UBI Banca

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Federal Reserve chairwoman  Janet Yellen holds a news conference following the two-day Federal Open Market Committee meeting in Washington. Photograph: Reuters

European shares hit a one-week high on Wednesday before the outcome of a Fed meeting, with banks rallying after a policy overhaul at the Bank of Japa(...)

Italy’s Monte dei Paschi was the biggest loser in Friday’s stress tests, but it bounced as much as 10 per cent Monday morning after it was the subject to a last-minute rescue deal that means it will avoid a part-nationalisation. (Photograph: MATTIA SEDDA/EPA)

Irish bank stocks opened down on Monday morning, as investors responded to stress tests from the European Banking Authority which placed AIB and Bank(...)

The headquarters of the European Central Bank (right), beside the headquarters of Commerzbank (left), in Frankfurt, Germany. Photo: Bloomberg

European stocks advanced for a third day after European Central Bank president Mario Draghi said he expects interest rates to stay low for an extended(...)

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