Europe's largest banks cut their staff by another 3.5 percent last year» Read More
MILAN, Nov 13- Italian airline Alitalia is likely to extend the deadline for subscribing to a capital increase at Wednesday's board meeting to give major shareholder Air France-KLM more time to sign up.
LONDON, Nov 13- Banks and miners led European shares lower around midday on Wednesday as uncertainty over the future of equity-friendly monetary stimulus sapped the appetite for risk.
MILAN, Nov 6- Italy raised a record 22.3 billion euros from the sale of a four-year inflation-linked bond that concluded on Wednesday, with institutional players snapping up paper aimed at small investors. Italy has now met nearly 95 percent of its annual funding goal and analysts said they expected the Treasury to cancel its mid-December bond sales.
MILAN, Nov 5- Italy raised almost 17 billion euros from the first day of sales of a new government bond tied to inflation targetted at small investors, giving it more leeway to reduce its international borrowing for the rest of the year.
LONDON, Nov 5- Spanish bond yields bounced off six-month lows on Tuesday, as investors shuffled portfolios before a debt sale in a market hit by uncertainty over whether the European Central Bank would flag further monetary easing. But on Tuesday, investors were making room for the 3- 4 billion euros of 2018, 2023 and 2026 bonds on offer on Thursday.
LONDON, Nov 4- Increased prospects of a European Central Bank interest rate cut this year sent the euro to a six-week low on Monday and boosted the region's share markets, which extended gains on robust manufacturing data.
VELIZY, France, Nov 3- Installation art, interactive walls and a robot doorman; the flagship branches of the world's top banks have come a long way from the iron grilles and potted plants of old.
LONDON, Nov 1- Hedge funds are clamouring for Portuguese banks to end a four-year absence from the junior bond market after successful issues from Italy's UniCredit and Spain's CaixaBank, debt bankers said on Friday.
LONDON, Oct 28- A four-month, largely indiscriminate rally in Europe's banking shares is under threat, as the European Central Bank's asset quality review lays bare the shortfalls of weaker institutions.
MILAN, Oct 28- Italy's two-year yields hit their lowest level since May at an auction of zero-coupon bonds on Monday as expectations of abundant liquidity both in Europe and the United States supported shorter maturities.
FRANKFURT, Oct 23- The European Central Bank vowed on Wednesday to submit the euro zone's top banks to a comprehensive batch of tests next year, staking its credibility on a review that aims to build confidence in the sector.
Alexander Proschofsky, the leader of a shareholder revolt against Julius Meinl over the management of his bank, is a rare example of an activist investor in a culture where consensus is the norm.
Italy's FTSE MIB traded down 2.5 percent on Monday after members of Berlusconi's center-right People of Freedom (PDL) party threatened over the weekend to bring down Prime Minister Enrico Letta's government.
Commerzbank Chief Financial Officer Stephan Engels said the default of Detroit had dented second-quarter earnings, adding that the lender had made "adequate" provisions.
Italy's largest bank posted better-than-expected net profit on Tuesday, despite setting aside 1.7 billion euros ($2.3 billion) to cover losses on bad loans.
French bank Natixis posted second-quarter profit and revenue that beat estimates on Tuesday, after rival Credit Agricole reported results that also topped forecasts.
Expectations for a rate cut in the euro zone soon and domestic bond purchases announced by the Bank of Japan have lifted the mood on debt markets, pushing investors to take more risk in exchange for higher returns.
Journalists seem to be outnumbering Cypriots standing in lines at banks in Nicosia. That's good news, right?
Small companies struggling to repay loans in Italy and Spain signal bigger problems on the horizon for the euro zone after the dust has settled on Cyprus's last-ditch bailout.
There is serious damage accumulating in European banks, yet at least for today, Cyprus isn't all to blame.