The European Central Bank (ECB) has infuriated bankers because of its policy of negative interest rates. It now looks like some euro zone governments are unhappy too. Christine Lagarde, the ECB president, would be wise to keep calm and carry on. Her bank is meant to be independent of political interference and its only objective must be to fulfill its ...

Jean Pierre Mustier’s new four-year plan for Italy’s UniCredit SpA marks a victorious milestone for the chief executive officer. He’s managed to turn a sprawling European bank laden with bad loans into a simpler entity that promises to improve its returns to shareholders. It leaves him well-placed to plot his biggest move yet (should he so choose): cross-border M&A. The ...

As part of Europe’s promise to become the first “climate-neutral” continent by 2050, the region is emerging as a leader in creating standards for green investments. But the push to get its banks to back sustainable assets needs careful scrutiny. At the core of the European Union’s project is the creation of a single set of definitions to determine what ...