Chrysler has reached a point in discussions over a proposed alliance with Fiat that will allow the U.S. automaker to make some planning decisions on models, production locations and the timing of l.....

The European Union pledged on Tuesday to bail out any struggling euro zone members before they turn to the International Monetary Fund (IMF) and said it was strong enough to combat the global finan.....

HSBC launched a 12.5 billion pound (17.7 billion dollars) rights issue on Monday to shore up its balance sheet after annual profit more than halved and as bad debts soared in the United States.

The leaders of the European Union gathered Sunday in Brussels in an emergency summit meeting that seemed to highlight the very worries it was designed to calm: that the world economic crisis has un.....

Three development banks launched a program to lend up to 24.5 billion euros (31.2 billion dollars) in central and eastern Europe on Friday, as EU members prepare this weekend to discuss the region'.....

Britain's HSBC is set to announce a share sale of up to 18 billion dollars, two sources familiar with the situation said on Saturday, in what could become the country's biggest-ever rights issue.

Deutsche Post World Net and Deutsche Bank have completed the transaction regarding the sale of shares in Deutsche Postbank as agreed on January 14, 2009.

In accordance with the agreement, .....

Bank of England governor Mervyn King warned Thursday that Britain's troubled banks may need to tap the government for more money to shore up their battered finances and downplayed fears that measur.....

Britain launched a scheme on Thursday expected to insure more than 500 billion pounds (712 billion dollars) worth of banks' toxic assets as it aims to spur lending and avert having to fully nationa.....

Lloyds Banking Group could commit to lend more to home buyers and small businesses as part of an asset protection scheme that Britain's government is set to unveil with banks this week.

The.....

Latvia on Tuesday became the second European Union nation after Romania to receive a junk level credit rating after Standard & Poor's reduced its rating on the crisis-hit nation.

S&.....

LONDON, Feb 24 (Reuters) - European stock index futures pointed to a fall in equities on Tuesday, tracking losses in U.S. and Asian markets, as investors remained jittery about the health of the fi.....

The British government could drop Lloyds Banking Group's annual 480 million pound (700 million dollars) interest charge on a taxpayer loan in exchange for the bank increasing lending to home buyers.....

Shares in UBS hit record lows on Friday as Swiss bank stocks reeled on concern a widening U.S. tax probe will weaken strict privacy rules that underpin Switzerland's wealth management industry.

European leaders agreed on Sunday to push for a global crackdown on tax havens and strict new regulation of hedge funds as part of a sweeping overhaul of financial rules designed to prevent future .....