Investors should keep buying UniCredit stock, analysts say, but sell Banco BPM and cool it on the rest of the Italian banking sector.
UBS stock slipped during early trading Wednesday after saying that it has agreed to buy a majority slice of a Brazilian family office, bulking up its Latin American footprint.
Last ditch settlement talks between RBS and shareholder litigants could be extended by a judge Tuesday, according to a source, suggesting Monday's efforts to reach a deal have failed.
It was a solid start to the week with gains putting the S&P 500 within 10 points of its all-time closing high.
What will the European banking and capital markets systems look like after Brexit?
Momentum traders and latecomers appear to be bidding up Bitcoin's price, as well as that of other cryptocurrencies. Those believing in Bitcoin's story might want to wait to buy in.
The trial of British bank RBS was adjourned until the following morning on Monday so that the lender and plaintiffs could enter one last ditch round of settlement talks.
Formed in 2014 with investments from financial institutions including Goldman Sachs and Bank of America, Symphony has previously raised about $170 million to solve an 'industrywide communication challenge.'
Regulators have pressured U.S. banks in recent years to hoard capital. Now, that's about to change.