European banks' profits up in 2014 - Although European banks have not returned to their pre-crisis profit rates, their own capital yield rates stood at an average of 8% in 2014 and operational results have subsequently improved, according to a report in Les Echos newspaper. In Italy, UniCredit has begun making profits again with a net result of €2 billion last year, compared with net losses of €13.9 billion in 2013. Its fellow Italian bank, Intesa Sanpaolo, achieved a net result of...