Analysts caution against doomsday scenarios, arguing banks are in much better shape than in 2008 when the financial crisis unfolded.» Read More
S&P cut Italy's credit rating to one notch above junk, saying weak growth and poor competitiveness undermined the sustainability of its huge debt pile.
The European Union may ditch plans to force banks to keep high-risk trading activities separate from their main businesses because of some opposition.
The head of the Bank of Cyprus - which made history by seizing depositors' money during the financial crisis – said the lender is back on its feet.
With Russia and Ukraine for neighbors, Poland's economy is feeling the heat but government officials said Europe was more of a concern than Russia.
The owner of London's Canary Wharf on Friday rebuffed a raised $4.1 billion bid from Qatar and a North American investor.
The euro could post gains before year-end, as traders wonder if and when the ECB will launch a broader asset-buying program.
The Vatican has found hundreds of millions of euros were found "tucked away" in accounts of various Holy See departments.
Stagnant wage growth in developed countries is in danger of dragging economic performance down, the ILO warns.
Euro zone ministers are considering extending Greece's bailout by six months to mid-2015, but Athens said it was only willing to consider an extension of a few weeks to the unpopular program.
The European Central Bank is considering a broad-based quantitative easing package for its next meeting in January, a source told CNBC.
Spiralling inflation and the declining value of the ruble have already hit Russia's economy – and now prostitutes in one town are hiking their rates.
A tax on properties worth more than £1.5 million ($1.91 million) is a "disaster" for the country's luxury homes market, estate agents warn.
ECB President Mario Draghi sent markets lower, giving little detail about future stimulus measures, after opting to leave policy unchanged.
An accident at a nuclear facility in Ukraine underscored the country's lack of energy security, said experts and stakeholders.
Russians are rushing to buy high-end, U.S.-made items like cars before prices in their native rubles spike.
The ECB has "stepped up" its preparations for further asset purchases, central bank head Mario Draghi said at his his regular news conference on Thursday.
The Bank of England held its benchmark interest rate at a record low on Thursday, prompted by feeble wage growth and stagnation in the euro zone.
The twenty-fourth James Bond film is called "Spectre" with new Oscar-winner Christoph Waltz and Monica Belluci joining the cast.
Despite the political chaos in Sweden, deflation and stagnation pose a bigger threat to the triple-A rated economy.
David Beckham wants the world to know that his new deal with Global Brands isn't just about him.
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Banking stocks have been stumbling as investors seem to be losing confidence, but is it really that bad?
CNBC sets inside the London apartment of rock musician, Jimi Hendrix.
Quentin Sannié, CEO of Devialet, discusses audio tech and says his company has signed a deal with Apple to sell its device in their stores.