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  • Denmark's Nokia Moment on $100 Billion Stock Friday, 1 Feb 2013 | 6:37 AM ET
    Copenhagen, Denmark

    Denmark is facing its "Nokia moment"; drugmaker Novo Nordisk has ballooned into a $100 billion giant, dominating its home stock market just as the Finnish firm did at the height of the 1990s tech boom.

  • Banks Slow Crisis Money Repayment to ECB Friday, 1 Feb 2013 | 6:07 AM ET
    European Central Bank (ECB) headquarters in Frankfurt, Germany.

    Banks will pay back another 3.5 billion euros next week of the emergency 3-year loans they took from the European Central Bank a year ago, further deflating the ECB's balance sheet after they paid back a whopping 137 billion euros this week.

  • Worst Not Over for Spain Banks After Big Writedowns Friday, 1 Feb 2013 | 3:51 AM ET
    Signs sit outside a Banco Bilbao Vizcaya Argentaria SA (BBVA) bank branch in Madrid, Spain.

    Spain's largest banks have reported dismal results over the past 24 hours, hit by toxic real estate assets, and according to analysts, the results highlight the desperate need for Spain's banks to raise more capital.

  •  Electrolux Q4 Profit Misses Forecasts, Europe Still Weak

    Keith McLoughlin, CEO of Electrolux, tells CNBC that Western Europe consumer demand is weak as austerity measures take hold and they expect low demand in the first half.

  • European Markets Open Flat   Friday, 1 Feb 2013 | 3:00 AM ET
    European Markets Open Flat

    Steve Sedgwick takes you through the European market open, where stocks have opened flat.

  • Could Europe's Banks Ignite Another Crisis?   Friday, 1 Feb 2013 | 2:30 AM ET
    Could Europe's Banks Ignite Another Crisis?

    Chris Wheeler, bank analyst at Mediobanca, tells CNBC that the big question is what state the balance sheets of European banks are in.

  • The grand opening Louis Vuitton shop in Hong Kong.

    Louis Vuitton, the world's biggest luxury brand in terms of sales, is planning to dampen its expansion worldwide and focus on high-end products to preserve its exclusive image, said Bernard Arnault, chief executive of parent LVMH.

  • Will Banks Lead the Market Lower?   Friday, 1 Feb 2013 | 2:00 AM ET
     Will Banks Lead the Market Lower?

    Ashok Shah, CIO at London and Capital, tells CNBC that banks have been given a ¿free lunch¿ borrowing at very low cost in order to boost their profitability.

  • Barclays in Qatar Loan Probe Friday, 1 Feb 2013 | 1:28 AM ET
    Barclays: Under Investigation

    UK authorities are probing an allegation that Barclays loaned Qatar money to invest in the bank as part of its cash call at the height of the financial crisis in 2008, which enabled the bank to avoid a UK government bailout.

  • Lawson Urges Full Nationalization of RBS Friday, 1 Feb 2013 | 1:23 AM ET
    The Royal Bank of Scotland

    Nigel Lawson, former Tory chancellor, has urged George Osborne to fully nationalize the Royal Bank of Scotland, attacking the banking industry's bonus culture and what he says are its overrated "star" traders, the Financial Times reports.

  • Credit Agricole Hit by 3.8 Billion Euros in Charges Friday, 1 Feb 2013 | 1:09 AM ET

    French bank Credit Agricole warned on Friday that its fourth quarter results would be battered by 3.8 billion euros ($5.16 billion) in charges as the French bank reels from ill-timed acquisitions from before the 2008 financial crisis.

  • German Stocks Still Find Love After Major Rally Friday, 1 Feb 2013 | 1:00 AM ET
    A financial trader uses a telephone as he monitors data on his computer screens in front of a display of the DAX Index curve at the Frankfurt Stock Exchange.

    Germany's Dax index has risen 20 percent over the past year, reaching new five-year highs, even as the economy has slowed in recent months, but analysts say German stocks are still attractive because of the export potential of many of the companies.

  • Spain Stocks Brace as Short-Selling Ban Ends Thursday, 31 Jan 2013 | 1:20 PM ET
    A trader looks at a display board showing information on the stock index, at the Madrid Stock Exchange in Madrid, Spain.

    Spain's short-selling ban came to an end on Thursday but analysts say that although the lifting of the ban is a sign of improved sentiment, further downward pressure should be expected in the coming weeks.

  • Spain's Rajoy, Ruling Party Deny Secret Slush Fund Thursday, 31 Jan 2013 | 12:00 PM ET
    Spanish Prime Miniister Mariano Rajoy (R) attends a Parliament session in Madrid. Anger over a long list of corruption scandals implicating bankers, politicians and even members of the royal family.

    Spain's ruling People's Party denied on Thursday that Prime Minister Mariano Rajoy and other leaders received payments from a slush fund after a newspaper published what it said were secret party accounts.

  • European Markets Close Lower   Thursday, 31 Jan 2013 | 11:31 AM ET
    European Markets Close Lower

    CNBC's Simon Hobbs reports on today's market action in Europe, as shares pared losses after a series of earnings weighed on market sentiment.

  • Germany Slowdown? Not Anymore, Say Analysts Thursday, 31 Jan 2013 | 8:40 AM ET
    Reichstag building, Germany.

    After a slowdown in the fourth quarter of 2012, Germany's economy seems to be getting back on track and some analysts now believe Europe's largest economy will go from strength to strength in 2013.

  • Stimulus Will Do Little for Spain's Worsening Debt Thursday, 31 Jan 2013 | 8:13 AM ET

    Spanish Prime Minister Mariano Rajoy is expected to announce stimulus measures as soon as Friday and the EU looks willing to ease budget deficit targets for Madrid, but it could all be in vain as the debt mounts up, according to an HSBC economist.

  • ‘It's Horrible Here,’ UK May Tell EU Migrants Thursday, 31 Jan 2013 | 7:20 AM ET
    A British riot policeman stands guard in front of a burning building and burnt out car in Croydon, South London.

    There are hardly any jobs, generally low wages and it rains all the time: Not the usual picture that a country wants to portray of its culture or economy. However, U.K politicians are considering launching a negative publicity campaign in Eastern Europe to deter potential migrants from coming to the U.K. in search of jobs.

  • Global Markets Update   Thursday, 31 Jan 2013 | 6:10 AM ET
    Global Markets Update

    CNBC's Ross Westgate reports on all the market moving events from Europe.

  • Start the 'Rocky' Music—Structured Finance Is Back Thursday, 31 Jan 2013 | 5:17 AM ET

    Structured finance deals of a type last seen before the financial crisis are set to come back in 2013, according to market experts, signaling a return to the credit boom in 2004.

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Europe Video

  • Fintech to rule the world?

    Julian Skan, Accenture managing director overseeing the FinTech Innovation Lab London, talks about why there's been a surge in disruptive technology recently, saying that these technologies could change the business models for the banking industry.

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    Erik Prince, Chairman of Frontier Services Group, talks about his company and how it is helping other companies in Africa, and discusses China's investment in Africa.

  • Petrobras: Brazil needs a solution

    Juan Sartori, president and founder of Union Group, explains why the Petrobras scandal is such a big deal, saying that it impacts Brazil's credibility.