Barclays and Deutsche Bank will take a knife to bonuses for investment bankers as they seek to tackle high costs, people familiar with the matter said.
Output at euro zone factories fell for the third straight month in November and against expectations of a rise.
The euro continues its climb, the yen keeps up its slide, and Nouriel Roubini gets blamed for the forint's fall - it's time for your FX Fix.
CNBC's Kelly Evans reports on all the market moving events from around the globe.
Smoking pot in the Netherlands is now a city-by-city choice for tourists, the Global Post reports.
As Italian bond yields plummeted last week, CNBC's Bernie Lo caught up with Italy's Finance Minister Vittorio Grilli, and asked whether the low yields were skewed, given the ongoing troubles in Italy's economy.
CNBC's Michelle Caruso-Cabrera reports the Italian government borrowed 3.5 billion euros of 3-year bonds at a yield of 1.85 percent on Friday.
Europe's peripheral economies face a re-run of the U.K.'s "winter of discontent", with high unemployment and stagnant growth, according to a report by Goldman Sachs.
CNBC's Ross Westgate reports on all the market moving events from around the globe, including the unveiling of a new stimulus package in Japan.
Adolfo Laurenti, Deputy Chief Economist & MD, Mesirow Financial discusses the impact of the ECB's recent policy decision. He adds that Mario Draghi will likely keep his "powder dry" for policy reasons.
Francois Hollande's clumsy handling of financial reform promises has turned public mood against him and prompted smirking foreign leaders to offer refuge to French tax exiles.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, as the ECB decided to keep its interest rates unchanged at 0.75 percent.
The Bank of England kept its powder dry on Thursday, voting as expected not to buy more government bonds.
The ECB said on Thursday that recent economic surveys and indicators had shown signs of stabilizing, suggesting an improved picture later in the year.
CNBC's Kelly Evans reports on all the market moving events from Europe, as investors looked towards key rate decisions by the European Central Bank and Bank of England.
The Obama administration on Wednesday publicly signaled its growing concern about a possible British exit from the EU, just days before David Cameron sets out plans for a referendum on the issue.
CNBC's Kelly Evans reports on all the market moving events from Europe, as a positive start to U.S. earnings season push stocks slightly higher.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, as shares surrendered gains and investors braced for sluggish earning results from the U.S.
Ireland sold 2.5 billion euros ($3.3 billion) of debt on Tuesday, raising a quarter of the 10 billion euros it aims to borrow in 2013 ahead of a planned exit from its EU/IMF bailout.
CNBC's Kelly Evans reports on all the market moving events from Europe, as prices on EU debt rise and yields fall slightly.