Banks Barclays’ CEO Steps Down, Chairman Returns Administrator Jul 3, 2012 0 Barclays PLC Chief Executive Bob Diamond resigned Tuesday in a surprise move that saw Marcus Agius return as…
Banks Barclays chairman Quits Over Loan Rates Scandal Administrator Jul 2, 2012 0 Barclays on Monday announced the resignation of its chairman, Marcus Agius, in the widening scandal surrounding…
Banks NBG Negotiates With Credit Agricole Over Greek Unit Administrator Jul 2, 2012 0 National Bank (NBGr.AT), Greece's biggest lender, said on Monday it was in talks with France's Credit Agricole…
Banks Three Greek Banks Eye Acquiring Crédit Agricole’s Greek Unit Administrator Jun 30, 2012 0 Greece’s three biggest lenders – National Bank of Greece, Alpha Bank and Eurobank EFG have shown interest in buying…
Banks EU Approves Aid For Spain, Italy Administrator Jun 30, 2012 0 Under pressure to prevent a catastrophic breakup of their single currency, euro zone leaders agreed on Friday to…
Banks Angel Merkel Still Resists Euro-Area Debt Sharing Administrator Jun 26, 2012 0 Chancellor Angela Merkel hardened her resistance to euro-area debt sharing to resolve the region’s financial…
Banks Moody’s Cuts Credit Ratings Of 28 Spanish Banks Administrator Jun 26, 2012 0 Banco Santander SA (SAN) and Banco Bilbao Vizcaya Argentaria SA (BBVA), Spain’s largest lenders, were downgraded by…
Banks Spain Officially Requests European Aid Administrator Jun 25, 2012 0 Spain formally requested on Monday European aid of up to 100 billion euros for its banks, the Economy Ministry said…
Banks Italy’s MPS To Sell Biverbanca Stake For €200 Mln Administrator Jun 23, 2012 0 Italy's third-biggest lender, Banca Monte dei Paschi di Siena, has reached a deal to sell its 60 percent stake in a…
Banks Bundesbank Opposes ECB’s Bailout Plan Administrator Jun 23, 2012 0 The Bundesbank (German central bank) opposition to the European Central Bank’s plan to help ailing financial…