European equities closed mostly higher on Monday, despite a solid tick-up in oil prices and a strong performance from Europe's banks and miners.
Banks across Europe have endured a difficult year, and some experts say the effect on U.S. stocks is forthcoming.
Banca Popolare di Milano posted a small rise in net profit in the first six months of the year, the Italian bank reported on Friday.
European stocks closed mixed on Wednesday after a slew of earnings, with banking stocks rallying.
European markets finished deep in negative territory on Tuesday, as concerns over the health of the region's lenders continued to weigh on sentiment.
U.S. stock index futures indicated a lower open Tuesday as investors focused on hefty falls in Europe's banking sector and a new fiscal stimulus package from Japan.
Commerzbank said cautious customers and the ECB's negative interest rates would cause earnings to drop in 2016.
Fabrizio Viola, CEO of Banca Monte dei Paschi di Siena, explains how the bank's new rescue plan will solve its main problems.
'If now, without NPLs, with a clear strategy, I think this bank could be a very good bank for the future.'
European stocks ended mostly in the red on Monday as investors reacted to banking stress tests and new manufacturing data.
European banks are much better-placed to cope with serious economic shock, according to recent stress tests. CNBC’s Julia Chatterley reports.
Julien Jarmoszko, equity research manager at S&P Global Market Intelligence, talks about what BMPS needs to do now to improve itself, in light of the recent stress tests.
Stress tests by the European Banking Authority found BMPS would have the most difficulty covering its loans of 51 of Europe's banks.
European stocks recovered to close in the black on Friday as investors worked their way through another raft of European earnings.
European stocks finished in the red on Thursday as investors waded through another raft of earnings and prepared for the latest BOJ decision.
Gildas Surry, senior analyst at Axiom Alternative Investments, says there could be an issue of contagion in both Italy’s and Europe's financial markets.
European markets closed higher on Tuesday as traders digested another slew of earnings and oil prices weighed.
Is the bad debt situation in Italy accelerating? Stefano Caselli, professor of banking and insurance at Bocconi University, weighs in about the state of Italy’s banks, in particular BMPS.
European markets pared gains on Monday to close mixed, as Wall Street traded lower and oil prices fell.
Top finance officials in Italy have moved to play down the issues the country's banking industry is facing, just days ahead of crucial stress tests.