Search Results for 'Europe'

Banking wipeout leads Europe's stocks down

European shares rose on Friday but still recorded their biggest annual drop since the onset of the financial crisis as debt tensions in the euro zone strained the financial sector and threatened to derail a fragile economic recovery. T [...]

Posted On : Dec, 31 2011 | Comments : 0

Europe Strains World's Banks

The world's financial system showed new signs of strain on Wednesday as banks and investors clamored for U.S. dollars and two European banks took emergency measures to address the deepening crisis. Stresses rippled through debt and st [...]

Posted On : Dec, 16 2011 | Comments : 0

European Banks’ Subordinated Debt May Be Downgraded by Moody...

Banks in 15 European nations, including the largest lenders in France, Italy and Spain, may have their subordinated debt ratings cut by Moody’s Investors Service Inc. to reflect the potential removal of government support. All su [...]

Posted On : Nov, 29 2011 | Comments : 0

Europe’s Banks Should Keep Dumping Italian Bonds to Cut Risk...

Europe’s banks need to keep dumping Italian bonds and other assets tainted by the region’s debt woes to avoid being sucked into the epicenter of the crisis, said Christian Clausen, president of the European Banking Federation [...]

Posted On : Nov, 14 2011 | Comments : 0

European Banks Selling Sovereign Bonds May Worsen Debt Crisi...

BNP Paribas SA and Commerzbank AG are unloading sovereign bonds at a loss, leading European lenders in a government-debt flight that threatens to exacerbate the region’s crisis. BNP Paribas, France’s biggest bank, booked a [...]

Posted On : Nov, 08 2011 | Comments : 0

Europe banking giants reveal recapitalization costs

Major European banks have revealed approximate costs of their proposed recapitalization under new European requirements, introduced to secure banks if the debt crisis worsens. Leaders of EU countries who gathered for an emergency summit i [...]

Posted On : Oct, 29 2011 | Comments : 0

Europe banks told to find extra €106bn as protection against...

European bank shares leaped in the wake of the eurozone debt deal even though some of the continent's biggest banks were ordered to find an extra €106bn (£93bn)to cushion themselves against potential losses in Greece and ot [...]

Posted On : Oct, 28 2011 | Comments : 0

Summer of Banking Delusion Brings Crisis to Europe’s Core: V...

Once upon a time, like this summer, Dexia SA (DEXB), the French-Belgian bank, was stable. By the measures global regulators deem important, its capital ratio stood at 11.4 percent of risk-weighted assets, according to data compiled by Blo [...]

Posted On : Oct, 07 2011 | Comments : 0

European banking authority to discuss Dexia Weds

he European Banking Authority will discuss Franco-Belgian bank Dexia's funding problems on Wednesday in a bid to stop them spreading to other lenders, the watchdog's chairman Andrea Enria said on Tuesday. The EBA board of super [...]

Posted On : Oct, 05 2011 | Comments : 0

In European Banking Crisis, Inaction Isn't an Option

With the old Continent's sovereign-debt crisis barreling into the unknown, every investor, saver and banker should be scared, no matter where they reside. As a big hedge-fund manager told me last week: "We never, ever, thought th [...]

Posted On : Sep, 27 2011 | Comments : 0

Volatility Gauges Rise Worldwide on Concern Europe Banks Nee...

U.S. and European options gauges surged after Morgan Stanley cut its forecast for global growth, concern grew that European banks lack sufficient capital and hopes for more stimulus from the Federal Reserve receded. The VIX, as the Chi [...]

Posted On : Aug, 19 2011 | Comments : 0

Buoyant banking sector lifts European equities

EUROPEAN STOCKS advanced yesterday, rebounding from earlier losses, as banks gained after Commerz bank and Intesa Sanpaolo announced capital increases and German factory orders rose more than forecast. The Stoxx Europe 600 Index gai [...]

Posted On : Apr, 07 2011 | Comments : 0

2nd UPDATE: BNP Paribas Eyes Investment Banking Boost In Eur...

BNP Paribas SA (BNP.FR) aims to boost its investment banking operations in the Netherlands and Germany as part of a plan to expand the business in Europe, targeting 3,000 new clients by 2012, the French bank's senior managers said at [...]

Posted On : Feb, 10 2011 | Comments : 0

Bank of America Talent Exodus Cuts Europe Market Share in Ha...

Bank of America Corp., hurt by an exodus of at least 30 senior investment bankers in Europe, is falling behind rivals fighting for a shrinking pool of business. The company slipped to 11th place in European merger advice last year after [...]