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European Banks

25 European Banks Fail Stress Test

Reuters | By Laura Noonan and Eva Taylor | Posted 10.27.2014 | Business

FRANKFURT, Oct 26 (Reuters) - Twenty five of the euro zone's 130 biggest banks have failed a landmark health check and ended last year with a collecti...

Good News For European Banks

Reuters | Posted 04.20.2013 | Business

* German banks' use of ECB funds drops to 49.5 bln end-Jan * Banks from euro zone core pay back 3-yr loans early * Itali...

The Euro Will Not Collapse, Neither Will Greece Exit the Euro

Georges Ugeux | Posted 02.12.2013 | Business
Georges Ugeux

The road-map is there. The road remains arduous, full of ambushes and challenging. During that journey, the Euro will remain as the anchor of European economic integration and Greece will be part of the trip.

Europe Takes Huge Step

The Huffington Post | Mark Gongloff | Posted 12.13.2012 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Look What Market Is Getting Manipulated Now

The Huffington Post | Mark Gongloff | Posted 12.10.2012 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Giant Bank Hid Billions In Losses: Report

The Huffington Post | Mark Gongloff | Posted 12.06.2012 | Business

During the financial crisis, German banking behemoth Deutsche Bank seemed like one of the few banks in the U.S. and Europe strong enough to weather th...

Banks Make Miraculous Recovery

The Huffington Post | Mark Gongloff | Posted 12.05.2012 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Overburdening the European Central Bank Is Playing With Fire

Georges Ugeux | Posted 11.13.2012 | Business
Georges Ugeux

his is playing with fire: in the global chess game between investors and borrowing governments, concentrating all actions and financial resources in the hands of the central bank is a mistake.

Deutsche Bank's Internal Libor Investigation Finds Deutsche Bank Mostly Innocent

Mark Gongloff | Posted 09.23.2012 | Business
Mark Gongloff

Great news, you guys. We can go ahead and scratch at least one bank off the list of egregious interest-rate manipulators. That's because this bank has...

Central Bank Fireworks

Michael Pento | Posted 09.04.2012 | Business
Michael Pento

It is clear that governments need to allow the deflationary deleveraging process to finally run its course, rather than continue to artificially prop up the economy by expanding public debt and having the central bank buy it all up.

European Banks May Become More Vulnerable, Reliant On Taxpayer Money

Reuters | Posted 07.27.2012 | Business

* 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 07.27.2012 | Business

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 | Business
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 | Business

* 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 | Business
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 | Business

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

European Banks Take Shelter

The Huffington Post | Bonnie Kavoussi | Posted 12.30.2011 | Business

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 | Marcus Baram | Posted 12.22.2011 | Business

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 | Catherine New | Posted 12.15.2011 | Business

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 | Business

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

Jobs Report Feel Good

Michael Farr | Posted 02.01.2012 | Business
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 | World
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 | Business

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

Dutch Bank To Slash Thousands Of Jobs

Posted 01.03.2012 | Business

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 head...

Ex-Fed Chairman: Government Should Stop Financing Mortgages

Posted 12.24.2011 | Business

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