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  • SocGen Reshuffles Executive Team After Loss Wednesday, 13 Feb 2013 | 2:16 AM ET
    Frederic Oudea

    French bank Societe Generale has named a new chief financial officer and reshuffled its management team after swinging to a loss in the fourth quarter on the back of a weak euro zone economy and one-off charges.

  • We Won't Manipulate Currency: Russia's Moiseev Wednesday, 13 Feb 2013 | 1:31 AM ET
    Alexei Moiseev, Russia's deputy finance minister

    As tension over exchange rates grows and central bankers across the globe try to cool talk of a "currency war", Russia on Wednesday denied it was manipulating its currency.

  • ING to Cut 1 Billion Euros in Costs, Slash 7,500 Jobs Wednesday, 13 Feb 2013 | 1:26 AM ET
    An employee arrives at the Dutch bank ING in Amsterdam

    Dutch banking and insurance group, ING reported fourth-quarter net profit that missed expectations on Wednesday but the company's Chief Financial Officer told CNBC it would implement major cuts to save 1 billion euros in operating costs per year.

  • London's Yuan Push Stirs Hopes of Eurodollar-Style Boom Wednesday, 13 Feb 2013 | 1:26 AM ET

    A BofE pledge to help London become a global trading center for China's yuan has stirred talk of a revival in the city's fortunes, similar to the explosion of the U.S. dollar market in the 1960s and 70s.

  • ING CFO: Cutting 7,500 Jobs in 2013   Wednesday, 13 Feb 2013 | 1:15 AM ET
    ING CFO: Cutting 7,500 Jobs in 2013

    Patrick Flynn, CFO of ING Group, tells CNBC that the group saw a solid result in the background of a difficult European environment.

  • European Markets Close Higher   Tuesday, 12 Feb 2013 | 11:30 AM ET
    European Markets Close Higher

    CNBC's Simon Hobbs reports European shares staged a turnaround, as bank stocks closed higher.

  • ECB'S Draghi Says Currency War Talk Exaggerated Tuesday, 12 Feb 2013 | 10:28 AM ET
    Mario Draghi, President of the European Central Bank

    European Central Bank chief Mario Draghi said exchange rates are as important for growth as for price stability.

  • Barclays to Axe at Least 3,700 Jobs in 2013 Tuesday, 12 Feb 2013 | 9:09 AM ET
    Antony Jenkins, chief executive officer of Barclays PLC.

    Barclays plans to cut at least 3,700 jobs in 2013 as part of a strategic overhaul aimed at reducing the group's annual costs by 1.7 billion pounds ($2.7 billion) by 2015.

  • Jean-Paul Agon, chief executive officer of L'Oreal SA

    L'Oreal, the world's biggest cosmetics group, said it was open to a strategic acquisition, a day after unveiling results at the top end of expectations and a 500 million euro ($669 million) share buyback.

  • Global Update: Barclays to Cut 3,700 Jobs in 2013   Tuesday, 12 Feb 2013 | 6:11 AM ET
    Global Update: Barclays to Cut 3,700 Jobs in 2013

    CNBC's Kelly Evans reports Barclays announced its turnaround plan aimed at reducing the bank's annual costs, which sent the stock up over 4 percent.

  • No Sign of ETF Slowdown: Expert   Tuesday, 12 Feb 2013 | 5:00 AM ET
    No Sign of ETF Slowdown: Expert

    Jeff Molitor, CIO Europe at Vanguard, tells CNBC why exchange-traded funds are so useful for investors and why the ETF boom is sustainable.

  • London Trumps Silicon Valley Donut Shacks: Mayor Tuesday, 12 Feb 2013 | 4:06 AM ET

    London's mayor told CNBC the U.K. capital is far more attractive than Silicon Valley as a base for technology companies.

  • Finmeccanica Head Arrested in Corruption Probe Tuesday, 12 Feb 2013 | 3:35 AM ET
    Giuseppe Orsi, chief executive officer of Finmeccanica SpA, left, and general manager Alessandro Pansa

    The head of Italian defense group Finmeccanica was arrested in a corruption probe centered on the sale of helicopters to the Indian government.

  • Boris Johnson Rings the Opening Bell   Tuesday, 12 Feb 2013 | 3:00 AM ET
    Boris Johnson Rings the Opening Bell

    Karen Cho takes you through the European markets where stocks have opened lower.

  • Rehn: EC Committed to Stable Monetary Relations   Tuesday, 12 Feb 2013 | 2:15 AM ET
    Rehn: EU Committed to Stable Monetary Relations

    Olli Rehn, EU commisioner, tells CNBC that the euro group meeting discussed exchange rate policy and the EU is 'committed to ensuring stable monetary relations'.

  • RBS Chairman Says CEO's Pay Is 'Modest' Tuesday, 12 Feb 2013 | 1:46 AM ET
    Royal Bank of Scotland

    Royal Bank of Scotland chairman Philip Hampton has defended the bonus due to be paid to chief executive Stephen Hester even though the British bank has been punished for rigging interest rates.

  • Pope Resignation Leaves Catholic World in Shock Monday, 11 Feb 2013 | 9:20 PM ET
    Pope Benedict XVI waves to the faithful as he arrives at the St. Peter's Basilica for a mass with newly appointed cardinals on November 25, 2012 in Vatican City, Vatican.

    Pope Benedict left the Catholic world in shock after becoming the first pontiff since the Middle Ages to resign his office, saying that failing strength had left him unable to lead the church through a period of relentless change and turmoil.

  • Pope Resignation Impact on Italy   Monday, 11 Feb 2013 | 4:45 PM ET
    Pope Resignation Impact on Italy

    NBC News' Claudio Lavanga reports on the Pope's abdication. And Fernando Napolitano, CEO & president, Italian Business & Investment Initiative, shares his thoughts on the Pope's resignation as well as opportunities in Italy now.

  • ECB's Weidmann Dismisses Talk of Euro Intervention Monday, 11 Feb 2013 | 11:46 AM ET
    European Central Bank (ECB) headquarters in Frankfurt, Germany.

    Discussions about an overvaluation of the euro are simply a diversion from governments' task of sorting out their economies, ECB's Weidmann said on Monday, resisting political pressure to weaken the currency.

  • European Stocks Weighed Down by Novo Nordisk   Monday, 11 Feb 2013 | 11:30 AM ET
    European Stocks Weighed Down by Novo Nordisk

    CNBC's Simon Hobbs reports European markets closed in the red as shares of Danish Pharma group Novo Nordisk fell sharply after U.S. regulators requested additional tests on the firm's new insulin drugs.

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