France has stepped up its efforts to grab some of the London banking business that could be displaced by Britain's decision to leave the European Union.
The Bank of Japan held back from offering any further economic stimulus, despite weak inflation and poor global growth.
Russia's central bank has cut its main interest rate by 0.5 percent to 10.5 percent, signaling confidence by its policymakers that inflation risks are declining.
It has been dubbed the world’s most high-powered but secretive annual meeting where bankers mingle with politicians.
Standard and Poor's has warned that as borrowing costs go up some countries could see their credit ratings cut or outlooks lowered, with the most pronounced problem in the eurozone.
French bank Societe Generale has been ordered to pay rogue trader Jerome Kerviel compensation for wrongfully firing him even though he cost them almost five billion euros.
Police have raided Spanish bank Santander's headquarters in Madrid as part of an investigation into possible tax evasion.
Banco Popular's share price continued to fall on Friday after it announced a second 2.5 billion euro sale of new shares in less than four years.
VTB, Russia's second-largest bank, made a net profit in the first quarter of just 600 million roubles (8.1 million euros) while saying it sees "stabilisation" in the Russian economy.
US Secretary of State John Kerry has said European banks have nothing to fear from resuming business with Iran now that some sanctions have been lifted.
Shares in Italy's Banca Monte dei Paschi di Siena got a little bit of a boost on Friday from its better-than-expected first-quarter profit of 93 million euros.
The shareholders of Credit Suisse have given the bank's bosses a rough ride at its annual investor meeting in Zurich.
The Bank of Japan has surprised the financial world by deciding at its latest policy meeting that there will be no new monetary stimulus while it waits to see the effects of previous easing.
European Central Bank President Mario Draghi has vowed to use all the tools at his disposal for "as long as needed" to return the eurozone economy to growth.
The European Central Bank has kept borrowing costs at record low levels despite German criticism of the stimulus moves.
Italy’s strongest financial institutions have agreed to set up a $5.7bn banking fund in order to provide a safety net to shore up the more
UK banks and financial institution are being asked to check whether they’ve done business with the company named in the 'Panama Papers' scandal.
Two of the biggest banks at the centre of the Panama Papers revelations have rejected claims they were actively using offshore accounts to help
Cyprus has kicked off the working week standing on its own two feet. Its EU bailout has officially finished, as it bounces back from financial
Losses at Britain's Co-operative Bank nearly doubled last year and the chief executive warns it will remain unprofitable for the next two years though he is making progress with a turnaround plan.
Lending growth to eurozone companies and households rose at its fastest rate since late 2011 in February, but the economic recovery remains sluggish and uneven.
Analysts say the European Central Bank could end up owning as much as a quarter of all eurozone government bonds which risks distorting the market.
One day after Credit Suisse said it is accelerating its cost-cutting plan and will cut a further 2,000 jobs, we learned what Chief Executive Tidjane Thiam is being paid.
The blame game is underway in Bangladesh after computer hackers stole the equivalent of 73 million euros from the central bank and nearly got away with 10 times as much