Banca Monte dei Paschi di Siena SpA, which yesterday received a $5.3bn government bailout, sued Deutsche Bank and Nomura over two derivatives that soured.
Europe's biggest bank HSBC reported a full-year pre-tax profit of $20.65 billion, much lower than a forecast of $22.7 billion, according to a Reuters poll of analysts.
New Zealand is a country that lives on the edge of seismic disaster.
Mercedes dominated the last day of Formula One testing but most experts left the Circuit de Catalunya with the old suspicion that Red Bull would again be the team to beat when the season begins in Melbourne in two weeks.
Italians fatigued by politics may have switched on the television on Sunday night for a spot of escapism.
It was Harry Redknapp's birthday, Queens Park Rangers had just snatched an improbable victory and he had got one over on his old club; but he was still unhappy.
Kohlberg Kravis Roberts & Co. L.P. has announced the appointment of Hiro Shimizu and Sakae Suzuki as Directors for KKR Japan.