A number of lenders in a sector that prides itself on establishing personal relationships with customers has begun ‘managing out' clients

Behind the headline figures from companies such as Richemont and LVMH, the picture is less rosy. Consumer demand in China is not what it was

Only three property transactions were registered in the country during the second quarter, down from 58 deals in the previous quarter

The Swedish private equity group has paid €220m in a bid to become a broader enterprise IT software business to challenge leading global companies

Number of carmakers' shares on loan has risen, as traders bet that slowing growth will hurt even the continent's profitable producers

Few Swedish companies have complained about the strength of their currency, because many have benefited from pushing production abroad

Governments have invested about $1.7tn in financial institutions in the past four years, compared with $1.8tn in global privatisation assets since 1981

Biggest winners of single currency's decline are multinationals with a large cost base in Europe but a high proportion of sales outside eurozone

Analysts say exit will make it harder for Dutch telecom operator to sell Belgian mobile unit at price deemed acceptable by shareholders

Swiss bank to pay up to $840m for wealth management arm operations outside US in deal that will involve a rights issue and abandonment of a share buyback

Irish biotech business plans to quote experimental medicines arm by end of the year could make it more attractive to potential buyers

German utility warns it will look at closing plants as profits from power generation suffer, but earnings are boosted by cheaper Gazprom gas deal