The BoE is investigating whether its officials knew of the possible manipulation of auctions designed to inject money into the credit markets. The FT reports.» Read More
The U.K. is not usually seen as a prime location for second homes, but a growing number of Russians are snapping up real estate on a strip of coastline dubbed “Britain’s Palm Beach.”
EU lawmakers have called for the suspension of a controversial financial data sharing agreement between the European Union (EU) and the U.S. aimed at tracking terrorists' funds.
The European Union politician behind controversial legislation to cap bonus payments dismissed the U.K. government's plans to challenge them on CNBC.
Despite the pro-business tone of France's 2014 budget, the country's largest business lobbying group said the proposals presented by the government on Wednesday were a blow for competitiveness, growth and jobs.
Barclays will stop offering wealth management services in about 130 countries by 2016 and cut jobs
Europe must make a decision as soon as possible on setting up a strong central authority to handle failing lenders, a key plank of establishing a successful banking union, former European Central Bank (ECB) president Jean Claude Trichet urged on Thursday.
Lixil Group has reached a basic agreement to buy Grohe, Europe's biggest bathroom installations maker, for about 400 billion yen ($4 billion).
Greece does not require a third bailout and can cover its needs without further burdening its current backers, by improving the terms of its debt,the deputy prime minister said on Wednesday.
The International Monetary Fund disbursed the next $1 billion aid tranche to Ireland on Wednesday.
Britain is mounting a legal challenge against the European Union's cap on bankers' bonuses, the country's Treasury told CNBC on Wednesday.
France presented its budget for 2014 introducing far-reaching spending cuts and shifting the tax burden from French businesses to households.
As the economic crisis wears on, the asset-rich but cash-poor middle and upper classes are turning to putting up their high-end possessions for short-term loans.
Investors confident in Europe's upturn should consider purchasing bonds from the region's struggling peripheral countries, euro zone analysts said.
ICAP, the world's largest interdealer broker, has been fined $87 million by regulators over its role in the Libor rate rigging scandal.
Paris' ambition to become a global hub for entrepreneurship took a definite step forward on Tuesday, with the launch of a project to build the world's biggest start-up incubator.
Europe's largest banks will need to find an extra $95 billion of capital to comply with the tough rules due to be implemented in 2019, according to the banking regulator.
Air France’s hold has recently suffered a spate of high-profile crimes.
The Deputy CEO of Greece's Piraeus Bank has told CNBC its non-performing loans are still rising and that it will have to take further provisions for losses in the current quarter.
The U.K.'s biggest utilities have hit out at plans by the country's opposition party to freeze energy prices if it wins the next general election in 2015.
The Bank of England will keep a close eye on the rising cost of houses in the country and says it can choose from a range of policy tools to employ if a price surge posed a risk to the financial system.
John Ducas, founder at Ducas Capital Management talks about his financial research firm and his assessment processes including using social media platforms for decision-making.
Douglas Morton, head of Asia research at Aviate Global discusses China's recent moves to cut interest rates and how it was a surprise to many because it was such a "broad-based interest cut".
Amjad Bashir, MEP of UKIP talks about what the UK Independence party would bring to the UK, in terms of the EU referendum, cutting the deficit, trade and immigration.