Now playing Next Money First Citizens Bank to buy collapsed Silicon Valley Bank All of SVB's deposits and loans will be taken over by its rival First Citizens Bank, US regulators said late on Sunday. 27/03/2023
Now playing Next state of the union State of the Union: Credit Suisse lifeline and Putin hosts Xi In our weekly review, we look at the takeover of Credit Suisse by its rival, China-Russia relatins and the EU leaders' summit in Brussels. 24/03/2023
Now playing Next Germany European stock markets close sharply lower on renewed bank fears Shares in Germany’s largest lender, Deutsche Bank, fell sharply Friday as fears of a banking crisis developing grow. 24/03/2023
Now playing Next Economy EU leaders insist eurozone is 'resilient' as Deutsche Bank plunges Financial markets have been rocked since the collapse of Silicon Valley Bank and the government-brokered takeover of Credit Suisse. 24/03/2023
Now playing Next Economy Exclusive: EU 'not naïve' about Russia-China ties, says Charles Michel In an exclusive interview with Euronews, European Council President Charles Michel discussed the Ukraine war and China's proposed peace plan. 22/03/2023
Now playing Next Economy ECB ready to preserve 'as necessary' the eurozone's stability: Lagarde Christine Lagarde's comments come in the midst of persistent turmoil across Europe's banking sector. 20/03/2023
Now playing Next Switzerland Central banks move to prevent crisis after UBS buys Credit Suisse The deal serves as a buffer to ease tensions in global funding markets 20/03/2023
Now playing Next Switzerland UBS to acquire troubled rival Credit Suisse in Swiss government deal The Swiss central bank is extending a line of credit up to CHF 100 billion (€100 billion) to UBS and Credit Suisse. 19/03/2023
Now playing Next world news European Central Bank increases interest rate by 0.5% European Central Bank increases interest rate by 0.5% despite turmoil in the banking sector and financial markets. 16/03/2023
Now playing Next Switzerland Credit Suisse to borrow €51 billion from Swiss central bank Credit Suisse said it would exercise an option to borrow up to €51 billion from Switzerland's central bank 16/03/2023
Now playing Next Europe News EU should 'stay alert' after Silicon Valley Bank collapse: McGuinness "Higher inflation and rising interest rates present different challenges to financial stability," said European Commissioner Mairead McGuinness. 15/03/2023
Now playing Next Switzerland European banks plunge, dragged down by Credit Suisse On the Paris stock exchange, French bank Société Générale fell by 10.6% and BNP Paribas by 10.3% - marking the biggest decline in the session since 24 February 2022 for Société Générale and since 16 March 2020 for BNP Paribas. 15/03/2023
Now playing Next Food and Drink Toblerone to lose Matterhorn logo as it’s no longer ‘Swiss’ chocolate The iconic 4,478m mountain peak will no longer feature in the chocolate bars' packaging, as Toblerone has lost its 'Swissness'. 06/03/2023
Now playing Next Green News Flamingos and pelicans threatened by new Albanian airport Albania’s new airport could destroy avian habitats and risk aircraft collisions with big birds, protestors warn. 31/01/2023
Now playing Next Green News Right wingers move to derail climate law in Switzerland Switzerland’s People’s Party argues climate laws are counterproductive during the current energy crisis, triggered by the war in Ukraine. 10/01/2023
Now playing Next Travel News Which European countries have the highest rail fares? From Austria to the UK, these are the countries with the highest rail fares in Europe. 09/01/2023
Now playing Next Work This Swiss ski resort is hoping to peak as a top tech start-up hub In the heart of the Swiss Alps, you can find Crans-Montana, a world famous ski resort. But in recent years, it has been making major investments to attract more tech talent to the area. 09/01/2023