Market Report - Europe
Europe midday: Deutsche Bank leads latest bank share rout
European shares slumped again on Friday as Deutsche Bank shares plunged 13%, after after a sharp jump in the cost of insuring against the risk of default or bondholders.
Europe open: Shares lower as bank stability worries persist
European shares opened lower at the start of the week’s final session as worries over the financial stability of banks still weighing on sentiment.
Europe open: Shares slip after Fed hikes rates, eyes on Continent
European shares opened lower on Thursday after the US Federal Reserve raised interest rates by an expected 25 basis points, despite the financial crisis caused by banks on both sides of the Atlantic.
Europe midday: Shares slip further as Swiss, Norway, UK rates all rise
European shares extended losses on Thursday after the US Federal Reserve quarter-point rate rise was followed by a trio of increases in the UK, Switzerland and Norway.
Europe midday: Shares rally despite rise in UK inflation
European shares rallied on Wednesday, pushing into the green despite a surprise rise in inflation, increasing the prospect of a rate increase from the Bank of England tomorrow.
Europe open: Shares fall after UK inflation rises; Eyes on Fed
European shares slipped into the red on Wednesday after food shortages in the UK led to a surprise rise in inflation, increasing the prospect of a rate increase from the Bank of England tomorrow.
Europe midday: Stocks push higher as banks recover; rate decisions eyed
European shares had pushed further into the black by midday on Tuesday, rebounding from the turmoil of recent days after the rescue of Credit Suisse, with investors now focused on how the US and UK central banks will respond with interest rate decisions this week.
Europe open: Shares rally after Credit Suisse turmoil as eyes turn to Fed, BoE
European shares rebounded from the turmoil of recent days after the rescue of Credit Suisse with investors now focused on how the US and UK central banks will respond with interest rate decisions this week.
Europe midday: Shares rebound but bank stocks still battered by Credit Suisse sale to UBS
European bank shares pared losses despite Credit Suisse stock falling by two-thirds after the troubled lender was sold to rival UBS for $3. 2bn, but the wider marker rebounded into the green following a volatile start.
Europe open: Banks slump in wake of Credit Suisse sale to UBS; Focus on bondholders
European bank shares were hammered at the open on Monday, led by a 63% collapse in Credit Suisse shares after the Swiss government engineered the sale of the troubled lender to rival UBS for $3. 2bn.
Europe midday: Credit Suisse lawsuit slams brakes on share rally
The woes of Credit Suisse slammed the brakes firmly on a rally in European shares on Friday sending markets into the red after early morning gains were driven by an industry-led bail out of San Francisco-based First Republic Bank.
Europe open: Shares rally after US banks bail out First Republic
European shares continued to rally at the open on Friday after large US banks bailed out San Francisco-based First Republic Bank on Thursday and quelled fears of a systemic run on the sector.
Europe midday: Credit Swiss loan stems rout as investors eye ECB
Early enthusiasm over a $54m bailout loan for Credit Suisse from the Swiss central bank faltered slightly by midday as investors waited for the European Central Bank's latest move on interest rates.
Europe open: Shares rally as Credit Suisse accepts $54bn bailout
Banks were back in favour on European markets at the open on Thursday as troubled Credit Suisse accepted a massive $54bn bailout from the Swiss central bank.
Europe midday: Rout in bank stocks as SNB rules out Credit Suisse rescue
European shares turned to a sea of red by midday as Credit Suisse shares plunged after its major investor ruled out any further financial support and trade in other large Continental bank shares were suspended.
Europe open: Shares lower despite US, Asia rally; Eyes on UK Budget
European shares fell at the open on Wednesday despite strong showings in the US and Asia overnight.
Europe midday: Shares extend gains as US futures rise
European shares extended gains at midday on Tuesday, despite a continued sell-off in Asia overnight in response to investor worries over the impact of the SVB collapse in the US.
Europe open: Shares shrug off SVB worries to make gains
European shares opened in positive territory on Tuesday, despite a continued sell-off in Asia overnight in response to investor worries over the impact of the SVB collapse in the US.
Europe midday: Shares extend losses as SVB fallout spooks investors
European shares continued to plunge on Monday as attempts to limit the fallout from the collapse of Silicon Valley Bank and the rescue of its UK arm by HSBC failed to reassure investors.
Europe open: Shares sliding as SVB rescue fails to reassure investors
European shares were on the slide at the open on Monday as attempts to limit the fallout from the collapse of Silicon Valley Bank and the rescue of its UK arm by HSBC, failed to reassure investors.