The Swiss banking industry has to adapt to the new global environment and concerns over transparency, Bernhard Bauhofer from Sparring Partners told CNBC Thursday. "Onshore banking is the future business model in banking," Bauhofer said.

Switzerland's involvement in the US mortgage market had a big impact on the country's economy, Swiss Vice President & Economic Affairs Minister Doris Leuthard told CNBC. "Our banks have to regain credibility," Leuthard said.

Shares of Sportingbet gained Wednesday after the group provided a confident outlook for the full year. "It does prove that gambling is relatively resilient (during a recession)," James Hollins from Daniel Stewart told CNBC.

The UK economy shrank by 0.3% in the third quarter, data revealed Wednesday after a slight upward revision from the flash estimates. George Magnus from UBS considers the outlook for the UK economy.

UK soft drink maker Britvic posted a sparking set of full-year results Wednesday, beating expectations with a 23% rise in profit. "We had a very strong 2009," CEO Paul Moody said. "We see that momentum roll into the new year …The soft drinks market, both fizzy and still, is showing growth," he added.

WestLB received a last-minute lifeline Tuesday as Germany's Finance Ministry confirmed that an agreement had been reached to help the stricken lender. Lothar Mentel from Octopus Investments and CNBC's Silvia Wadhwa have analysis.

UK bank Lloyds launched the world's largest cash call Tuesday, at a 60% discount to Tuesday's closing price. CNBC's Carolina Cimenti has this report.

"Whoever wins the (UK general) election is going to have to shortly afterwards give some program for getting the public finances back into shape," Richard Lambert, director general of the CBI, told CNBC Monday.