Search Results for 'European'

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

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

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

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

European shares little changed; bank stress test eyed

European share prices were little changed in thin trading on Monday as U.S. markets remained closed for the Independence Day holiday, although lingering uncertainty over the results of stress tests conducted on European banks hurt financ [...]

Posted On : Jul, 05 2010 | Comments : 0

European Stocks to Slump on Banking Sector Concerns

European stock markets fell sharply Tuesday and the euro continued to lose ground, hit by concerns about the banking industry following the weekend rescue of Spanish regional savings bank CajaSur and worries about the growing tensions be [...]

Posted On : May, 25 2010 | Comments : 0

ING To Be A Predominantly European Bank After Restructuring

AUSTRALIA'S biggest home lender has been rankled by ANZ chief Mike Smith's pledge to keep rate increases on variable mortgages in line with Reserve Bank movements. The Commonwealth Bank, which accounts for 31 per cent of all home loans in A [...]