Europe

William de Broë, the private client subsidiary of Evolution Group, has acquired part of the wealth management arm of BNP Paribas.

The European Central Bank said last night it would "actively implement" its controversial bond-buying programme to fight the eurozone's debt crisis, signalling it will buy Spanish and Italian government bonds.

Major companies favoured by leading European fund managers are facing severe price pressures as the global flight to safety propelled the Swiss franc to new heights today.

In the latest Conjecture debate, our panellists from MFS and Standard & Poor's discussed European Equities.

Investment Week and our sister title Investment Europe provide ongoing updates on the turmoil in global markets as investors fret over the US and European debt crises.

Threadneedle's Philip Dicken says a bleak European outlook is is cause for caution, but not excessive negativity.

Jupiter's Guy de Blonay has called for European authorities to take further action in supporting markets or the sovereign debt crisis will spread to other eurozone economies.

The European Central Bank (ECB) has voted to hold interest rates and will boost liquidity in the eurozone in an attempt to prevent the sovereign debt crisis from spreading to Italy and Spain.

GERMANY SHOULD EXIT EURO

Goldman Sachs' Nicholette MacDonald-Brown has joined Schroders as a fund manager on the European equities team.