HSBC has sounded out investors about a flotation of its U.K. arm, in a move that would realize value from its high street banking business.» Read More
Should Germany leave the euro? It is, after all, the big country with an obvious exit option. The question becomes more pertinent after a new decision by Angela Merkel.
With so many understandably focused on Hurricane Sandy and its aftermath, few noticed this week's economic numbers out of Germany — a key part of the European puzzle. Yet the latest data releases could well prove consequential.
Investors set aside growth worries as European shares clawed back the previous session's losses on Thursday, buoyed by earnings from European companies and better macro economic data in China and the United States.
CNBC's Kelly Evans reports on all the market moving events from Europe, as more companies report better-than-expected earnings, helping indexes push higher.
As UBS announced plans to chop 10,000 staff this week, many traders reacted with shock. Little wonder: during the past three decades, it might have seemed inconceivable that any bank could slash its workforce so far, so fast, the FT reports.
Late and complex guidance from regulators has left the markets unprepared and confused ahead of today’s imposition of the first pan-EU rules on short-selling, according to brokers, traders and investors, the FT reports.
Willem Nabarro, Head of European Equities at Exane-BNP Paribas says that UBS' core business is looking strong as the bank moves towards wealth management and that the bank could become a gold standard for the finance industry.
The Swiss National Bank has trimmed its big euro position, taking downward pressure off the currency.
Mixed corporate earnings capped gains on Europe's top share index on Wednesday, with investors also cautious as Wall Street re-opened after two days of closure due to Hurricane Sandy.
Investors should opt for U.S. Treasurys and gold because the boost to risky assets from central bank stimulus measures may already be over, according to a report by macroeconomic research firm Capital Economics.
As Wall Street prepares to re-open for business on Wednesday, investors should prepare for a “wild session” before earnings reports could subdue the markets again, Michael Yoshikami, founder & chief executive of Destination Wealth Management, told CNBC.
Earnings lift risk appetite, Spain says it needs a little help from its friends — it's time for your FX Fix.
For nearly a decade, scientists have told city and state officials that New York faces certain peril, the New York Times reports.
CNBC's Kelly Evans reports on all the market moving events from Europe, including a look at positive earnings reports from European airlines and oil and gas firms.
Kweku Adoboli, who is accused of unauthorized trading which led to losses of $2.3 billion at UBS told a jury that he was “devastated” at the losses caused to the Swiss bank, the Financial Times reports.
Speculators – not welcome. That is the message that the EU hopes to send with its looming restrictions on financial bets against the creditworthiness of its members, the Financial Times reports.
Sergio Marchionne has outlined a strategy for Fiat to survive a European “Carmageddon” by focusing on export markets rather than closing plants, as it seeks to break even on the continent by 2016, the Finanical Times reports.
Physical demand for gold from Asian consumers may be showing some modest signs of stabilization but the buying interest so common at this time of year during religious festivals and the wedding season still won't be strong enough to lift prices above $1,800 an ounce, strategists said.
UBS was one of the most popular trends on Twitter as the blogosphere flooded with comments in several languages, describing the shock and resentment of staff. The FT reports.
Upon further review of third-quarter earnings, Jim Cramer found a common thread among companies that reported strong results.
Bitcoin fans learnt that one of the virtual currency's exchanges will enforce customer verification checks from Thursday.
Google is challanging Apple's iPhone with MotoX, the FT reports.
The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country.
Alex Donohue, spokesman for Ladbrokes, tells football fans how he thinks they should place their bets for Next Year's World Cup.
Nick Stone, co-founder of FIXR, says his new clubbing app could revolutionize nights out in London.
Alec Young, global equity strategist at S&P Capital IQ, says markets are taking the Federal Reserve taper threat in their stride, and focusing more on the improving economy.