Now playing Next Economy Credit Agricole to pay $787m over sanctions-busting - US authorities US authorities say a subsidiary of Credit Agricole has agreed to pay a multi-million dollar fine over allegations that it violated sanctions against 20/10/2015
Now playing Next Economy Deutsche Bank pays hedge fund client $6bn 'by mistake' Deutsche Bank is back under the spotlight – for mistakenly sending a payment of six billion dollars to a US hedge fund client. The money was paid 20/10/2015
Now playing Next Economy Deutsche Bank reform plan welcomed by investors Moves by Deutsche Bank to overhaul senior management and put past scandals behind it have met with a positive response from investors. The bank 19/10/2015
Now playing Next Business Planet Enhancing access to finance with COSME In the latest edition of Business Planet, we visit Frankfurt to find out how you can obtain financing as this is obviously the question being asked 16/10/2015
Now playing Next Economy Deutsche Bank suffers record quarterly loss Deutsche Bank has posted a record quarterly loss with a pre-tax figure of 6 billion euros. It’s another blow to German corporate pride coming on the 08/10/2015
Now playing Next Economy US retailers risk fraud liability for missing chip card deadline Surveys in the US suggest many businesses may have missed a deadline for installing a new payment system for customers – meaning they may be liable 01/10/2015
Now playing Next Economy Norway surprises markets with interest rate cut Norway’s central bank has cut its main interest rate and hinted at possible negative rates ahead to support a weakening economy. The Norwegian crown 24/09/2015
Now playing Next Economy Deutsche Banks ends Russian operations Deutsche Bank has confirmed its closing part of its business in Russia as a result of sanctions and investigations into share trades. The German firm 18/09/2015
Now playing Next Economy Deutsche Bank could cut workforce by 25 percent Deutsche Bank is considering shedding almost a quarter of its global workforce as it looks to honour pledges to cut costs and streamline its 15/09/2015
Now playing Next Portugal Novo Banco: more protests over lost assets There have been more protests outside the offices of Portugal’s rescued bank, Novo Banco. Customers want savings lost when the bank was created from 09/09/2015
Now playing Next Portugal BES: angry savers clamour for their cash in Portugal Angry customers clamour to get their savings back from the collapsed Portuguese bank Espirito Santo. It is a battle of “Davids versus a Goliath” 10/08/2015
Now playing Next United Kingdom Former London banker jailed for 14 years in Libor scandal A court in London has sentenced a former city trader to 14 years in prison for his part in rigging interbank interest rates, known as Libor 04/08/2015
Now playing Next Portugal Former head of collapsed Portuguese bank under house arrest Ricardo Selgado is being investigated over allegations of forgery, breach of trust, tax evasion and money laundering 25/07/2015
Now playing Next Greece Greek banks reopen but frustrations and restrictions remain Greek banks reopened on Monday after being closed for three weeks but many restrictions remain. The limit on cash withdrawals stays at sixty euros a 20/07/2015
Now playing Next Greece Greek government issues decree on banks' reopening The Greek government has issued a decree ordering banks to reopen on Monday, three weeks after they were closed amid the country’s debt crisis. The 18/07/2015
Now playing Next Economy Greece: Banks to reopen on Monday as cash lifeline is announced Greece’s banks will reopen on Monday, three weeks after they were closed amid the country’s debt crisis. But maximum withdrawals of just 60 euros a 17/07/2015
Now playing Next Economy Anxious time for Greek residents and businesses with banks still closed Greek banks are still closed and limits on cash withdrawals remain in place 08/07/2015
Now playing Next Economy Greek people worry about their savings and their country's future As emergency talks on Greece got underway in Brussels, pensioners in Athens wait in line for their 60 euro daily cash limit. But a shortage of 10 07/07/2015
Now playing Next Greece ECB keeps tight funding grip on Greece's banks It is not the answer that Greece’s Central Bank wanted to hear. Its hopes of more financial support have been dashed after the European Central Bank 07/07/2015