European Banks

European Banks May Become More Vulnerable, Reliant On Taxpayer Money

Reuters | Posted 05.29.2012

* New regulation may repel staple investors * Bond buyers say rules will push up debt costs for banks By Sinead Cruise ...

'It's Better To Be Safe Than Sorry'

Reuters | Posted 05.29.2012

By Chris Vellacott and George Georgiopoulos LONDON/ATHENS, May 28 (Reuters) - After Greece's inconclusive elections on May 6 led to po...

Greece Out of Default Emergency Room, But Far From Being Cured

Georges Ugeux | Posted 05.09.2012

Georges Ugeux

Do Greek authorities understand that, unless they play by the rules and restore their fiscal discipline, there will soon be another default... and no bailout? Nothing is less sure. This is not a few bad years; it is a different way to manage a country.

Big Bank Chief: Europe 'In The Worst Economic Crisis Since 1929'

Reuters | Posted 04.24.2012

* Credit Agricole makes record quarterly loss of 3.07 bln euros * RBS makes Q4 loss of nearly 2 bln pounds * Dexia says...

Is the European Central Bank Playing With Fire?

Georges Ugeux | Posted 04.13.2012

Georges Ugeux

Never in the history has so much money been poured in the direction of banks, most of which don't need it. It is becoming clear that European banks will use it, not to boost the economy, but to manage their balance sheet.

In Role Reversal Huge Companies Lending To Ailing Europe Banks

Reuters | Posted 03.10.2012

By Douwe Miedema LONDON, Jan 9 (Reuters) - Blue-chip names like Johnson & Johnson, Pfizer and Peugeot are among firms bailing out...

European Banks Take Shelter

The Huffington Post | Bonnie Kavoussi | Posted 12.30.2011

Despite their job description, European banks are shying away from lending, and it may be hurting the European economy. European banks parked a nea...

Marcus Baram

MF Global's Risky Practice Could Lead To Next Crisis

HuffingtonPost.com | Marcus Baram | Posted 12.22.2011

The swift implosion of MF Global highlights a common practice used by aggressive speculators, one that experts say makes the broader financial system ...

Catherine New

Banks Face Crisis Of Confidence, As Europe Falls Further

HuffingtonPost.com | Catherine New | Posted 12.15.2011

The crisis in Europe showed no sign of letting up on Wednesday, and analysts and observers warned of the potential for a sharp financial downturn over...

Troubled European Bank Gets New Lifeline

Posted 12.05.2011

Crisis-hit Franco-Belgian bank Dexia (DEXI.BR) has secured temporary financing guarantees from Belgium, France and Luxembourg to keep it running w...

Jobs Report Feel Good

Michael Farr | Posted 02.01.2012

Michael Farr

We expect a muddle-through economy for a few years in the US as the consumer and governments deleverage. As world events evolve, it is important not to become overly ebullient or fearful.

Zorba - Less Dancing, More Work

Eric Margolis | Posted 01.08.2012

Eric Margolis

Why should 330 million Europeans face a financial and likely political meltdown for the sake of 11 million profligate Greeks? They should not.

Fed: Half Of Top U.S. Banks Made Loans To Europe Banks, Heightening Risk

Posted 01.07.2012

WASHINGTON (Reuters) - Around half of top U.S. banks surveyed by the Federal Reserve reported making loans or extending credit to European banks, ...

Dutch Bank To Slash Thousands Of Jobs

Posted 01.03.2012

Dutch financial services group ING is to cut 2,700 staff and contract jobs, it said on Thursday in announcing third-quarter results, slashing the ...

Ex-Fed Chairman: Government Should Stop Financing Mortgages

Posted 12.24.2011

Former Federal Reserve Chairman Paul Volcker is advocating for regulatory control over the money-market mutual fund industry and believes the gove...

European Banks Will Need Capital In Excess Of $133 Billion: Ireland

Posted 12.08.2011

DUBLIN (Carmel Crimmins and Lorraine Turner) - There is general agreement that European banks will need fresh capital well in excess of 100 billio...

Investors Fear That Major European Bank Could Fail

The New York Times | Posted 11.07.2011

Remember the collapse of Lehman Brothers? Europeans certainly do. As Europe struggles to contain its government debt crisis, the greatest fear is t...

Europe: Lacking a Long-Term Solution

Gemma Godfrey | Posted 10.14.2011

Gemma Godfrey

Over the last few days we have seen a tremendous amount of volatility in the markets, epitomizing the lack of clarity with which many investors have struggled.

European Central Bank Provides Credit To Steady Banking System

AP | Posted 10.10.2011

FRANKFURT, Germany -- The European Central Bank has carried through on its promise to loan unlimited cash to steady a banking system still shaken up b...

Bank Will Shed 30,000 Jobs

Posted 10.01.2011

LONDON (Steve Slater and Sudip Kar-Gupta) - HSBC will shed 30,000 jobs as it retreats from countries where it is struggling to compete, Europe's b...

EU Gets Tough On Banks

AP | By GABRIELE STEINHAUSER | Posted 09.19.2011

BRUSSELS -- The European Union proposed new, tougher rules for banks that will force them to raise some euro460 billion ($650 billion) in capital by 2...

European Banks Must Bolster Capital Cushions: ECB Official

Posted 09.15.2011

(Reuters) - Banks that barely passed the European financial stress tests must swiftly reinforce their capital, ECB Governing Council member Erkki ...

Several Euro Banks Expected To Fail Stress Test

Posted 09.14.2011

LONDON (Steve Slater and Huw Jones) - A health check of European banks is expected to show that as many as 15 lenders need more capital to withsta...

Europe Will Support Banks That Cannot Quickly Raise Enough Capital

Posted 09.07.2011

BRUSSELS (John O'Donnell) - European countries will support banks that fail stress tests if those lenders cannot raise capital from investors with...

One In Six European Banks Are Set To Fail Stress Tests

Posted 08.28.2011

FRANKFURT/BRUSSELS (Marc Jones and John O'Donnell) - Up to one in six European banks is set to fail an EU-wide financial health check, according t...