Italy's biggest bank UniCredit is selling 13 billion euros of new shares to rebuild its capital reserves following writedowns on bad loans.
European Central Bank head Mario Draghi has called the US administration's idea of relaxing bank rules "very worrisome".
President Donald Trump has started the effort to roll back the US laws brought in to regulate banks after the 2008 financial crisis.
Bank of England raises forecast for UK economic growth this year, in no hurry to put up interest rates, sees inflation at 2.8 percent in early 2018.
Crisis-plagued Deutsche Bank is insisting the worse of its troubles are behind it even as it announced a Q4 loss of 1.9 billion euros.
Deutsche Bank failed to prevent around $10 billion (9.29 billion euros) in suspicious trades out of Russia between 2011 and 2015.
This edition of Real Economy, from the European Investment Bank in Luxembourg, looks at the kind of investments Europe needs.
Werner Hoyer discusses his views on Europe’s strategy to address a massive investment gap and whether there is incentive for private sector banks to start lending to businesses…
Royal Bank of Scotland sets aside 3.1 billion pounds (3.6 billion euros) to settle claims by the US Department of Justice over mis-sold investments.
The European Union is reportedly considering testing the defences of the region's banks against cyber attacks to help step up their security.
HSBC, Europe's biggest bank, plans to shift around 1,000 workers, who generate around 20 percent of its trading revenue to Paris, post-Brexit.
Deutsche Bank, one of the biggest banks in the world, have reached an agreement with the US Justice Department over its sale of toxic mortgages in the run up to the 2008…
The Italian government has approved a €20 billion bailout fund, as Monti dei Paschi fail to raise desperately needed funds from private investors.
Business Line reviews some of 2016's main economic changes and the responses of the Federal Reserve, the European Central Bank and Bank of England.
The European Court of Justice has ruled that two million Spanish mortgage holders are entitled to bank refunds because they paid too much interest.
Italy's parliament has approved a 20 billion euro plan to prop up the country's weaker banks, starting with a bailout for Monte dei Paschi di Siena.
Shares in Monte dei Paschi suffered further steep falls on Monday as it tried to raise five billion euros by year-end to avoid a state bailout.
Italy's largest bank, UniCredit, is to raise 13 billion euros in a share issue to shore up its balance sheet. It will also cut 14,000 jobs.
Euronews’ Maithreyi Seetharaman asked Valdis Dombrovskis, the European Commission Vice President for the Euro & Social Dialogue, Financial Stability, Financial Services & Capital Markets Union, if the
2016 has been quite the rollercoaster year for European banks, with elections, regulations and other surprises making investors nervous.
The European Central Bank's attempt to be more user friendly via #AskECB on Twitter brought serious questions, but a few pranksters as well.
The European Central Bank is expected to extend its generous bond buying scheme and keep its principal interest rate, for refinancing operations, unchanged at zero percent as efforts continue to boost
JPMorgan Chase, Credit Agricole and HSBC have been fined a total of 485 million euros for their alleged role in a cartel to fix the price of Euribor interest…
The world’s oldest operating bank Monte dei Paschi needs to raise five billion euros by the end of this month.
Investor confidence in Italian banks ability to raise money to cover bad debt takes a tumble as fears over government's future weigh on market.