclusive: Italy's UniCredit signals interest in deal with Germany's Commerzbank - sources

FRANKFURT Italy's UniCredit has recently told Berlin it is interested in eventually merging with state-backed Commerzbank , two people familiar with the matter said, a combination that would create one of Europe's biggest banks.

20 Sep 2017

EXCLUSIVE-UniCredit signals interest in Commerzbank merger to Berlin - sources

FRANKFURT, Sept 20 Italy's UniCredit has recently expressed an interest to the German government about merging with state-backed Commerzbank, two people familiar with the matter said, adding that any deal would only come in the medium term.

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