The Swiss National Bank said it would introduce a negative exchange rate of -0.25 percent on sight deposit account balances at the central bank.» Read More
Clifford Bennett, Chief Economist at Orb Global Investments says the Euro will hit 1.50 next year as it is the only viable reserve currency compared to the U.S. dollar.
This week, Daniel Loeb, one of Wall Street's most successful investors, scooped up a $500 million windfall for his clients in a bond buyback deal with the Greek government. The FT reports.
There are just five trading days left until the fiscal cliff deadline, with Peter Andersen, Congress Asset Management Company; Jeff Saut, Raymond James; Dean Maki, Barclays; and CNBC's Rick Santelli.
Italian Prime Minister Mario Monti said on Friday he was preparing to hand in his resignation to President Giorgio Napolitano shortly, opening the way to elections expected in February.
CNBC's Kelly Evans reports on all the market moving events from Europe, as Japanese investors buy up Polish debt, in an attempt to find higher yields.
Ballooning central bank balance sheets across the U.S., Europe, the U.K. and Japan are “profoundly abnormal”, according to Jean-Claude Trichet, the former president of the ECB.
Kevin Gardiner, head of global investment strategy at Barclays, tells CNBC that the storm clouds are lifting over the global economy although he expects the euro zone to remain flat.
With gloomy economic forecasts, falling consumer confidence and poor retail figures adding to concerns over talk of the U.K. leaving the European Union, 2013 is set to be a tough year for the country, analysts say.
The terms of a state bailout scheme for Banca Monte dei Paschi di Siena, Italy's third biggest lender, could pose more challenges to the bank's performance, the European Central Bank said.
Britain needs to introduce legislation that could break up banks if standards slipped because current reform proposals fall short of what is needed, an influential panel of lawmakers said.
Mark Matthews, Head of Research, Asia, at Bank Julius Baer tells CNBC's Cash Flow why he likes Southeast Asian and European markets for 2013.
Marc Harris, RBC Capital Markets, explains the single, most important guideline investors need to follow in the New Year.
Deutsche Telekom Chief Executive Rene Obermann is stepping down at the end of next year.
On top of cramming for his U.K. citizenship test, incoming Bank of England Governor Mark Carney faces a hunt for a family home in London
Mario Monti will take part in Italy’s elections in February, media reports said on Thursday, confirming speculation that the Italian prime minister will join a centrist group and remain in politics to lead Italy out of the debt crisis.
Frederic Oudea, chief executive of Societe Generale, has hit out at critics who have argued that France's bank reforms, unveiled on Wednesday, do not go far enough and marks a U-turn by President Hollande who had promised a "long war" on the financial sector.
Sir Martin Sorrell, CEO of WPP tells CNBC just what kind of year 2012 has been for business and what he is expecting for 2013.
The second-largest shareholder of U.K. soccer team Arsenal has told CNBC that he is ready to do all he can to help the team and is ready to take control of the club and buy the remaining shares.
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Edwin Gutierrez, head of emerging market sovereign debt at Aberdeen Asset Management, says that despite weakness in the Mexican peso, there won't be a currency crisis in the South American nation.
Tightening sanctions on Russia will be on the top of the agenda for an EU leaders meeting on Thursday, CNBC's Hadley Gamble reports.
Russian President Vladimir Putin discusses the turbulence in the country's economy and says the central bank is doing the right thing, but could act a little faster.