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Brussels judge opens inquiry into UBS

The Belgian investigation follows probes into UBS’s cross-border business for wealthy clients by various other European countries European Companies News…

Espírito Santo finds parent irregularities

Financial group reports a range of problems in accounts of international holding company including omissions and ‘overvaluations of assets’ European Companies News…

Italy to seek Roche and Novartis damages

Swiss drug companies accused of seeking to block competition to best-selling eye drug Lucentis from Avastin, a cheaper Roche drug European Companies News…

Mediobanca hires ex-Barclays executive

Lender seeks to reposition itself as pan-European boutique and comes as banks ramp up deal activity ahead of stress tests and asset quality review European Companies News…

Kingfisher: drill down

First quarter numbers from the DIY retailer were disappointing, but return on equity is ticking up as long as the weather plays ball European Companies News…

John Mack steps down from Rosneft

The former chief executive of Morgan Stanley is leaving the board of Russia’s state-controlled oil group “for personal reasons” after one year European Companies News…

New accounting rule a boost for investors

Revenue standard published by US and European regulators aims to make it easier to compare companies’ sales around the world European Companies News…

Berlusconi’s empire faces a tricky future

For political and industrial reasons, the best years of the former Italian PM’s empire, which includes Fininvest, Mediaset and AC Milan, seem behind it European Companies News…

Weir eyes deals as Metso bid rejected

Scottish engineering group says it might look at potential purchases in the mining and power sectors after the Finnish group rejected a revised offer European Companies News…

Weir eyes deals as Metso bid rejected

Scottish engineering group says it might look at potential purchases in the mining and power sectors after the Finnish group rejected a revised offer European Companies News…