Draghi turns back the tide – for now

Draghi turns back the tide – for now

ECB may have to mull options, like larger-scale asset purchases, its president had hoped would stay locked away in Frankfurt filing cabinets

Sales chip away at bad loans in Europe

Sales chip away at bad loans in Europe

European banks sold loans with a face value of about €27bn in the first six months of 2012 – and look set to smash last year's record €36bn, PwC estimates

Piraeus to buy ATEbank's healthy assets

Piraeus to buy ATEbank's healthy assets

Takeover will mark the sector's first consolidation ahead of a planned €50bn recapitalisation of Greece's biggest banks under the terms of its second bailout

Norway's force in the oil world

Norway's force in the oil world

Helge Lund, the head of the Norwegian oil group Statoil, hides a fierce ambition behind his reserved exterior, writes Guy Chazan
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