Banca Monte dei Paschi di Siena was the best performer on the Milan stock exchange on Tuesday as investors anticipated a quick sale of 200 branches
It has been announced that struggling Portuguese Bank BPI will be recapitalised. The news was warmly welcomed by investors on Monday in Lisbon
Spain’s borrowing costs continued to lurch higher and share prices tumbled on the Madrid stock exchange this week as investors become more convinced
Newly nationalised Bankia saw its share price plunge after asking for an additional 19 billion euros in state aid.
With investors doubting the
Swiss luxury goods group Richemont saw its shares jump after posting better than expected full-year earnings.
The company, with brands including
Bankia continued its descent into hell on Thursday in Madrid, despite partial nationalisation. The share price of Spain’s fourth biggest bank was
Commerzbank, Germany’s second biggest lender, drastically improved the state of its finances in the first quarter, reassuring the markets and its
The Greek crisis came back to haunt French bank Crédit Agricole on Monday in Paris. Exposure to Greek debt is not the main problem for investors
Refocusing on wealth management seems to have had a positive effect on UBS, the biggest Swiss bank.
In the first quarter its core division regained
For a little over two years, Michel Barnier has been the European Commissioner for the Internal Market and Services. Part of that brief is to calm
The bursting of the Spanish property bubble continues to hit bank profits there.
On Thursday CaixaBank shares fell over two percent after it posted
The money boom that led to the financial crisis has changed Icelanders’ values.
The banking crash there has hit not only their enviously high
Rafael from Poland: I just want to ask how the European Union is going to help small companies to grow in the united market and survive the
For Switzerland, it is tough being so popular especially when investors see this small country and its currency as a refuge from the growing euro
Credit rating agencies too powerful?
Victor, from Fontainebleau, France: “How did credit rating agencies manage to acquire such power over the
Many think this could be Africa’s century. The continent weathered the global recession relatively well and the IMF predicts faster growth than in
The European Commission has unveiled plans to tax banks to make them pay now for future crises.
Michel Barnier, the European Union commissioner in