The key to any action will be the Governing Council’s interpretation of the “unwarranted tightening” that Draghi said would be one reason t...

Europe is facing a 'true' financial crisis, not just a monetary one, with broad-based disruption in the markets, French central bank govern...

European finance chiefs are divided on how to involve private investors in a second bailout for Greece and stave off the euro area's first ...

S&P warned that any attempt to restructure Greece's debt would be considered a default. Pressure on finance ministers to craft rescue plan ...

The euro sank to a two-month low on Monday in a nervous first reaction to a multibillion-dollar bailout for Ireland that European governmen...

When Fitch raised Indonesia's credit rating in January to just one level below investment grade, debt strategist Anthony Chan took little n...

The European Union's executive on Wednesday proposed that a new markets regulator should oversee credit rating agencies across the 27-natio...

Stress tests carried out by the Bank of France on French banks show that they are sound, the head of the nation's central bank said on Satu...

The Bank of France governor struck a reassuring tone on Tuesday about the ongoing financial crisis, calling for calm before a meeting of th...

The crisis roiling the financial sector will probably grind on for some time, but European banks should be able to avert serious trouble.

The ECB has been responsible for monetary policy in the 15 countries that share the euro starting in January 1999, and has an obligation to...

US and European central bankers are intensifying pressure on counterparts in emerging-market countries to step up the fight against inflati...

The world economy is likely to grow by about 4.0 per cent this year and the United States should avoid a recession, the governor of the Ban...

The euro was under pressure against the dollar on Thursday as investors awaited German corporate sentiment data for further clues on the he...

A new court battle will be held Monday over the detention of French rogue trader Jerome Kerviel while Societe Generale is to soon launch an...

French bank Societe Generale kept its embattled CEO and promised a thorough probe of huge trading losses blamed on a single trader, while t...

French bank Natixis is keen on entering the Indian market while SBI Life’s foreign partner Cardif is interested in increasing its presence ...