Paul Donovan, global chief economist at UBS Wealth Management, discusses global monetary union - asserting that no country will leave the euro zone.
Paul Donovan, global chief economist at UBS Wealth Management, contrasts the German and Italian banking environments.
The Italian government approved a decree on Friday to bail out Monte dei Paschi di Siena.
More than eight years after the collapse of the global financial system, the Continent's banks are struggling and things may worsen.
The original plan to fix Italian banks by using private investor cash could never work, according to one analyst.
Italy's parliament has approved a 20 billion euro rescue fund for Monte dei Paschi after the bank failed to secure an anchor investor.
The pound may have recovered from its post-Brexit lows, but it’s set to face another round of Brexit heat, analysts said.
Markets are betting the greenback will climb, but now is the time to go short, said Adrian Zuercher, UBS' head of asset allocation for Asia.
The dollar took a breather from its run since the November 8 U.S. presidential election.
More than eight years after the collapse of the global financial system, the Continent's banks are struggling — and things may worsen.
European shares closed lower on Wednesday as concerns increased regarding the stability of the Italian banking system.
Danske Bank's Thomas Harr says the Sweden's Riksbank is one of the few central banks out there that is trying to live up to its inflation mandate.
The move represents the most high-profile challenge to supervision from Frankfurt to date.
The dollar edged higher on Friday, holding near 14-year highs touched after Wednesday's Federal Reserve meeting.
JP Morgan Asset Management's Nick Gartside explains why Donald Trump's proposed fiscal boost will be great for growth but terrible for fixed income.
Nick Nelson, head of European equity strategy at UBS, discusses the Fed's decision to hike rates and the impact of this on European equities.
Eugen Weinberg, MD and head of commodity research at Commerzbank, discusses why spot gold is close to a 10-month low.
John Taylor, global fixed income portfolio manager at AllianceBernstein, discusses the global bond market, adding that yields could move higher in 2017.
U.S. equities closed at all-time highs on Friday, as the major indexes posted their best week since the election.
The ECB's extension of its easing program drove the single currency to its biggest daily loss against the dollar since the Brexit vote.