The CEO of one of Greece's largest banks told CNBC the country's banks would soon be the best capitalized in Europe.» Read More
A correction could be on its way for equity markets despite the sigh of relief from markets Tuesday, an expert told CNBC a day after the chairman of the Federal Reserve said easy monetary policy would remain in place for now.
Europe is still a very attractive market despite the current political and economic risks, David Rubenstein, co-founder & managing director of the Carlyle Group, told CNBC on Wednesday.
CNBC's Ross Westgate reports yields on Italian bonds reached their highest levels since October 2012 at an auction of five and ten-year debt.
Italy's 10-year debt costs rose more than half a percentage point on Wednesday at the first longer-term auction since an inconclusive parliamentary election, although they remained below the psychologically important level of 5 percent.
Economic and business confidence in the euro zone improved for the fourth straight month in February, the European Commission said on Wednesday, as factories saw their order books filling up.
Charles Beazley, CEO of Nikko Asset Management, says the Italian election results are the continuation of a "lost decade" in Europe.
Three men have been arrested in London in connection with a probe into insider dealing and market abuse.
Senior Bank of England policymaker Charles Bean added his voice on Wednesday to skepticism about the idea of the central bank targeting a mix of inflation and growth but said it would be sensible to review the bank's policy framework.
Peter Chatwell, interest rate strategist at Credit Agricole Corporate and Investment Bank, tells CNBC that he expects a 5% yield to tempt domestic demand in the Italian bond auction which should see recent panic subside.
Carolin Roth takes you through the European market open, where stocks have come in higher on the Federal Reserve comments.
They find the language difficult and the locals as chilly as the weather but for young Spaniards Berlin has become a popular spot to sit out the economic crisis at home.
Over the past week, risk appetite has soured following a political stalemate in Rome and anxiety over the upcoming U.S. "sequester" spending cuts, but strategists told CNBC that there is a way to trade this panic.
The European parliament and EU states could agree on Wednesday to impose caps on bankers' bonuses, a measure that would channel public fury at financial sector greed, but which opponents say marks a reckless overreach by Brussels.
Heimo Scheuch, CEO of brick maker, Wienerberger, tells CNBC that they expect the North American housing market to offset Europe in 2013.
Barclays is set to reveal the number of staff who earned above 1 million pounds ($1.5 million) last year, in a push for transparency that could turn the bank into a trailblazer for the sector, the FT reports.
The U.K. has a plateful of economic problems to contend with right now. A 1-notch downgrade to its credit rating isn't one of them, writes Moorad Choudhry.
Tom Rogers, senior economic adviser at Ernst & Young says that investors are very focused on Italy and waiting for some political clarity.
Guy Stear, Head of Research for Asia Pacific at Société Générale says the Italian problem will continue to linger on.
Kelvin Tay, Regional CIO for Southern APAC at UBS Wealth Management, warns that equity markets are set for a choppy ride in the coming months.
There are many issues for investors to worry about, but Cramer thinks there is still opportunity out there.
Amnon Bar-Lev, president of Check Point, says that hackers are becoming more and more sophisticated and that people should have a "multi-layered" type of protection.
Charlotte Golunski, Taggar co-founder, explains that the app aims to create a "social augmented reality" and discusses Taggar's partnership with Warner Music.
International monitors were prevented from entering Crimea over the weekend, NBC's Jim Maceda reports, adding that some reports state that fresh minefields have been placed between Crimea and the rest of Ukraine.