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…
Banks 4 European Countries Agree On €130 Bln Package To Boost Growth Administrator Jun 23, 2012 0 German Chancellor Angela Merkel resisted pressure for common euro zone bonds or a more flexible use of Europe's…
Banks Deposits Return To Greek Banks After Elections Administrator Jun 19, 2012 0 Deposits are trickling back to Greek banks after a conservative victory in Sunday's election assuaged fears the…
Banks S&P Warns Italy’s MPS Bank From A Rating Cut Administrator Jun 19, 2012 0 Italy's third-largest bank, Monte dei Paschi di Siena, must quickly plug a capital shortfall to fend off the threat…
Banks Spain Pays “Unreasonable” Interest Rates: PM Mariano Rajoy Administrator Jun 16, 2012 0 Prime Minister Mariano Rajoy today said Spain is paying “unreasonable” interest rates because of the country’s high…
Banks Moody’s Lowers Rating On Banks In Four European Countries Administrator Jun 16, 2012 0 The international ratings agency Moody’s cut its debt ratings for banks in France, Belgium, Luxembourg and the…