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Bankers Look To 'Recommit' To 'Safety And Soundness' At Davos

Reuters | Posted 03.27.2012 | Business

By Alexander Smith DAVOS, Jan 26 (Reuters) - Bankers feel under siege, and from the heights of Davos in the Swiss Alps they are lookin...

ECB Action Not Enough Save European Banks From S&P Downgrade Threat

Posted 12.23.2011 | Business

The half a trillion euros the European Central Bank pumped into the financial system buys hard-hit banks valuable time but will not in itself prot...

Italian Bank To Cut Thousands Of Jobs As Profits Evaporate

Posted 11.14.2011 | Business

MILAN (Silvia Aloisi and Gianluca Semeraro) - Profits at Italian bank UniCredit have all but evaporated and capital has shrunk to dangerous levels...

Europe Will Support Banks That Cannot Quickly Raise Enough Capital

Posted 09.07.2011 | Business

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