Pimco buys all of $3 billion UniCredit bond: sources

U.S. fund Pacific Investment Management Co has bought all of a $3 billion, five-year bond offered with a hefty return […]

Downgrade overshadows Italian bank Intesa’s strong stress test showing

Intesa Sanpaolo’s (ISP.MI) shares fell by more than 2 percent on Monday, as a Goldman Sachs downgrade outweighed a strong […]

European stocks bounce back on Italy relief, China growth worries linger

Concern over China’s slowing economy dented U.S. stock futures and kept world stocks under pressure on Monday although European shares […]

Dividend windfall: Santander latest target in Germany’s giant fraud probe

Spain’s Santander is the latest bank to be caught up in Germany’s biggest post-war fraud investigation involving a share-trading scheme that […]