Now playing Next France French tax avoidance probe takes a new turn French tax authorities have discovered more than 38,000 secret French accounts containing 12 billion euros worth of assets in the Swiss bank 21/01/2016
Now playing Next China World Bank rival launched in Beijing The Chinese President Xi Jinping launched a new international development bank on Saturday in Beijing that is being seen as a rival to the US-led 17/01/2016
Now playing Next Economy European economies face harsh headwinds from China Headwinds from China again for European economies. As China’s financial markets remain relatively closed exposure for banks is limited, but trading 07/01/2016
Now playing Next United Kingdom UK: investment banks pay little or no tax, analysis shows Seven of the biggest investment banks operating in London paid little or no tax in Britain last year, despite reporting billions of dollars in 23/12/2015
Now playing Next Economy Markets positive ahead of US Fed's crucial interest rates decision Markets have been positive in the run-up to the long-awaited interest rate decision by the US Federal Reserve. The US central bank is widely tipped 16/12/2015
Now playing Next Economy Inflation data boosts Federal Reserve rate rise expectations The Federal Reserve’s two-day meeting to set interest rates that could see the first rise since before the financial crisis ends on Wednesday. An 15/12/2015
Now playing Next Economy Protests in Italy after savers lose money over banks rescue The Italian government faces growing protests over the rescue of four banks which saw thousands of investors lose money. The Economy Minister Pier 15/12/2015
Now playing Next Economy RBS and Standard Chartered pulled up but British banks pass stress tests A Bank of England stress test has singled out two British institutions – the Royal Bank of Scotland and Standard Chartered – for not having enough 01/12/2015
Now playing Next Economy Barclays fined 103m euros for failing to run checks on rich clients Barclays has been fined 72 million pounds (103 million euros) for failing to run proper checks on rich clients to prevent financial crime. Britain’s 26/11/2015
Now playing Next France France to clamp down on the financing of terrorism France will ask for a new EU directive on money laundering and terrorist financing to be pushed through at a swifter pace. At a press conference in 23/11/2015
Now playing Next Economy Britain offloads Northern Rock loans in biggest European state asset sale Britain has sold 13 billion pounds (18 billion euros) worth of loans once held by former mortgage lender Northern Rock, which was nationalised during 13/11/2015
Now playing Next Economy UniCredit to offload 18,200 posts in latest European bank overhaul UniCredit has become the latest major European bank to announce a major overhaul as part of its strategic plan – involving some fairly major lob 12/11/2015
Now playing Next Economy Standard Chartered bank to cut workforce by 17 percent The London-listed bank Standard Chartered is to shed 15,000 jobs by 2018 – the result of turbulence in Asian markets where it does most of its 03/11/2015
Now playing Next Economy Greek 'red loan' debtors eye bank recapitalisation with trepidation Greek banks have until the end of the week (November 6) to explain how they are going to raise 14.4 billion euros in extra new capital – according to 02/11/2015
Now playing Next Business Series HSBC quarterly profits exceed expectations Europe’s biggest bank HSBC has seen profits jump by a third in the third quarter, to $6.1 billion (5.5 billion euros). The results, which exceeded 02/11/2015
Now playing Next Real Economy Turning point: Europe's return to growth This week the Real Economy takes a look at the European Growth Story – is it reliable? And is it back for good? Those questions and more as well as 27/10/2015
Now playing Next Economy Markets fret over Polish election winners' bank tax plan Poland’s election result has brought a jittery reaction on the markets; the zloty and bank stocks falling slightly. The victorious Law and Justice 26/10/2015
Now playing Next Business Line Business Line: how can banks and carmakers regain customers' trust? Several years after the global financial crisis Europe’s banks are still trying to get back on track. Struggling to revive their fortunes and 21/10/2015
Now playing Next Economy Credit Agricole to pay $787m over sanctions-busting - US authorities US authorities say a subsidiary of Credit Agricole has agreed to pay a multi-million dollar fine over allegations that it violated sanctions against 20/10/2015
Now playing Next Economy Deutsche Bank pays hedge fund client $6bn 'by mistake' Deutsche Bank is back under the spotlight – for mistakenly sending a payment of six billion dollars to a US hedge fund client. The money was paid 20/10/2015