Europe's wealthiest people are planning to put more of their cash into equities, believing they will outperform all other asset classes, new data shows.» Read More
The secret document at the heart of the Monte dei Paschi banking scandal lay for months in a concealed safe in a 14th century Tuscan palace. Chief Executive Fabrizio Viola said he learnt about the safe's contents only last October, a full 10 months after he had been called in to sort out Italy's third biggest bank.
CNBC's Simon Hobbs reports European shares closed lower after weaker-than-expected GDP data came in from the U.S.
With record unemployment figures, a fractious political scene, years of declining retail sales and Wednesday's depressing growth data, Spain appears to be sinking. Yet an improvement in risk appetite and falling borrowing costs continue to prop up the economy.
CNBC's Kelly Evans reports on all the market moving events from Europe, as investors wait for a policy announcement on interest rates by the U.S. Federal Reserve.
Euro zone economic sentiment improved more than expected across all sectors in January, rising for the third time in a row in a sign the economy could be emerging from a low point in the fourth quarter of 2012.
Juergen Pieper, co-head of research at Bankhaus Metzler, tells CNBC why the European car market outlook is not as pessimistic as has been made out, although it should be braced for a tough start to 2013.
Greece, Portugal and Spain are reversing the loss of wage competitiveness that was a significant cause of the euro zone crisis, the Conference Board said on Wednesday.
Christian Gattiker-Ericsson, global investment strategist at Julius Bär, tells CNBC that they remain constructive on the market and expect it to do well at least until the end of this quarter.
Steve Sedgwick takes you through the European markets which have opened slightly easier.
Prime Minister Mariano Rajoy looks to have a tough year ahead as austerity bites, Catalonia bucks, and corruption lurks. The Christian Science Monitor reports.
Monte dei Paschi's risk control unit and its own internal audit team were alarmed about the department responsible for a series of opaque structured finance deals at the troubled bank as long ago as November 2009, bank documents show.
Severin Schwan, CEO of Roche, tells CNBC that 2012 was a very good year for Roche with the company outgrowing their markets in both Pharma and Diagnostics by five and four percent.
Chris Wyllie, Chief Investment Officer at Iveagh, tells CNBC that in retail the people who are winning are those who have the right marriage between online and offline.
David Hutchings, head of European research at Cushman and Wakefield, tells CNBC that the commercial property market in Europe rebounded in Q4 driven primarily by foreign investors.
Emerging markets, and in particular, Latin America will be the drivers for continued growth, Swiss drug maker Roche told CNBC, even as the company faces price pressures elsewhere.
Tom Rogers, senior economic adviser at Ernst & Young says look out for more risk appetite as bank lending rises given the improved sentiment in the euro zone.
Will Oswald, Global Head of Fixed Income, Currencies and Commodities at Standard Chartered Bank says we are in a better environment for the markets to perform with central banks willing to give support.
Italy's technocrat prime minister, Mario Monti, is likely to lead the country again after the national election in February, Coutts Chief Investment Officer Norman Villamin told CNBC.
CNBC's Phil LeBeau breaks down the automaker's fourth quarter numbers and projected losses. And, Michael Ward, Sterne Agee analyst, weighs in on the earnings and explains why he has a "buy" on the stock.
CNBC's Simon Hobbs reports on the European market as it closes, saying the U.S. data has lifted European equities into the close.
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The hemp industry could become one of the U.S.'s biggest now its industrial use had been legalized, says Doug Fine, author of "Hemp Bound".
Edmund Shing, global equity portfolio manager at BCS Financial Group, explains why despite positive data, the U.K. economy remains "rather fragile", and discusses top stock picks.
European shares closed higher on Wednesday, as better-than-expected Chinese growth data and a slew of earnings releases buoyed sentiment.