An additional real-time security measure that comes into force on Thursday across the Eurozone puts the onus on users to ensure bank details of financial transfer recipients is accurate.
Italy's competition watchdog said on Thursday it had opened an investigation into British online bank Revolut over "misleading" messages to customers about its investment services.
As some UK banks warn they are closing down accounts for British customers living in the EU, we look at which types of accounts are affected, and what this means for pensions and rental property income.
Some of Britain's biggest banks have begun contacting customers in European Union countries, warning them that their accounts will be closed down within weeks because the cost and complexity of operating without a continuation of pan-European banking rules is too much.
Opening a bank account in Italy is something most foreign residents will have to do. But do you really know what the best option is or do you just walk in to your nearest high street bank? Share your tips with fellow readers.
Italian bank UniCredit said on Thursday that it returned to the black in 2017 as an ambitious reorganisation it embarked upon 18 months ago starts to pay off.
Two former senior managers of the Vatican's bank must pay the institution compensation for losses under their stewardship, a civil court in the Holy See ruled on Tuesday.
The deputy director of the Vatican bank has been sacked, throwing yet another question mark over Pope Francis's reform efforts for the Holy See's finances.
German Finance Minister Wolfgang Schaeuble on Monday warned that eurozone banking rules required reform, amid criticism that recent rescues of Italian banks failed to heed the lessons of the financial crisis.
Italy's troubled bank Monte dei Paschi di Siena (BMPS) said on Wednesday that it would close nearly a third of its branches and axe around a fifth of its workforce just a day after the EU approved a 5.4-billion-euro ($6.1 billion) bailout.
The EU competition commission has approved a 5.4 billion euro bailout of Italy's troubled Monte dei Paschi di Siena (BMPS), the world's oldest bank, as part of a major overhaul.
The EU anti-trust authority approved Italy's massive rescue of the country's troubled third-largest bank, Monte dei Paschi di Siena (BMPS), a statement said on Thursday.
The ratings agency Fitch on Friday downgraded Italy's long-term debt rating a notch to BBB, one level above the "speculative" grade, citing the country's persistent debt and fiscal problems.
Italian banking giant UniCredit said on Thursday that investors had exercised rights to buy 99.8 percent of the new shares being sold as part of its 13 billion euro ($13.8 billion) capital increase.
