HSBC first-quarter profit almost doubles on gains from asset sale as part of a restructuring and 38,000 job cuts.
Societe Generale profit halves, while Credit Agricole reports 51% profit decline.
China's currency regulator is planning to send out warning notices to firms whose goods and capital flows do not match.
Services PMI declines to 44.4 from 45.3 in March due to the economic crisis.
The economy is expected to grow at 8%, following a 7.7% growth in the first quarter.
The cooling of China's services sector raises concerns about the pace of economic recovery.
RBS says in its first quarter results that it will increase the provision pot to £750m in total
The weak growth in the manufacturing and services sectors hints at China's fragile economic recovery.
Analysts expect a 25 basis point cut in the benchmark interest rate at the ECB meeting.
Markets worry that country's economic growth will be slower for second consecutive quarter.
Asia has shed previous week's gains after weak data from the US and China brought back global growth concerns.
Bank of England deputy governor Paul Tucker suggests UK economy is better than headline figures suggest.
Influential lobby group founder and chairman tells IBTimes UK about the fight for compensation.
Interesting Office for National Statistics chart shows number of export businesses is larger than import ones.
Whitbread, which owns Costa Coffee and Premier Inn, plans jobs boost over five years on back of profits rise.
UAE's human rights record questioned amid torture allegations and free expression crackdown but, asks Shane Croucher, is it business as usual?
Most Asian markets end week's trading on a higher note with corporate earnings reports bolstering investor confidence.
EXCLUSIVE: One of Britain's biggest banks delivers positive first set of redress offers for SMEs.
HSBC cuts jobs from UK wealth management business which will impact 3,166 existing staff.
Investors await eurozone manufacturing activity data which is expected to decline in April.
China's April manufacturing PMI indicates disappointing growth in the first quarter.
China's lacklustre April manufacturing data follows a weaker-than-expected first-quarter GDP data.