Italy’s UniCredit has taken a 9% stake in Germany’s Commerzbank, setting the stage for a pathbreaking cross-border takeover.

Wall Street banks were burned two years ago when they backed big corporate buyouts and ended up with tens of billions of ...

Among the continent?s top-50 lenders, every fifth card came from Sber as of last year Russian state-run lender Sber (formerly ...

European shares closed lower on Wednesday, as investors refrained from risk-taking ahead of an all-important interest rate ...

On top of this, sanctions have weeded out most ... In May Janet Yellen, America’s treasury secretary, warned European banks that “operating in Russia creates an awful lot of risk”.

Inflation has fallen in most developed nations, and central bank officials are now trying to steer their economies toward a ...

European banks may not be sufficiently provisioned for property loan defaults if severe pressure leads to rapid growth in problem loans, a report by Moody's Ratings said on Thursday, but judged ...

The biggest outlier had been the Federal Reserve ... The Bank of Canada has cut rates three times since June. Last week, the European Central Bank cut interest rates for the second time in ...

The country is among the world's top greenhouse gas emitters because it relies heavily on coal for power generation, but it ...

While the Fed's apparent rush lends some support to arguments that the ECB is falling behind the curve given rising recession ...

Climate X report reveals 88% of top global banks are unprepared for climate disruptions, with European banks leading and US ...

The largest component of the Polish economy is the service sector with 62.3 percent, followed by industry (34.2 percent) and ...