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  • Business Group Warns on Sterling Debasement Friday, 31 May 2013 | 2:45 AM ET

    As the Bank of England prepares for the tenure of new governor Mark Carney, one industry lobbyist has warned that another debasement for sterling will lead to dangerous inflation.

  • UBS Lifts Banker Pay to Entice Staff to Stay Friday, 31 May 2013 | 2:32 AM ET

    UBS is set to raise pay for investment bankers by an average 9 percent to entice staff into staying by lifting salaries to market rates.

  • God’s New Banker Tries to Clean Up Vatican Friday, 31 May 2013 | 1:24 AM ET
    The Vatican

    The new head of the Vatican bank will need plenty of prayer and strength to rescue its scandal-torn reputation.

  • UK Growth Will Beat Expectations: Industry Body Thursday, 30 May 2013 | 7:00 PM ET

    The U.K. could post better-than-expected GDP numbers over the next three years, thanks to a strong service sector, the British Chambers of Commerce said Friday.

  • Europe Likely to Slash Financial Transaction Tax Thursday, 30 May 2013 | 3:52 PM ET
    German Chancellor Angela Merkel

    European countries planning a tax on financial transactions are set to drastically scale back the levy, cutting it by 90 percent, in what would be a major victory for banks.

  • France Irks Germans, Says EU Can't Dictate Reforms Thursday, 30 May 2013 | 2:42 PM ET

    President Francois Hollande pledged to carry out long overdue reforms but said it was up to Paris, not the EC, to determine how they are implemented.

  • Rising Oil Prices: The Euro Zone's Next Big Problem? Thursday, 30 May 2013 | 10:31 AM ET

    After the banking crisis, oil prices are the next threat to the euro zone, analysts told CNBC, arguing that prices will rise once the shale oil revolution in the U.S. dies down.

  • EU Takes UK to Court for Lack of Migrant Benefits Thursday, 30 May 2013 | 7:56 AM ET
    Passengers at Heathrow

    The European Commission has referred the U.K. to the EU's Court of Justice for not allowing citizens of the Union residing in the U.K. to receive social security benefits which they are entitled to under EU law.

  • Goldman: Carry On Buying Thursday, 30 May 2013 | 5:55 AM ET

    Global stocks may have been on a wild ride of late but the world's biggest investment bank has told investors they should continue to buy equities.

  • Hollande Reform Defiance Sparks German Anger Thursday, 30 May 2013 | 3:44 AM ET
    French President Francois Hollande (L) speaks with German Chancellor Angela Merkel (R)

    President Francois Hollande's insistence that the EU executive can't "dictate" reforms to France has outraged Angela Merkel's conservatives, hours before the German leader was due in Paris for talks.

  • German Companies Sip From Spain's Jobless Pool Thursday, 30 May 2013 | 3:28 AM ET

    German companies including BMW and BASF are recruiting small numbers of unemployed young Spaniards against a backdrop of chronic youth unemployment in southern Europe and a growing shortage of skilled labour in Germany.

  • Competitiveness Comeback for US, Europe Stalls Thursday, 30 May 2013 | 1:15 AM ET

    As calls grow for Europe to ease up on its austerity drive, a report on global competitiveness argued that cost-cutting on the continent has halted growth and antagonized the population, creating non-competitive economies.

  • Switzerland Still Favorite Banking Hub: Julius Baer Wednesday, 29 May 2013 | 11:51 PM ET

    The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country, said the CEO of Swiss private bank Julius Baer.

  • French Palace Wine Auction: Not Just for Snobs Wednesday, 29 May 2013 | 12:23 PM ET
    Bottles of French wine Petrus Pomerol.

    France's Elysee Palace is set to auction off more than $325,000 of wine Thursday. And while some bottles may sell for up to $3,000 a bottle, others might be yours for a mere $20.

  • Negative Rates May Boost Bank Profit: ECB's Constancio Wednesday, 29 May 2013 | 11:43 AM ET

    Negative deposit rates could boost — rather than hurt — bank profitability, ECB Vice President Vitor Constancio told CNBC on Wednesday, bringing the contentious issue of negative rates back into the spotlight.

  • Europe Closes Lower on Fed Uncertainty Wednesday, 29 May 2013 | 11:30 AM ET

    European stocks closed lower on Wednesday as concerns continued over the possibility the Federal Reserve might begin tapering of asset-purchasing.

  • Secret's Out! Swiss Banks Can Now Reveal Clients Wednesday, 29 May 2013 | 9:52 AM ET

    The Swiss government says banks can sidestep secrecy laws to disclose clients' names in a move intended to help resolve a long-running tax dispute with the U.S.

  • Club Med Raises Bid Price as Some Investors Seek More Wednesday, 29 May 2013 | 9:44 AM ET

    Shares in Club Mediterranee extended their gains above the proposed bid price on Wednesday amid signs some investors in the French holiday firm are pushing for a better deal.

  • EU Gives France Leeway as It Reprimands Belgium Wednesday, 29 May 2013 | 8:38 AM ET

    The European Commission has given France, Poland, Slovenia and Spain two year extensions to meet budget deficit targets, as it reprimanded Belgium, which could become the first country to be fined for failing to reduce its deficit.

  • EU Criticized for 'Pretend and Extend' on Austerity Wednesday, 29 May 2013 | 6:49 AM ET

    Brussels's softening stance on austerity with stability and growth measures set to be delayed for another two years is an exercise in "pretend and extend" and what's really needed is urgent structural reforms, analysts have told CNBC.

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  • A yes vote in the upcoming Scottish independence referendum could lead some insurers to move their headquarters to London, says Mark Nicholson, associate director at Standard & Poor's Rating Services.

  • The U.S. Federal Reserve remains data dependent and will not bow to hawks, says Mark Haefele, global chief investment officer at UBS, as Janet Yellen continues to make the argument that there is slack in the labor market.

  • European shares closed lower on Friday as tensions in Ukraine flared up once again. It comes after stocks fluctuated as U.S. Federal Reserve Chair Janet Yellen spoke about the labor market in Jackson Hole, Wyoming.