ECB to apply Danish compromise on insurers case by case, says Buch

The ECB will evaluate banks' insurance holdings regulation on a case-by-case basis, facilitating mergers and acquisitions in the sector through the favorable Danish compromise.

French bonds, stocks take a breather after government collapse but uncertainty remains

French bonds' risk premium fell after Barnier's ousting, raising bank stocks. With upcoming political uncertainty, Macron seeks a new prime minister to tackle budget issues amid market reactions.

European stocks rise as investors shrug off French political instability concerns

European stocks remain stable despite political turmoil in France, as investors expect new leadership while major companies experience mixed performance in the market.

France's CAC 40 finishes choppy session unchanged as investors brace for government collapse

French markets wracked by budget fears; Barnier warns of 'big storm'

France's CAC 40 drops 1% on budget angst, European auto stocks struggle

Musk's political ascendancy stirs hopes of redemption for X banks

Elon Musk's ties to Trump raise hope among banks to offload $13 billion debt from X following his acquisition, amid fluctuating user engagement and changing business dynamics.

BNP lays off a dozen China dealmakers amid fee plunge

BNP Paribas has laid off a dozen employees in China and Hong Kong amid a decline in revenue potential due to economic slowdowns and regulatory challenges in the market.

BNP Paribas meets profit forecast thanks to investment bank

BNP Paribas reported mixed Q3 results, with investment banking profits offsetting consumer finance declines, achieving net income of 2.87 billion euros, but facing challenges in retail markets.

Clouds gather over 'Mag 7' earnings

Kevin Buckland analyzes mega-tech earnings, European bank reports, and economic indicators impacting markets, alongside the upcoming U.S. election and Shohei Ohtani's sports victory.