Labour costs as low as the UK and the sophistication of French regulators have been cited as reasons for big financial groups expanding their Paris operations

Paris is emerging as the favoured financial trading hub for continental Europe, as some of the world’s biggest banks and asset managers prepare for li(...)

President Mario Draghi has said the ECB is prepared to intervene if risks to inflation increase or financing conditions tighten

The European Central Bank is likely to keep the door open for more monetary stimulus but stop short of taking new policy steps at a meeting on Thursda(...)

European Council president Donald Tusk: “This is really and truly the final wake-up call for Greece but also for us, our last chance.”  Photograph: François Lenoir/Reuters

The European Central Bank capped the amount of emergency funding it is providing to the Greek banking sector at €88.6 billion on Wednesday, in a si(...)

BNP Paribas’ 64-year old chief operating officer is to retire on Sept 30th and will step down from his duties on June 30th at his own request, the Fr(...)

European Central Bank president Mario Draghi is taking aim at the euro. In his strongest words yet on the currency’s advance to its highest lev(...)

Christian Noyer, governor of the Bank of France: “The [European] Commission’s draft is a non-starter and needs to be entirely revised.” Photograph: Andrew Harrer/Bloomberg

Europe’s planned financial transaction tax poses “an enormous risk” to the countries involved and could threaten financial stability, the governor o(...)