SocGen chief sees EU move to ban prop trades foundering
European Commission moves to ban top EU banks from market bets with their own money will run out of momentum once this year's health check on the sector shows it is in sound shape, the head of France's Societe Generale (SOGN.PA) said.
Eurozone watchdog says some banks should go under
Some of the euro zone's lenders have no future and should be allowed to go under if they fail a health check, the bloc's new banking supervisor told the Financial Times, underscoring a tougher approach to banking oversight.
Italian President Napolitano under fire over Monti appointment
Italian President Giorgio Napolitano faced fierce criticism on Monday over reports that he asked Mario Monti about replacing Silvio Berlusconi as prime minister months before his government fell at the height of the euro zone crisis in 2011.
Here comes the euro zone growth data
The euro zone and its constituent parts will report fourth quarter economic growth numbers at the end of the week, offering policy makers at the European Central Bank a needed snapshot of the bloc's underlying strength.
EU lawmakers call for stronger safety net for failing banks
EU lawmakers called on Thursday for a strengthening of plans to tackle failed banks in the euro zone, as tensions mounted in talks to seal the important reform.
Kremlin says no need to review Ukraine gas deals - if Kiev pays
Russia signaled on Wednesday that it could toughen demands for gas payments from Ukraine if Kiev fails to fulfill existing agreements, increasing pressure on an ex-Soviet neighbor gripped by an economic and political crisis.
Google improves antitrust offer, EU says deal in sight
Google has offered further concessions to address regulatory concerns about its search technology, the European Commission said on Wednesday, effectively settling a three-year investigation and avoiding a fine of up to $5 billion.
Shares slump as U.S. slowdown joins emerging-market woes
World shares slumped to near a four-month low on Tuesday as signs of a slowdown in the U.S. economy aggravated the anxiety caused by a sell-off in emerging markets.
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