Patricia Kowsmann

↘️ Netflix (NFLX): The streaming company added 1.75 million subscribers in the first quarter, a far slower pace of growth than it was accustomed to before

Bitcoin and other cryptocurrencies declined in European trading. Bitcoin fell below $30,000, trading down 3.6% from late Tuesday at $29,290, according to CoinDesk. Ether was down over 5% at about $1,978. It is unclear what prompted the falls

The financial world may be in a rough patch, but one bank stock has more than doubled over the past year: Italy’s UniCredit.

Bank shares in Europe are falling as earnings season kicks off on there, with results from national banking champions UBS (UBSG) and Santander (SAN) showing some weakness. UBS [gained new cu

UniCredit poted its highest profit in over a decade with shares up 42% so far this year despite the March turmoil, compared with a 9% rise in the Stoxx Europe 600 Banks Index

Deutsche Bank said its business held up well during March’s banking turmoil, with first-quarter profit rising 8% as it continued to benefit from rising interest rates.

Deutsche Bank said it agreed to buy U.K. brokerage and advisory firm Numis for roughly $500 million, the German lender’s first acquisition of size in years. Numis, a midsized financial firm based in London, serves companies with advice on corporate f

S&P Global Ratings downgraded Stockholm-based SBB on Monday to junk status, increasing the challenges of one of Europe’s most indebted developers. Shares of SBB fell more than 15% Mond

Germany’s Commerzbank closed the earnings season for major European banks Tuesday with a reminder for investors: gains from higher interest rates [may be peaking](https://www.wsj/livecoverage/stock-market-today-dow-jones-04-25-2023/card/european-bank-stocks-fall-after-santander-ubs-earnings-p50N

The recent bank failures had more to do with poor risk management and governance that supervisors should have addressed than rising interest rates, according to the leader of a major global central-bank organization. “The main cause of [recent bank crises](https://www.wsj/articles/signature-ban