Several of Spain's 18 savings banks have failed tests to see how they would cope with worsened economic conditions, according to reports.
Goldman Sachs has angrily defended itself against a public campaign claiming the bank is exacerbating global food crises through its commodity trading operations.
The FTSE opened up at 5237.75, up 26.46 points, (0.51%) as European stocks edged higher in opening trading, drawing some optimism from Wall Street's late-session comeback.
Investment banking giant Goldman Sachs will pay a record $550m fine to settle the SEC's fraud probe into mortgage-backed securities.
More ETF providers are embracing synthetic replication, with the multi-swap counterparty model hailed as the next stage in product evolution. But to what extent does this already exist? Helen Fowler reports
New-York based Global X Management has released its Brazil Mid Cap ETF on NYSE Arca.
The Office of Fair Trading (OFT) has announced a probe into parts of the investment banking industry.
The Red Knights group of wealthy supporters mulling a takeover of Manchester United has shelved plans to make a bid for the club.
Exchange-traded product provider Source has seen total assets in its exchange-traded commodities (ETC) range surpass the €500m mark in the year since launch.
Britain and France are at odds with other European Union countries over plans to insure against future bank failures, in another sign of the problems in trying to forge a common response to the bloc's economic woes.