Europe

BOE Drops Signal of Further Stimulus

The Bank of England played down the chances of a further cut in interest rates Thursday, saying it expects the U.K.'s decision leave the European Union to weigh less heavily on the economy.

BOE Drops Signal of Further Stimulus

The Bank of England played down the chances of a further cut in interest rates Thursday, saying it expects the U.K.'s decision leave the European Union to weigh less heavily on the economy.

Monte Paschi Gambles on Turnaround by Year-End

Italian lender Monte dei Paschi di Siena plans to lay off a tenth of its staff, shut branches and sell assets to win investor backing for a 5 billion euros ($5.4 billion) cash call that could shape the fortunes of the wider banking sector.

Monte Paschi Gambles on Turnaround by Year-End

Italian lender Monte dei Paschi di Siena plans to lay off a tenth of its staff, shut branches and sell assets to win investor backing for a 5 billion euros ($5.4 billion) cash call that could shape the fortunes of the wider banking sector.

European Central Bank Leaves Key Rate Unchanged

The European Central Bank kept interest rates and policy guidance unchanged on Thursday but may lay the groundwork for more easing to come in December as it tries to sustain a long-awaited rebound in consumer prices.

European Central Bank Leaves Key Rate Unchanged

The European Central Bank kept interest rates and policy guidance unchanged on Thursday but may lay the groundwork for more easing to come in December as it tries to sustain a long-awaited rebound in consumer prices.