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.
Will the new banking regulations make our banks safer and be less of a burden to the taxpayer?
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 confident Italy knows what to do.
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.
The Bank of England’s new plastic five pound note has fallen foul of vegans and members of the UK’s Sikh and Hindu communities.
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.
ECB President Mario Draghi has spoken out against any relaxing of the rules on how banks operate and hinted at more stimulus for the eurozone.
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.
Italy's Monte dei Paschi says its restructuring plan includes writing off bad loans, job cuts and raising five billion euros in new capital.
European Central Bank policymakers have kept interest rates and their bond buying programme unchanged, setting the stage for more easing in December.
The editor-in-chief of RT, Russia’s state-run broadcaster, claims all of its UK bank accounts have been blocked.
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.
Deutsche Bank has failed to secure a speedy deal with the US Department of Justice over the misselling of mortgage-backed securities.
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.
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.
ING, the Netherlands' largest financial services company, is getting rid of 7,000 positions and will invest 800 million euros in its technology platform.
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.