A Primer For European Bank Runs
* Northern Rock "run" was due to bank risk * Threat now is country risk * Currency risk another concern for bank deposit...
* Northern Rock "run" was due to bank risk * Threat now is country risk * Currency risk another concern for bank deposit...
Robert Teitelman | Posted 05.26.2012
Is the SEC looking into traditional malfeasance -- the usual seamy kickbacks or bribes -- or the more esoteric: faster portals into exchange servers for certain select customers? This range of "advantages" may be built into the very concept of HFT. Will the SEC put HFT itself on trial?
Posted 11.30.2011
Banks' contribution to the economy may be hugely overstated, underscoring anger about the scale of taxpayer rescues and resultant government cutba...
AP | DAVID McHUGH and PAUL WISEMAN | Posted 01.30.2012
FRANKFURT, Germany — The central banks of the wealthiest countries, trying to prevent a debt crisis in Europe from exploding into a global panic...
Gemma Godfrey | Posted 12.19.2011
As the outlook for growth continues to deteriorate, whilst the price for goods and services remain stubbornly high, the risk of stagflation returns. This would be a tough scenario, where policy options tackling one of these issues would only worsen the other.
AP | By ROBERT BARR | Posted 12.07.2011
LONDON -- A dozen British banks saw their credit ratings downgraded Friday over doubts over the strength of the government's support, in another sign ...
Posted 11.08.2011
(Leigh Thomas) - The outlook for economic growth in developed countries has got much worse in the last three months, the OECD said on Thursday and...
Bloomberg | Simon Johnson | Posted 07.16.2011
On the face of it, Glencore International AG doesn't look too scary. With about $80 billion in assets, the Swiss-based commodities trader is a lightwe...
Gemma Godfrey | Posted 07.13.2011
The classic safe-haven investment has seen a strong uptrend in value since the autumn of 2008. Various factors have been credited as drivers of this move, but what is the risk gold could lose its luster?
AP | Posted 06.07.2011
FRANKFURT, Germany -- European Central Bank President Jean-Claude Trichet is saying Europe faces continuing inflation risks despite the economic diffi...
Reuters | Paul Carrel, Mark Felsenthal, Pedro da Costa, David Milliken and Alan Wheatley | Posted 05.25.2011
By Paul Carrel, Mark Felsenthal, Pedro da Costa, David Milliken and Alan Wheatley FRANKFURT/WASHINGTON - On a warm, Lisbon day last May, Jean-Clau...
Laurence J. Kotlikoff | Posted 05.25.2011
We have the worst possible banking system because it is built on two pillars of straw -- proprietary information and leverage.
HuffingtonPost.com | William Alden | Posted 05.25.2011
Mervyn King, governor of the Bank of England, criticized the recent Basel III requirements, which increase the minimum amount of capital that banks mu...
Ann Pettifor | Posted 05.25.2011
How many Americans understand how broken and defective the banking system as a whole has become? For the crazy facts are these: bankers now borrow from their customers and from taxpayers.
Vivian Norris | Posted 05.25.2011
Will the emerging market economies be able to sustain optimism or will yet another wave of crisis hit those markets as well? One hopes they do not follow in our Western footsteps.
Max Keiser | Posted 05.25.2011
To reduce debt, France has announced the sale of State assets. Paradoxically, these sales will achieve the opposite effect and increase the overall indebtedness of France.
DK Matai | Posted 05.25.2011
Editor's Note: This post has been removed from the Huffington Post....
DK Matai | Posted 05.25.2011
Editor's Note: This post has been removed from the Huffington Post....
nytimes.com | JACK EWING | Posted 05.25.2011
The sovereign debt crisis would seem to create worry enough for European banks, but there is another gathering threat that has not garnered as much no...
AP | ELENA BECATOROS | Posted 05.25.2011
ATHENS, Greece — Greece's borrowing costs shot up Tuesday following a report, later denied, that Athens was seeking to revise a deal hammered ou...
AP | JOE McDONALD | Posted 05.25.2011
BEIJING — Asian stocks tumbled Friday as ballooning European debt and a rise in U.S. unemployment claims added to fears the global recovery coul...
AP | RAPHAEL G. SATTER, Associated Press Writer | Posted 05.25.2011
This article includes content from HuffPost and Demotix photojournalists. Photographs by Ted Allen, Claire Barthelemy, Amelia Gergory, Sean Hicks, Jo...
Sky News | Posted 05.25.2011
The man was found dead after collapsing at a protest camp near the Bank of England. Police said bottles were thrown at them while they carried him aw...
guardian.co.uk | Sam Jones and Paul Lewis | Posted 05.25.2011
Skirmishes have broken out between police and protesters outside the Bank of England as the G20 demonstrations in London get into full swing....
The Independent | Posted 05.25.2011
The Bank of England sent interest rates tumbling further to a new historic low of 1% today. Rate-setters cut borrowing costs from 1.5% - the lowest...
Reuters | Posted 05.28.2012