The CEO of UniCredit has told CNBC the bank will focus on "growth and profitability" after reporting a record annual net loss of $19.4 billion.» Read More
A multiyear, global investigation into the setting of interest rates has focused on often complextrades in the financial centers of New York, London and Tokyo. But the accusations in the case have real-life consequences for consumers and businesses in the United States, the New York Times reports.
Announcements of a housing recovery have become a wrongheaded rite of summer, but after several years of false hopes, evidence is accumulating that the optimists may finally be right the New York Times reports.
Michael Yoshikami, Founder & CEO of Destination Wealth Management says Europe's woes are similar to Japan, which is finally seeing structural changes. He adds however, that the continent will not see two lost decades, unlike Japan.
Ric Spooner, Chief Market Analyst, CMC Markets says the basic conditions are still well in play for gold and that prices can still go higher because central banks will continue to buy the commodity.
The “Mad Money” host said investors must learn to boldly go where few have gone before and to challenge the conventional wisdom of the markets.
Mike Crofton, President & CEO of Philadelphia Trust Company says the market is very confusing right now as it seems to have gotten ahead of itself. Wall Street may have overreacted on Wednesday's positive U.S. economic data, he says.
Deep reform issues in the European banking sector and rules on fiscal discipline will be top issues facing European leaders tomorrow, with Mark Calabria, Cato Institute, and Karen Tramontano, Blue Star Strategies CEO.
Investors were pretty optimistic today ahead of a flurry of potential market-moving headlines due out tomorrow, with Savita Subramanian, Bank of America Merrill Lynch, and Jason Trennert, Strategas Research Partners.
The annual talkfest put on by the Aspen Institute is now in its eighth year, the festival is a favorite with global elites. Here's why.
With a key European Union summit looming, the euro may not have priced in a truly dramatic outcome.
CNBC's Mary Thompson and Art Cashin, of UBS, discuss the "bright spot" in housing and what the market would like to see from this weekend's EU summit.
CNBC's Simon Hobbs reports on all the market moving activity in Europe, ahead of this weekend's summit. Also, a look at where U.S. stocks are headed, with CNBC's Mary Thompson, and Richard Bernstein, Richard Bernstein Advisors, explains why he thinks the future looks "bright" for the markets.
CNBC's Rick Santelli weighs in on why he's frustrated by Europe's inability to get their financial house in order.
The euro steadies ahead of the summit and the British go shopping - it's time for your FX Fix.
How is uncertainty in Europe stalling U.S. markets? Roger Altman, Evercore Partners chairman & founder, and Jared Bernstein, Center on Budget and Policy Priorities, discuss.
Euro zone policymakers have a small window of opportunity to save the disintegrating bloc and an orderly Greece exit could save the currency union from total collapse, Gina Sanchez, Director of Equity and Asset Allocation Strategy at Roubini Global Economics told CNBC Wednesday.
How big a risk is Europe's debt contagion to U.S. markets? Christopher Sheldon, BNY Mellon Dreyfus, discusses the growing fiscal problems in the EU and how investors can manage the risk and get back into stocks.
CNBC's Kelly Evans reports on all the market moving events from Europe, including German Chancellor Angela Merkel's opposition to euro bonds, saying such debt instruments would not occur, "as long as I live."
The global economy can only return to growth once looser monetary policy is employed by both Europe and the United States, including more quantitative easing, Bob Parker, Senior Advisor at Credit Suisse told CNBC’s “Squawk Box Europe”.
As Spain edged closer to a real estate and banking crisis that led to its recent bank bailout, Spanish financial leaders in influential positions mostly played down concerns that something might go terribly wrong, the New York Times reports.
Cyprus's finance minister, Harris Georgiades, concedes there were "problems in the past" between the Cypriot government and the central bank governor, who has just resigned.
European stocks closed mixed on Tuesday, as the crisis in Ukraine curbed enthusiasm for riskier assets.
Riccardo Barbieri, chief European economist at Mizuho International, says UniCredit could be vulnerable the turmoil in Ukraine, given its exposure to eastern europe.