Banco Popolare and Banca Popolare di Milano are ready to announce a merger to create Italy's No. 3 bank if regulators give the green light.» Read More
CNBC's Steve Liesman and Silvia Wadhwa have the details on ECB board member Juergen Stark's resignation and reaction from the ECB.
Currency intervention gains steam, economic reports lose it - it's time for your FX fix.
Christine Lagarde, the managing director of the International Monetary Fund, warned that the global economy is entering a "dangerous new phase" on Friday, ahead of the G7 summit in Marseilles, France.
The euro is nothing more than an economic mirage because it lacks the essential building blocks of a long-term secure currency, according to Tim Martin, chairman of UK pub restaurant chain JD Wetherspoon.
The boss of the Greek debt office (PDMA) has told CNBC that Friday is not the deadline for the debt swap plan.
Markets Friday will debate the merits of President Obama's $447 billion jobs package and monitor G-7 finance ministers, who meet in France against a backdrop of weaker global growth and fears of financial contagion from Europe.
Yahoo shares surged Thursday after an activist investment hedge fund announced it had purchased a stake in the company and amid rumors that Yahoo's co-founder may be trying to buy back the company.
With all the action on the Continent, the British pound has been out of the spotlight. It's time for a look — and you might not like it.
Discussing today's drop in the euro and its impact on the U.S. dollar, with Nick Bennenbroek, Wells Fargo head of currency strategy.
Volatility is alive and well in gold. Insight with George Gero, RBC Capital Markets, and the Fast Money traders look at the midday market pops and drops.
The Greek tragedy in several acts would appear to be approaching a climactic moment. The warnings coming out of Berlin all week have been hard to ignore: "Greece either puts up or shoves off" would seem to be the blunt message being offered.
Central banks go easy and the Australian jobs report disappoints - it's time for your FX Fix.
The clouds of gloom hanging over the US, Europe and Japan darkened Thursday with stark outlooks from both influential investment bank Goldman Sachs and the Organisation of Economic Co-Operation and Development (OECD).
The European Union should appoint a new budget tsar with powers to dictate taxes and spending in euro zone countries and who could ultimately adjudicate whether countries should be kicked out of the euro, the Dutch prime minister has argued in the Financial Times.
Markets will be watching three major policy speeches Thursday, including President Obama and Fed Chairman Bernanke, but the speaker that may be most dramatic may be out of Europe.
The Swiss National Bank and the German courts have changed the outlook for the euro - but it's still cloudy.
Todd Gordon, Aspen Trading Group, co-head of research and trading, shares insight into trading the Euro post the Germany bailout. He suggests to sell the euro vs. the U.S. dollar.
George Soros is warning the euro zone debt crisis could be worse than the Lehman crisis but stocks across Europe are sharply higher this morning following news from Athens and Rome on how they plan to tackle their budget deficits.
The Swiss central bank's decision to set a limit on how much the Swiss franc can appreciate against the euro is "a huge mistake," investor Jim Rogers, chairman of Rogers Holdings, told CNBC.com on Wednesday.
Remember the collapse of Lehman Brothers ? Europeans certainly do. As Europe struggles to contain its government debt crisis, the greatest fear is that one of the Continent’s major banks may fail.