The Bank of England gave a clean bill of health to Britain's controversial flagship mortgage guarantee scheme on Thursday.» Read More
It has been referred to as “the bazooka” — the 500 billion euro European bailout fund that after much dispute will have its first board meeting on Monday, the New York Times reports.
A 500-billion euro ($650 billion) bailout fund, one of the key tools of policymakers trying to find a solution to the euro zone debt crisis, will be launched later on Monday with Spain expected to be the first country to seek help from the fund.
Russell Jones, Global Head of Fixed Income Strategy, Westpac Institutional Bank says that Greece might need more money to fix its economy or leave the euro zone.
Russell Jones, Global Head of Fixed Income Strategy, Westpac Institutional Bank says that the job report on Friday is nothing to get too excited about as the economy is growing just 'about trend.'
Europe may be pushing for fiscal and banking union to fight its debt crisis, but many richer regions, angry at having to finance poorer neighbors, are now calling for independence. The New York Times reports.
There's a growing backlash against the BRIC countries — an acronym created by Jim O'Neill of Goldman Sachs for Brazil, Russia, India and China, as the four biggest emerging markets have underperformed their peers.
Europe for now has a grip on the debt crisis, this strategist says, and he is ready to trade the improving market mood.
Mohamed El-Erian, Pimco CEO & Co-CIO, discusses the 7.8 percent unemployment number, and says "the rally can only continue if the fundamentals take control."
European shares closed higher on Friday after the European Central Bank (ECB) said it was ready to start its bond-buying program at a press conference on Thursday.
The price of gold is at an 11 month high and has rallied 14 percent since the start of the year but analysts have told CNBC that it’s set to go even higher tipping the $2,000 per ounce mark.
A jobs report looms and South African unrest weighs on the rand — it's time for your FX Fix.
It's been 50 years since James Bond first took to the screen. Author Ian Fleming's creation has gone on to become among the most successful British movie franchise to be exported around the world.
CNBC's Ross Westgate reports on all the market moving events from Europe, including
With new sets of regulation for the banking sector both in Europe and in the U.K., investors can be forgiven for not knowing which firms are best placed for the new laws. But one analyst has given CNBC his top tips for those banks ready for change.
You know that something is seriously wrong with your economy when you tell an audience of learned academics and students at an elite university that your country doesn’t need a bailout, and the room rings with the sound of laughter.
Barclays has rejigged its investment banking structure to create a devolved geographic management hierarchy and combine its fixed-income and equities businesses into a single markets unit. The FT reports.
Alistair Darling has made a forceful intervention in the plans by EADS to combine with BAE Systems, saying British interests were bound to suffer because the UK government would have no equity stake in the enlarged group. The FT reports.
With the election just weeks away, this strategist has ideas about where a President Romney would take the dollar.
Germany's export partners are ailing, and that's bad news for Europe's biggest economy.
European shares were lower at the close of Thursday's choppy session, after the European Central Bank (ECB) announced interest rates would remain on hold.
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The rise of euroscepticism is "understandable" but not right, says ECB President Mario Draghi, arguing that countries would have had to make structural reforms even outside the euro zone.
The exchange rate is not a policy target for the ECB says Mario Draghi, president of the ECB, explaining that recent moves are in part due to monetary policy divergence.
Other policy areas are needed to strengthen investment and job creation, says ECB President Mario Draghi, urging governments not to "unravel" progress made in structural reforms and fiscal policies.