Now playing Next Business Series Deutsche Bank's shares get boost from bond buyback reports Deutsche Bank's shares recovered some ground on reports it is considering buying back several billion euros of its debt. 10/02/2016
Now playing Next Vatican "The Devil's Job": ex-Vatican Bank chief Tedeschi on finance and morality Italian economist and banker Ettore Gotti Tedeschi was president of the Vatican’s Bank at a time of turmoil from 2009 to 2012. Amid a 04/02/2016
Now playing Next Europe News EU auditors slam 'weak' Commission over bailouts The European Commission’s handling of some bailouts for crisis-hit countries was “generally weak” and inconsistent, according to a new report 26/01/2016
Now playing Next Economy Draghi attempts to strike an optimistic tone for the state of Europe at Davos Head of the European Central Bank Mario Draghi, attending the World Economic Forum in Davos, has indicated that the ECB intends to step up stimulus and defend and promote growth in the Eurozone in the 22/01/2016
Now playing Next Economy Lagarde seeks second term as head of the IMF Head of the International Monetary Fund, Christine Lagarde, has announced she will run for a second term as managing director of the financial institution. 22/01/2016
Now playing Next Business Series Deutsche Bank posts a record €6.7bn loss for 2015 Deutsche Bank shares plummeted some ten percent after warning it would report a record loss for 2015. 22/01/2016
Now playing Next Economy Barclays slashes jobs at investment banking division Barclays will cut about 1,000 jobs in investment banking worldwide as new Chief Executive Jes Staley wields the axe in a bid to reduce costs and boost returns. 21/01/2016
Now playing Next World News European markets brace themselves for more panic Wall Street kept a lid on the panic – just – after earlier moving deep into the red on Wednesday following an appalling day on European markets 21/01/2016
Now playing Next World News Russia: rouble at its lowest since 1998 Coupled with fresh falls in world oil prices, investor concerns deepen. 20/01/2016
Now playing Next China World Bank rival launched in Beijing The Chinese President Xi Jinping launched a new international development bank on Saturday in Beijing that is being seen as a rival to the US-led 17/01/2016
Now playing Next Economy European economies face harsh headwinds from China Headwinds from China again for European economies. As China’s financial markets remain relatively closed exposure for banks is limited, but trading 07/01/2016
Now playing Next Russia Russian ruble scrapes new low, no happier for 2016 The Russian ruble on the last currency trading day of the year has hit a new 2015 low against the US dollar, at one point falling to 73.20 to the 30/12/2015
Now playing Next Germany US Fed rate decision boosts confidence as markets rally European shares surged in early trading on Thursday on news of the Fed’s decision. The European FTSEurofirst 300 index was up 1.8 percent by just 17/12/2015
Now playing Next Economy Protests in Italy after savers lose money over banks rescue The Italian government faces growing protests over the rescue of four banks which saw thousands of investors lose money. The Economy Minister Pier 15/12/2015
Now playing Next Iraq USAF claims key ISIL kills in Iraq US air force pictures from the skies over Iraq give little idea of the effectiveness of air strikes against ISIL. The planes are here because 10/12/2015
Now playing Next Greece Greek parliament narrowly approves 2016 austerity budget The Greek parliament has narrowly approved a 2016 budget which includes sharp cuts in spending and some tax increases. The measures were conditions 06/12/2015
Now playing Next United Kingdom Britain to boost defence spending and create rapid strike force David Cameron has announced a massive boost to Britain’s defence budget in the wake of the Paris attacks. Speaking after visiting the French capital 23/11/2015
Now playing Next France France to clamp down on the financing of terrorism France will ask for a new EU directive on money laundering and terrorist financing to be pushed through at a swifter pace. At a press conference in 23/11/2015
Now playing Next Greece Greece approves reforms to unlock further bailout cash Greece has approved a reform bill, which paves the way for the release of further bailout funds from its international lenders. But Prime Minister 20/11/2015