The bank attributed its stronger earnings to market volatility, which boosted trading volume, and its investment banking unit.» Read More
The central bank’s surprise announcement that it would stop one method of housing stimulus is one of the first steps to tightening monetary policy.
The Bank of England said on Thursday that it would heavily scale back a scheme launched last year to boost mortgage lending.
One of the founding ideas behind the European Union is that there should be free movement for workers between its countries.
Former Prime Minister Silvio Berlusconi might have been was expelled from the Italian parliament but analysts warned his absence won't help reforms.
The Russian government banned an exhibit by Louis Vuitton for being too over-the-top on Wednesday, the Financial Times Reports.
There are increasing calls for a certain type of gaming machine – the "crack cocaine of gambling" – to be banned.
The European Central Bank on Wednesday issued a stark warning over the threat posed by the scaling back of U.S. monetary stimulus, the FT reports.
Three-time former Prime Minister Silvio Berlusconi was expelled from parliament Wednesday, following a vote in the Italian Senate.
Pope Francis criticises crude and naive trust in the goodness of those wielding economic power
Germany’s two most popular parties formed a “grand coalition”, in a move that could determine how quickly the euro zone’s problems will be solved.
Financial "stress" in the euro zone has fallen and is now near levels last seen before the economic crisis in 2007, the ECB said on Wednesday.
The European Union's executive body has decided to ax its investigation into the allegations that the U.S. spied on EU citizens.
The European Central Bank is considering a new long-term liquidity operation for banks agreeing to use funding to lend to businesses, a report said.
Danièle Nouy will take the helm at the Single Supervisory Mechanism (SSM), due to come into force next November.
Greece formally lost its developed market status on Wednesday, but many analysts argue that the outlook for Greek stocks is now a lot rosier.
The U.K.'s recently privatized Royal Mail reported a hike in first-half profit on Wednesday, amid concerns that it was sold off too cheaply.
Italian leader Berlusconi faces one of the heaviest blows of his political career when the Senate votes on stripping him of his seat in parliament.
German Chancellor Merkel's conservatives and the Social Democrats made a breakthrough early Wednesday in talks about a "grand coalition" government.
Prime Minister Letta won a confidence vote, reinforcing his coalition government before the Senate is expected to ban Berlusconi from parliament.
Stocks in weaker euro zone countries like Spain and Italy look set to outperform their stronger peers this year, analysts say.
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Roger Bootle, executive chairman of Capital Economics and author of The Trouble With Europe, says it's unlikely U.K. Prime Minister, David Cameron, will succeed in renegotiating a deal with the EU.
RCS Mediagroup CEO, Pietro Scott Jovane, says he's optimistic about recovery in the Italian market in the second quarter.
Mats Granryd, CEO of Tele2, says telecoms companies face a pressurized market, but insisted that he isn't taking part in a price war.