Markets

Surprise profit from Deutsche Bank but still overshadowed by massive US fine

Germany's biggest lender, Deutsche Bank, has posted an unexpected quarterly net profit but CEO John Cryan say no settlement yet on US misselling fine.

27 October 2016

Markets

Monte dei Paschi banks on restructuring plan

Italy's Monte dei Paschi says its restructuring plan includes writing off bad loans, job cuts and raising five billion euros in new capital.

25 October 2016

Economy

European Central Bank leaves stimulus measures unchanged

European Central Bank policymakers have kept interest rates and their bond buying programme unchanged, setting the stage for more easing in December.

20 October 2016

United Kingdom

UK bank 'blocks accounts' of Russia's state-run RT broadcaster

The editor-in-chief of RT, Russia’s state-run broadcaster, claims all of its UK bank accounts have been blocked.

17 October 2016

Economy

Financial sector job loss warning over Brexit

Top international bankers warn they could start moving staff out of Britain by next year if there's no clarity on UK access to the EU single market.

12 October 2016

Markets

No DoJ deal for Deutsche Bank

Deutsche Bank has failed to secure a speedy deal with the US Department of Justice over the misselling of mortgage-backed securities.

10 October 2016

Business Series

Bored at the bank? Pepper is here to help

Mini robots called Pepper have been rolled out at a bank in Taiwan to entertain customers as they wait, and try to sell them financial products.

6 October 2016

Business Line

Deutsche Bank: the 'too big to fail' problem returns

In Business Line we examine how Germany's biggest lender Deutsche Bank has become the focus of fears it could trigger a repeat of the 2008 crash.

6 October 2016

Business Series

Netherlands bank ING to cut 7,000 jobs in digital quest

ING, the Netherlands' largest financial services company, is getting rid of 7,000 positions and will invest 800 million euros in its technology platform.

3 October 2016

Markets

Rollercoaster Friday for Deutsche Bank on settlement fears and hopes

Deutsche Bank's shares bounced back on Friday after a media report it was close to settling with US authorities over alleged misselling of mortgage-backed securities.

30 September 2016

Markets

Deutsche Bank boss offers reassurance after shares slump

Deutsche Bank shares continued their gyrations - down nearly nine percent at one stage on Friday on fears about its stability.

30 September 2016

Markets

Commerzbank's shares slip despite restructuring

Commerzbank has confirmed it will reduce its workforce by more than a fifth - cutting 9,600 jobs as it faces a slump in earnings.

29 September 2016

Economy

Draghi faces off against German critics

Grilled by German lawmakers, ECB head Mario Draghi has been defending its ultra low interest rates and other stimulus measures.

28 September 2016

Markets

Deutsche Bank shares perk up on insurance sale, rescue plan denial

Deutsche Bank's shares rose on Wednesday after the CEO said it didn't need to raise money and the German government denied it was preparing a rescue plan.

28 September 2016

Markets

Deutsche Bank's shares rise on sale of Abbey Life

Deutsche Bank shares rose on Wednesday as it sold its British insurance business Abbey Life, albeit at a loss.

27 September 2016

Markets

Monday blues as Deutsche Bank and energy sector pull down European stocks

European stock markets are suffering a nervous Monday as investors sold off energy company and bank shares - with Deutsche Bank the biggest loser.

26 September 2016

Spain

Former IMF chief Rodrigo Rato in the dock on corruption charges

Former IMF chief Rodrigo Rato arrives at court for his trial relating to the alleged misuse of company credit cards.

26 September 2016

Business Series

French court cuts damages owed by rogue trader Jerome Kerviel

A French appeals court has cut the amount of damages owed by trader Jerome Kerviel to his former employer Societe Generale to a million euros.

23 September 2016

Markets

Caixabank sells shares to buy Portugal's BPI

Spain’s Caixabank has sold 1.

23 September 2016

Economy

Bank of Japan changes stimulus policy, denies it's running out of options

The Bank of Japan is changing tack as it tries to get the economy growing again with an increased emphasis on the amount of interest paid to investors who buy government bonds.

21 September 2016