The CEO of UniCredit has told CNBC the bank will focus on "growth and profitability" after reporting a massive loss.
The inquiry into alleged manipulation of the currency market now takes in the world’s biggest banks, traders – and now the U.K’s central bank.
U.S. and European negotiators open a fourth round of high-stakes trade talks this week, and there are lots of disagreements.
The proposed banking union for the euro zone took another step forward with the ECB giving further detail of its stress tests.
Cyprus's finance minister, Harris Georgiades, concedes there were "problems in the past" between the Cypriot government and the central bank governor, who has just resigned.
European stocks closed mixed on Tuesday, as the crisis in Ukraine curbed enthusiasm for riskier assets.
Riccardo Barbieri, chief European economist at Mizuho International, says UniCredit could be vulnerable the turmoil in Ukraine, given its exposure to eastern europe.