The EU has been finding new ways to help small businesses get the money they need to start up or grow. One of the tools it uses is COSME, the 2014-2020 programme to improve...

PayPal and Visa have struck a deal enabling the online payments service to issue debit cards in Europe.



It’s an extension of the two companies’ collaboration in the US and Asia

-Pacific.

PayPal already...

Cameron MacIntosh reports on the 50th anniversary of the bank machine

The world’s oldest bank, Monte dei Paschi di Siena, has received the European Union’s formal approval for a five-year restructuring plan and thousands of job cuts.



Italy’s fourth-largest lender will receive a 5.4...

For this week’s episode of Business Planet, Euronews touched down in Gozo, the second largest island in the Maltese archipelago.



We spoke to with...

European authorities stepped in to avert a collapse of Spain’s Banco Popular (POP.MC) following a run on the bank, orchestrating a last-minute rescue on Wednesday by Santander (SAN.MC), the...

For this week’s episode of Business Planet, Euronews touched down in Gozo, the second largest island in the Maltese archipelago.



We spoke to with...

The British government has sold its last remaining stake in Lloyds Banking Group nearly a decade after it had to be saved from collapse with billions in taxpayers’ money.



The lender is the first of...

A compensation court case against Royal Bank of Scotland which was due to start on Monday has been postponed after the lender made a last-minute settlement offer.



RBS is being sued by thousands of...

Britain’s financial sector – the City of London – is abuzz with contingency plans.



In the near future a raft of banks are expected to announce what they will do when Britain leaves the European Union,...

Malaysia’s central bank has said it is helping law enforcement agencies investigate the possible illegal flow of millions from that country to North Korea.



The United Nations is also involved due to the alleged...

President Donald Trump promised before he was elected to start a regulatory bonfire in Washington to make life easier for businesses, and now there has been a clear sign that he is serious about deregulation, which is worrying...

The European central bank, not content with the low rate of forgeries for its banknotes, is stiffening security on the 50 euro note with a redesign.



The banknote is the most popular among forgers, followed by the 20...

The European central bank’s boss Mario Draghi has moved to end speculation about monetary policy and an impending ECB interest rate cut.



Analysts have been increasingly forecasting rate cuts this year, but Draghi says...

Ukraine’s Central Bank governor has quit.



Valeria Gontareva’s resignation is a blow to reform plans for the former Soviet country’s battered corruption-plagued

economy.

...

British financial regulators have said they are investigating Barclays Chief Executive Jes Staley and the bank itself over a whistleblowing incident.



The UK-based bank revealed that...

China’s booming Pearl River Delta needs bankers it seems as HSBC intends to hire up to 1000 new staff this year to serve China, with most of them going to the future megalopolis that will group 11 industrial cities.



New...

Russia has moved to lower interest rates and boost growth as its financial pressures ease, with a fall in inflation reassuring policymakers.



The cut is only a small one, a quarter of one percent to 9.75%, but it bucked...

The Bank of England has warned British banks to prepare for a number of potential scenarios two days before Prime Minister Theresa May ignites Article 50.



The Bank of England says that lenders will have to...

Fancy titles like 'financial advisor' hide the fact that most finance professionals in Canada are licensed as salespeople with no fiduciary duty to clients

Changes at the top for Europe’s biggest bank – HSBC.



One-time professional footballer and insurance industry veteran Mark Tucker is to take over as chairman at the start of October, replacing Dougl

as...

CBC's Jacqueline Hansen has more on allegations over the bank's sales tactics

The cost of borrowing has been put up again in the United States.



The central bank, the Federal Reserve, raised interest rates for the second time in thr

ee months.

The benchmark rate was...

Deutsche Bank’s shares fell sharply down in value on Monday after it announced details of the sale of new shares it needs to make to increase its capital reserves.



Germany’s biggest lender is...