Irish airline enjoys better-than-expected first quarter in which net income rose 152 percent from a year earlier.» Read More
While banks must be "credible" and have capital buffers in place, they also must remain profitable to prevent them from taking unnecessary risk, the German central banker responsible for financial stability said.
The Bank of England's deputy governor, has accused investment banks of spending the last 20 years trying to dodge the rules.
Brussels will on Wednesday give its clearest signal yet that it is moving away from a crisis response based on austerity, allowing three of the EU's five largest economies to overshoot budget deficit limits. The FT reports.
Banks have been skipping along the yellow brick road, content in a fairytale landscape awash with quantitative easing. But the sky darkened last week, as the industry's best friend threatened to become a foe.
German Finance Minister Wolfgang Schaeuble warned on Tuesday that abandoning the continent's welfare model in favor of tougher U.S. standards would cause "revolution".
The French central bank chief urged President Hollande and his government to stop hiking taxes and to cut government spending. His comments on Tuesday echoed ratings agency Standard & Poor's calls.
Germany's insistence on keeping wage growth in check has given the country an unfair competitive advantage and is preventing troubled countries from returning to growth, a new study argues.
Hungary's central bank lowered its key interest rate by another 25 basis points to 4.5 percent on Tuesday. It is the tenth consecutive 25 basis point cut.
Bank of America Merrill Lynch has sliced its 2013 outlook for silver, in a warning sign for investors that view it as a leading indicator for gold.
CNBC's Karen Tso reports on all the market moving events from Europe, after a public holiday on Monday and recent volatility in Asia subsided.
Analysts warn that French president François Hollande's latest embarrassing U-turn on executive pay, will not be enough to restore entrepreneurs' confidence in the country.
Standard Chartered remains committed to expanding its presence in Africa, the firm's executive director told CNBC.
Agata Urbanska, CEE Economist at HSBC, tells CNBC that there is a wide consensus interest rates will be cut by 25 basis points in Hungary.
Julia Chatterley takes you through the European market open where stocks have come in higher.
Neil Dwane, chief investment officer for Equities for Europe at Allianz Global Investors, tells CNBC that the hard part for both Japan and Europe will be the underlying restructuring of the economy.
France needs to deliver promised budget cuts if it wants to avoid a further credit rating downgrade, Standard & Poor's lead analyst for France said.
Shares in state-owned Spanish lender Bankia tumbled on Tuesday after billions of new shares flooded the market as part of a multi-billion euro cash injection.
Paul Krake, Founder of 'View from the Peak: Macro Strategies', says the global trade environment is not a level playing field, but proposed EU tariffs on imported Chinese goods are not the solution. Andy Xie, Independent Economist, joins the conversation.
A survey of thousands of international employers shows one in four struggling to fill vacancies, despite soaring unemployment in Europe and beyond.
A majority of EU governments oppose a plan to impose hefty duties on solar panel imports from China, undermining efforts to pressure Beijing over its trade practices.
Get the best of CNBC in your inbox
Scott Dietzen, CEO of Pure Storage, says the company has under-cut traditional data storage by using technology which allows for a faster, simpler user experience.
Spanish lender Bankia announced a near-doubling of quarterly net profit on Monday. CFO Leopoldo Alvear joins CNBC to discuss.
European shares closed lower on Monday, with investors focused on corporate earnings as well as developments in Ukraine and Gaza.