Greece's third largest lender Alpha Bank on Tuesday offered to buy local rival Emporiki from France's Credit Agricole, heralding a long-awaited consolidation in the battered sector. Alpha's announcement comes days after rival
Greece is considering issuing more treasury bills in August as one of the options to cover a funding squeeze this month, a senior finance ministry official told Reuters on Wednesday. Cash-strapped Greece
* Trade union, leftist opposition against deal * Piraeus Bank's plan to take over the healthy chunk of ailing state lender ATEbank boosted its shares on Monday as the deal will benefit
Several banks under investigation for suspected rigging of euro interest rates are cooperating with EU antitrust regulators in the hope of lower fines, two people familiar with the matter said on Monday,
The World Bank on Monday said it stood ready to help governments respond to a broad-based run-up in grain prices that has again put the world's poorest people at risk and could
European stocks rose early on Monday, rallying for a third straight session, propelled by mounting expectation the European Central Bank this week will unveil fresh measures to ease the tension surrounding the
Asian shares extended their gains on Monday, supported by expectations the U.S. Federal Reserve and European Central Bank will act to support their fragile economies, but the euro fell as caution kept
Political leaders in Greece have agreed on most of the austerity measures demanded by its creditors and are now eyeing pension and wage cuts to find the final 1.5 billion euros of
British bank Barclays Plc pledged to repair the damage to its reputation caused by its part in the interest-rate rigging scandal that has rocked the banking industry, after beating forecasts with a
Asian shares rallied on Friday, led higher by a strong result from smartphone giant Samsung Electronics, after the European Central Bank rejuvenated risk appetite and steadied the euro by signalling its resolve
