Euro Zone Banks In Need For A Robust Shield
As the euro zone ponders a possible Greek exit, policymakers have not yet built a shield robust enough to prevent a…
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European banks
Spain’s Bankia May Be Recapitalized By Govt. Bonds
Spain may recapitalize Bankia (BKIA.MC) with Spanish government bonds in return for shares in the bank which last…
Spain’s Bankia Says It Will Be On Solid Ground After Bailout
The president of troubled Bankia tried yesterday to calm fears about the future of the bank, saying Spain's second…
Greek Exit From Euro Will Cause Contagion: Investors
Europe’s banks, sitting on $1.19 trillion of debt to Spain, Portugal, Italy and Ireland, are facing a wave of…
UniCredit, Intesa Sold LSE Stakes To Boost Capital
Italian banks UniCredit and Intesa Sanpaolo said on Wednesday they had sold their combined 11.5 percent stake in…
U.K. Inflation Slows On Need For More Stimulus
U.K. inflation slowed more than economists forecast in April, cooling to a level that relieves Bank of England…
Fitch: Spanish Banks’ NPLs Surge
The reclassification of Spanish bank loans as non-performing following state intervention is the primary driver…
Barclays To Sell $6.1 Billion Stake In BlackRock On Basel III
Barclays Plc (BARC), the U.K.’s second- largest bank by assets, will sell its entire $6.1 billion stake in…
Italy’s Monti Suggests Bank Guarantee Plan
Italian Prime Minister Mario Monti took a plan to create a European system to guarantee bank deposits to the G8…
Europe Shall Bailout Spain’s Banks: Hollande
French President Francois Hollande said on Friday Spain's banks should be recapitalized by Europe's bailout funds…
