A strong dollar won't significantly change the Fed's plan to raise interest rates this summer, Pimco's Scott Mather said.» Read More
Banks will pay back 4.993 billion euros next week of the 3-year loans they took from the European Central Bank a year ago, bringing the total payback of the first 489 billion in loans to 146 billion.
With unemployment at a 16-year high and one in five people living below the poverty line, the number of people using food banks in the U.K. has escalated during the recession. But it's not just the less well-off that are in need of help.
Economic activity in the euro area will remain weak in early 2013 before gradually recovering later in the year, European Central Bank (ECB) President Mario Draghi said on Thursday.
Mark Carney, the next governor of the Bank of England, said on Thursday any rethink of how British monetary policy is run should be made carefully but changes should be looked at over time.
Political uncertainty over a corruption scandal and revived concerns over the economic health of the euro zone forced the Spanish Treasury to pay more to borrow at a triple-bond auction on Thursday.
Forget about statistics for employment and industrial production, it is being claimed that the price of a hamburger is showing where Europe's economic reforms are working - and where they are not.
Barclays is nearing the completion of a raft of job cuts at its investment bank as part of its new chief executive's plan to streamline operations and cut costs, a person familiar with the matter said on Wednesday.
Whether stocks can break out one way or the other has been the question of the week, and the drama is building.
American companies aspire European region to boost its profit in 2013 after years of weakness.
In total RBS, Barclays and UBS will pay nearly $3 billion in fines stemming from the multi-year practice of artificially suppressing these benchmark interest rates, a practice that spanned the financial crisis and beyond.
The head of the CFTC says this is yet another glaring example of the financial sector run amok and warns regulators around the globe need bigger and heavier hammers.
Stock inflows do not seem to be at the expense of fixed-income, bond dealer Bill Gross told CNBC.
Incoming Bank of England Governor Mark Carney is set to address policymakers at a U.K. parliamentary committee on Thursday with many expecting sterling to fall as he delivers his dovish policy outlook, but analysts have told CNBC that this could prove to be wrong and the currency could in fact move sharply higher.
Spanish regions are Prime Minister Mariano Rajoy's biggest headache: they're highly indebted and decentralized. RBS has found a sweet spot in Spain's strongest regions with returns of 14 percent over the past three months since the bank initiated the trade.
British Prime Minister David Cameron hopes to enlist the support of Germany and other rich north European countries in his fight to freeze EU spending at budget talks this week and is prepared to block a deal unless more savings are found.
Record high unemployment mean the European Central Bank has scope to lower interest rates in order to weaken the spiraling euro, ING Senior Economist Carsten Brzeski said.
The current scandal surrounding Spanish Prime Minister Mariano Rajoy will not disappear any time soon and investors should expect ongoing volatility, according to the European research team at one of the world's largest banks.
The chief executive of Research In Motion said he's disappointed the new BlackBerry won't be released in the United States until mid-March, but he said early data suggests sales in the U.K. are above expectations.
As Spanish and Italian bond yields creep higher, strategists say yields could spike to the autumn 2011 levels that led to fears that Spain needed an imminent bailout.
After several weeks of improved sentiment, yields on Italian and Spanish bonds spiked this week amid political uncertainty. But instead of fleeing to safe havens, investors may seek a halfway house in French sovereign bonds, analysts told CNBC.