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  • LONDON, Nov 19- The Bank of Japan's latest money printing is adding fresh sparkle to Japanese investors' romance with French government bonds as they look abroad for alternatives to the diminishing returns on domestic debt. The European Central Bank's ultra-easy monetary policy and the BOJ's expansion of its $1.4 trillion stimulus have effectively...

  • Banks chase trading cheats with 'fuzzy' surveillance Tuesday, 18 Nov 2014 | 4:00 PM ET

    SINGAPORE, Nov 19- Stung by billion-dollar fines for malpractice on their trading floors, the world's big banks are using' fuzzy logic' tools such as relationship mapping and behavioral analytics to read the minds of would-be cheats among their traders. They know their communications are being monitored; they are using different channels and new words, "said...

  • *Merck gains after Pfizer deal. EDINBURGH, Nov 17- European shares turned solidly positive on Monday after ECB President Mario Draghi reasserted that he was ready to do more to fight deflation. Shrugging off worries that Japan's economy has unexpectedly slipped into recession, the market also drew confidence from earnings reports, merger and acquisition news...

  • *Merck gains after Pfizer deal. EDINBURGH, Nov 17- European shares reclaimed early losses on Monday as concern over Japan's economy after it unexpectedly slipped into recession proved short-lived. Pharmaceutical firm Merck rose 3.8 percent, the index's top riser, after agreeing a deal with Pfizer for sharing rights to develop its experimental immunotherapy...

  • *German GDP up 0.1 pct q/q, France +0.3 pct. *Italy languishes in recession, Greece growing. BRUSSELS, Nov 14- The euro zone economy grew more strongly than expected in the third quarter as France beat market forecasts and Germany narrowly avoided a recession, but the bloc remains weak and could need further stimulus.

  • European shares end lower as utilities, banks slide Wednesday, 12 Nov 2014 | 12:38 PM ET

    *Italy's FTSE MIB underperforms wider market. The utilities index fell 2.4 percent, the biggest sectoral decliner, led by a 5.9 percent drop in Italy's Enel after it lowered its debt-reduction target for 2014 and reported a drop in nine-month core earnings. This shows that the underlying problems for the market are still very much intact, "said Gerhard Schwarz,...

  • Weaker utilities, banks drag down European shares Wednesday, 12 Nov 2014 | 11:20 AM ET

    The utilities index fell 2.4 percent, the biggest sectoral decliner, led by a 5.7 percent drop in Italy's Enel after it lowered its debt-reduction target for 2014 and reported a drop in nine-month core earnings. Germany's top utility E.ON fell 4 percent after posting a steep drop in profits at its business in Russia, its most important foreign market.

  • European shares slip as banks, retailers retreat Wednesday, 12 Nov 2014 | 7:20 AM ET

    *HSBC, RBS, UBS, Barclays in focus after forex probe fines. LONDON/ PARIS, Nov 12- European shares fell on Wednesday, with financials hit after global regulators fined five banks for failings in currency trading, while supermarket chain J. Sainsbury dropped after announcing plans to cut prices. The European banking index slipped 1.3 percent after global regulators...

  • Europe shares fall; banks mixed after forex probe fines Wednesday, 12 Nov 2014 | 4:48 AM ET

    *HSBC, RBS, UBS, Barclays in focus after forex probe fines. The regulators imposed penalties totalling $3.4 billion on UBS, Citigroup, HSBC, Royal Bank of Scotland and JP Morgan. HSBC was down 0.9 percent and RBS dipped 0.2 percent, while the Frankfurt- listed shares of JPMorgan and Citi were down 0.6-0.9 percent.

  • European shares trim some gains as Italian stocks fall Tuesday, 11 Nov 2014 | 11:05 AM ET

    *Vodafone up 5.7 pct as it raises guidance. LONDON, Nov 11- Europe's benchmark index of top shares trimmed its gains on Tuesday, hurt by a fall in Italian stocks and a weak open on Wall Street, but remained supported by strength in telecoms issues. Italy's FTSE MIB underperformed, down 0.2 percent, led lower by a 3.8 percent fall in UniCredit.

  • BASEL, Switzerland/ LONDON, Nov 10- Banks may have to scrap dividends and rein in bonuses if they breach new rules designed to ensure that creditors rather than taxpayers pick up the bill when big lenders collapse. Mark Carney, chairman of the Financial Stability Board and Bank of England governor, said the rules, proposed on Monday, marked a watershed in putting an...

  • BASEL, Switzerland/ LONDON, Nov 10- Global regulators on Monday proposed new rules to ensure that bank creditors rather than taxpayers pick up the bill when a big lender collapses. Mark Carney, chairman of the Financial Stability Board and Bank of England governor, said the plans marked a watershed in ending banks that are too big to be allowed to fail.

  • German trade surge eases recession fears Friday, 7 Nov 2014 | 3:10 AM ET

    German exports and industrial output rebounded in September, likely helping Europe's largest economy to avoid falling into recession.

  • UPDATE 1-German trade surge eases recession fears Friday, 7 Nov 2014 | 2:45 AM ET

    *Economists see Germany eeking out meagre growth in Q3. BERLIN, Nov 7- German exports and industrial output rebounded in September after sharp falls in the prior month, likely helping Europe's largest economy to avoid falling into recession in the third quarter. If you take exports and industrial production together, we will see a small amount of GDP growth in the...

  • MILAN/ LONDON, Nov 5- Italy's Monte dei Paschi di Siena is likely to tap investors for up to 2.5 billion euros next year to fill a capital shortfall laid bare by recent stress tests, pay back state aid and prepare itself for a possible takeover, banking sources said. The future of Italy's third biggest bank, the world's oldest, has been hanging in the balance after a...

  • LONDON, Nov 5- Oil's tumble to new four-year lows on Wednesday prompted a heavy selloff of stocks and bonds in energy-producing emerging markets from the Middle East to Russia, while importer countries like India enjoyed the prospect of cheaper fuel. "We're going to start seeing some secondary effects of the oil price," said Ilan Solot, a strategist at Brown...

  • *None of the 54 economists polled expect any BoE action on Nov 6. LONDON, Oct 29- A rise in British interest rates in the first quarter of 2015 is now much less certain, according to a Reuters poll in which almost half the economists questioned thought the hike would come later in the year. In an Oct. 1 poll 54 of 60 economists had expected the Bank of England to act before...

  • LONDON, Oct 27- Europe's banking health check has shown countries and lenders are implementing global capital rules at vastly different speeds, and 36 companies would have failed if new capital rules were fully applied. Europe had gained credibility, said Karen Petrou, co-founder of Federal Financial Analytics in Washington. Federal Reserve was still...

  • LONDON, Oct 27- Europe's banking health check has shown countries and lenders are implementing global capital rules at vastly different speeds, and 36 firms would have failed if new capital rules were fully applied. The euro zone is lagging behind countries outside the bloc in implementing the Basel III capital rules that are due to come into full force in 2019,...

  • *Monte Paschi hires UBS, Citi to review options, including merger. MILAN/ ROME, Oct 26-- Italy's Monte dei Paschi di Siena faces a 2.1 billion euro funding shortfall that could force it to seek a merger, after a European banking review revealed serious weak points in the Italian financial system. The historic Tuscan lender, which was founded in 1472 and carried out a 5-...