Royal Bank of Scotland has handed the City regulator messages sent by one of its former traders in the latest twist in an investigation into potential manipulation of currency rates.
Youth unemployment in Spain has reached a new high of 56.1%, a quarter of the 3.5 million under-25s jobless across the eurozone, according to the latest Eurostat figures.
Europe’s biggest banks are stepping up efforts to boost capital and trim assets as pressure from regulators and investors increases, half a decade after the global financial crisis began.
The European commission is to unveil controversial draft legislation on a European resolution authority charged with deciding the fate of troubled eurozone banks.
Ten years ago this week, it was euro crunch time for Britain. Gordon Brown had promised an assessment of whether the UK met his five tests for entry into the single currency within two years of the 2001 election. He met the deadline almost to the day.
Another month, another dismal set of jobless figures from the eurozone.
Goldman Sachs and UBS will lead a syndicate of banks collecting about £30m from the £3bn privatisation of Royal Mail.
The eurozone's private sector shrank for the 15th consecutive month in April – suggesting the single currency area will fall deeper into recession this quarter.
Knight Vinke, the activist investor, is not everybody's cup of tea and the directors of UBS may believe that the grumbles of a shareholder that owns less than 1% of the bank can be ignored.
The warning signs are flashing red for the eurozone.
European leaders reached an agreement with Cyprus early on Monday morning that closes down the island's second-biggest bank and inflicts huge losses on wealthy savers.
Cyprus has become the fifth eurozone nation to seek help from international lenders, but the rescue package includes a hugely unpopular levy on savers at Cypriot banks – and as yet it remains unclear whether the country's MPs will accept it.
The top 1,500 bank staff in the UK earned an average of £1m each in 2011, according to new regulatory filings by major banking employers.