BNP Paribas' results were hit by a record U.S. fine in July, which helped tip the bank to a $5.76 billion loss in the second quarter.» Read More
Tidjane Thiam, CEO of Prudential, tells CNBC that the growth in emerging markets continues to come primarily from China as the country has changed to a more consumption driven model.
The euro zone can begin 2013 with more confidence than last year but it is up to governments to carry the bloc forward with reforms while the European Central Bank delivers stable prices, ECB President Mario Draghi said on Tuesday.
German business software maker SAP issued guidance for 2013 operating profit that beat market expectations, and the company's co-Chief Executive Jim Hagemann Snabe told CNBC the software industry is being split into two.
Germany's Siemens posted a slight decline in quarterly profit due to charges for a delayed high-speed train order and its new savings program.
Peter Sands, CEO of Standard Chartered, tells CNBC that they are glad to have settled the US issues and the bank continues to grow with a focus on Asia, Africa and the Middle East.
Jack Bouroudjian, CEO, Bull and Bear Partners says he likes the BOJ's decision to have a 2% inflation target and says the Fed should do the same. He is confident the BOJ's latest moves will pull Japan out of its economic malaise.
'Prepping' is the key word in Davos today as 'Team Bartiromo' finalized details for the 40+ interviews about to air over the next three days.
At Davos, there doesn't appear to be an immediate financial crisis. The world looks to be in a state of precarious stability.
Optimistic shareholder expectations seem out of kilter with weak projections for global economic growth. Companies must grow rapidly to meet analyst expectations.
CEOs, many of whom are gathering in the Swiss ski resort of Davos for this year's World Economic Forum, are feeling less optimistic about their companies' growth prospects than last year or the year before, PwC said Tuesday.
CNBC's Michelle Caruso-Cabrera reports all the major headlines in Europe as the markets close, including new pay cuts that triggered transport strikes in Greece.
John Authers, investment editor and head of Lex column at the Financial Times, tells CNBC why he's wary of the belief that disaster within the euro zone has been averted.
Cyprus, rather than Spain or Greece, poses the biggest risk to the euro zone, says Charles Dallara, the director of the Institute of International Finance (IIF).
Cyprus, rather than Spain, Italy or Greece, poses the biggest sovereign risk to the euro zone, according to Charles Dallara, the managing director of the Washington-based bank lobby group, the Institute of International Finance (IIF).
The EU's economic and monetary affairs commissioner Olli Rehn has told CNBC that he backs the idea of granting an extension to Ireland and Portugal on their bailout loans.
Spanish Prime Minister Mariano Rajoy is facing an escalating political storm after his former party treasurer was accused of tax evasion and fraud linked to a 22 million euro fortune hidden in Swiss bank accounts.
As business leaders from across the world prepare to touch down in Switzerland, a new survey has revealed that just 18 percent of the public trusts business leaders to tell the truth.
CNBC's Kelly Evans reports on all the market moving events from Europe, including how the markets reacted to the Bank of Japan's news it will adopt a 2 percent inflation plan.
Julian Callow, chief international economist at Barclays, tells CNBC that the ZEW investor survey is an example of more positivity and optimism around the economic outlook but there may still be some disappointments to come.
Ahead of Prime Minister David Cameron's speech outlining his vision for the new U.K. relationship with the European Union, a recent poll shows that the majority of young people in the U.K. back the "European project".
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Rolf Buch, CEO of Deutsche Annington, says the German housing market is in a "sweet spot".
Jacques van den Broek, CEO of Randstad, says the company is seeing "early signs" of recovery in Europe.
Mario Greco, CEO of Generali, says the company's rise in second quarter operating profit shows it is doing the "right things".