Standard & Poor's Ratings Services on Monday revised its outlook on the European Union to "negative" from "stable," citing Greece as a factor.» Read More
Negative deposit rates could boost — rather than hurt — bank profitability, ECB Vice President Vitor Constancio told CNBC on Wednesday, bringing the contentious issue of negative rates back into the spotlight.
European stocks closed lower on Wednesday as concerns continued over the possibility the Federal Reserve might begin tapering of asset-purchasing.
The Swiss government says banks can sidestep secrecy laws to disclose clients' names in a move intended to help resolve a long-running tax dispute with the U.S.
Shares in Club Mediterranee extended their gains above the proposed bid price on Wednesday amid signs some investors in the French holiday firm are pushing for a better deal.
The European Commission has given France, Poland, Slovenia and Spain two year extensions to meet budget deficit targets, as it reprimanded Belgium, which could become the first country to be fined for failing to reduce its deficit.
Brussels's softening stance on austerity with stability and growth measures set to be delayed for another two years is an exercise in "pretend and extend" and what's really needed is urgent structural reforms, analysts have told CNBC.
European equities could surprise to the upside this year, with earnings growth making it a "buy-one-get-one-free market," HSBC's Peter Sullivan told CNBC.
The U.K. will have the highest online retail sales of any country by 2018 as a greater number of shoppers shun the High Street, forcing the closure of one in five shops over the next five years.
The Swiss government is considering a proposal to disclose bank client names and pay a multibillion-dollar fine to the United States to resolve a dispute over tax-evasion cases. The New York Times reports.
Mark Carney may move to depreciate the pound, according to Pimco, a gambit which would see the U.K. join the global battle of countries competing to soften their currencies.
While banks must be "credible" and have capital buffers in place, they also must remain profitable to prevent them from taking unnecessary risk, the German central banker responsible for financial stability said.
The Bank of England's deputy governor, has accused investment banks of spending the last 20 years trying to dodge the rules.
Brussels will on Wednesday give its clearest signal yet that it is moving away from a crisis response based on austerity, allowing three of the EU's five largest economies to overshoot budget deficit limits. The FT reports.
Banks have been skipping along the yellow brick road, content in a fairytale landscape awash with quantitative easing. But the sky darkened last week, as the industry's best friend threatened to become a foe.
German Finance Minister Wolfgang Schaeuble warned on Tuesday that abandoning the continent's welfare model in favor of tougher U.S. standards would cause "revolution".
The French central bank chief urged President Hollande and his government to stop hiking taxes and to cut government spending. His comments on Tuesday echoed ratings agency Standard & Poor's calls.
Germany's insistence on keeping wage growth in check has given the country an unfair competitive advantage and is preventing troubled countries from returning to growth, a new study argues.
Hungary's central bank lowered its key interest rate by another 25 basis points to 4.5 percent on Tuesday. It is the tenth consecutive 25 basis point cut.
Bank of America Merrill Lynch has sliced its 2013 outlook for silver, in a warning sign for investors that view it as a leading indicator for gold.
CNBC's Karen Tso reports on all the market moving events from Europe, after a public holiday on Monday and recent volatility in Asia subsided.
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Colin Hamilton, head of commodities research at Macquarie, discusses the commodities market and the collapse in prices for metals such as copper and gold.
Chris Wheeler, banks analyst for Atlantic, discusses the challenges facing HSBC.
Christian Keller, head of economics research at Barclays, discusses Greece's PMI data and its banking sector as the countries stock market reopens after a 5-week shutdown.