UBS sets gloomy tone for Europe"s banks

Deutsche Bank announced a second consecutive quarterly loss on Wednesday, at the start of a heavy day of earnings from the sector. David Pollard reports......»»

Gloomy economic forecasts set the tone at the World Economic Forum in Davos, Switzerland, as Europe’s recovery appears to be running out of steam and its politics shaken by the growing strength of nationalists......»»

European stocks inched higher on Tuesday, with U.K. equities driving the market action as most of the region’s markets were closed for May Day......»»

European stocks were inching toward a fresh record on Wednesday, with shares of Royal Dutch Shell climbing after a trading update, and banks also higher. U.S. stock futures were slightly higher......»»

Shares of Europe's largest banks dropped on Monday after extending credit to a major client that couldn't meet its obligations......»»

European stocks climbed on Wednesday, as investors focused on economic reopenings in Germany and a U.K. budget message......»»

British stocks and U.S. futures moved lower early on a quiet Friday as investors digested earnings warnings, gloomy economic data and the potential resumption of U.S.-China trade tensions......»»

European stocks struggled for traction on Wednesday, on a busy day for earnings that overall reflected the deep difficulties facing companies amid the coronavirus outbreak......»»

Banks should rein in bonuses to boost their capacity to help businesses and households hit by the coronavirus crisis, the European Commission said on Tuesday. Ciara Lee reports.....»»

Expertise helped of a busy New York City subway tunnel linking the trendy Brooklyn neighborhood of Williamsburg to Manhattan, Gov. Andrew Cuomo said Sunday as he announced that trains would resume... To view the full story, click the title link......»»

Apple Inc. (NASDAQ: AAPL) and Amazon.com, Inc. (NASDAQ: AMZN) earnings. Meetings of the Fed and other key central banks. Economic growth data. This week arguably has it all, and it starts with some optimism. Stocks rose in Europe, a.....»»

U.S. investment banks are shrinking lending activity in Europe as the coronavirus crisis forces them to retreat home, allowing BNP Paribas and other European lenders to fill the funding gaps and grab market share, seven sources told Reuters......»»

U.S. investment banks are shrinking lending activity in Europe as the pandemic forces them to focus on home, allowing BNP Paribas and other European lenders to fill the gaps and grab market share, sources familiar with the matter told Reuters......»»

European stocks fell Wednesday as investors looked at some gloomy economic forecasts and the failure of the European Union to come up with a united front against the pandemic......»»

By David Callaway, Callaway Climate Insights Largest European energy financier commits to being net zero by 2050 and aligning investments with Paris accord. SAN FRANCISCO (Callaway Climate Insights)........»»

There’s the old saying that it’s always darkest before the dawn. As today’s trading dawns, investors seem to be more optimistic this morning as they may be sensing signs of a turnaround in the global coronavirus pande.....»»

European banks dropped on Monday to pace a broader market retreat after the chief regulator for the region recommended no dividend payments be made until the autumn......»»

Banks need to lend to companies at zero cost to save jobs, and governments must be prepared to absorb the cost, says former European Central Bank President Mario Draghi......»»

European stocks rise Friday, as investors appear willing, for now, to put their faith in vast stimulus moves from central banks and governments to shore up economies against the fast-spreading coronavirus pandemic......»»

European stocks and U.S. equity futures climbed on Friday, after a week that has seen global central banks and governments pour on firepower against coronavirus, which is threatening to send the world into a recession......»»