European shares climbed to six-week highs on Monday, led by miners, luxury goods makers and automakers after signs of fresh stimulus to sup...

The latest flurry of bank earnings in Europe highlighted broader trends in global banking, where investment banks are under pressure due to...

UniCredit has received several offers from Russian financial institutions to buy its local subsidiary since its chief executive, Andrea Orc...

Amidst the Ukraine-Russia crisis, UniCredit's chief executive Andrea Orcel has stated that the association is thinking of pulling out its s...

Investors worry banks will again need to hike loan loss provisions, which had been declining after the pandemic-driven spike in 2020. The c...

What the region's banks now fear most is that Russia gets banned from a widely used payment system, bankers told Reuters, with one describi...

Mining and energy stocks climbed 1 per cent and 0.7 per cent, respectively, boosted by oil prices at multi-year highs and copper prices adv...

The pan-European STOXX 600 index was down 0.8% at 0714 GMT, with energy, industrials and travel and leisure stocks leading declines.

Concern about sluggish global growth were reinforced this week by central banks in the euro zone and United States.

Europe's STOXX 600 was down 0.3 per cent in early deals.

The Swiss central bank unexpectedly cut interest rates and said it will increase the supply of francs to money markets to curb the "massive...

UBS analyst Arnaud Giblat noted that "historically, regulatory and political approvals have generally been benign given that local regulato...

Analysts say investors risk ignoring a jump in funding costs that will erode profit.

European bank stress tests will themselves be tested on Monday when investors return to markets in Europe and Asia with a verdict on an unp...

Europe faces another moment of truth in its simmering debt crisis on Friday as regulators release the results of ``stress tests'' on 91 ban...

The world’s banks ‘remain at risk’ of up to $203 billion in additional writedowns, largely because the bond insurance crisis could worsen, ...

UniCredit agreed to buy Capitalia in a e21.8 billion ($29.5 bn) purchase to cement the position of Italy’s biggest bank in Europe’s most pr...