The profitability of Europe’s top banks hit a record high just as the European Central Bank cut interest rates for the first ...

European bourses tracked moderately higher midday Monday as traders awaited fresh market signals and central bank actions in Europe and Beijing. People's Bank of China Governor Pan Gongsheng will ...

Christine Lagarde, president of the European Central Bank (ECB), has warned that the world economy is currently in a crisis similar to that of the 1920s. Which at the time led to "economic nationalism ...

UniCredit SpA Chief Executive Officer Andrea Orcel used Barclays Plc and Bank of America Corp. to help him quietly build up a ...

The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy. Source: European Central Bank By The New York ...

The European Central Bank is expected to cut interest rates on September 12 due to falling inflation and sluggish growth.

Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, ...

With inflation subsiding, the European Central Bank is expected to cut interest rates again on Thursday to prop up tepid growth with lower borrowing costs for companies and home buyers. The U.S.

European banks are factoring climate risks into the terms of mortgages they grant, although they don’t fully grasp the ...

Global stock markets were mostly positive this week, buoyed by optimism over central banks' rate cuts. The ECB’s second rate ...

With inflation subsiding, the European Central Bank is cutting its benchmark interest rate to prop up tepid growth with lower borrowing costs for companies and home buyers FRANKFURT, Germany ...

FRANKFURT, Germany (AP) — With inflation subsiding, the European Central Bank cut interest rates again on Thursday to prop up ...