Last week, 25 banks failed the asset quality review (AQR) conducted by the European Central Bank for 130 of the eurozone's largest banks.
The UK Government has said that it will 'retire' �218m of the UK's �2bn First World War debt by refinancing bonds originally issued by Winston Churchill.
The threat of a triple-dip recession in the eurozone, civil unrest in China and the Ebola crisis have created an unprecedented number of headwinds for the global economy, according to the chief executive of WPP.
LONDON (Reuters) - State-backed Royal Bank of Scotland (RBS.L) has set aside 400 million pounds ($640 million) to cover potential fines for manipulating currency markets and warned further charges for past misconduct would continue to hit its profits.
Gas prices dipped today after a gas deal was signed overnight between Ukraine and Russia. The agreement brings a moment of relief after fears of a European gas supply crunch.