Europe News

Sterling could be set for further weakness against the euro, Mark Sturdy from Seven Days Ahead told CNBC Thursday. Sturdy also takes a technical look at gold.

The Swiss banking industry has to adapt to the new global environment and concerns over transparency, Bernhard Bauhofer from Sparring Partners told CNBC Thursday. "Onshore banking is the future business model in banking," Bauhofer said.

Switzerland's involvement in the US mortgage market had a big impact on the country's economy, Swiss Vice President & Economic Affairs Minister Doris Leuthard told CNBC. "Our banks have to regain credibility," Leuthard said.

The Swiss banking industry has to adapt to the new global environment and concerns over transparency, Bernhard Bauhofer from Sparring Partners told CNBC Thursday. "Onshore banking is the future business model in banking," Bauhofer said.

Switzerland's involvement in the US mortgage market had a big impact on the country's economy, Swiss Vice President & Economic Affairs Minister Doris Leuthard told CNBC. "Our banks have to regain credibility," Leuthard said.

Shares of Sportingbet gained Wednesday after the group provided a confident outlook for the full year. "It does prove that gambling is relatively resilient (during a recession)," James Hollins from Daniel Stewart told CNBC.