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By Stephen Kirkland, Sarah Pringle and Lu Wang, Bloomberg |
March 19, 2013
Most U.S. stocks fell for a third day, the longest slump of the year for the Standard & Poor’s 500 Index, as Cyprus rejected a bank-deposit levy needed to secure European bailout funds.
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By Shobhana Chandra, Bloomberg |
March 4, 2013
Americans are finding it easier to borrow from banks, supporting consumer spending and business investment and helping fuel employment just as U.S. government budget cuts start to take hold.
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By Craig Trudell, Bloomberg |
February 28, 2013
New car buyers, shunned by lenders just four years ago, now are benefiting from historically low interest rates and more-available credit, pacing a U.S. auto market that is hovering near pre-recession levels.
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By Elisa Martinuzzi and Sonia Sirletti |
February 5, 2013
Banca Monte dei Paschi di Siena SpA, engulfed by criminal probes of former management, may disclose as early as Wednesday the size of losses the bank hid in 2008 and 2009 using derivatives.
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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
February 4, 2013
Stocks tumbled the most this year and the euro slid while Spanish bond yields surged amid renewed concern about Europe’s debt crisis. U.S. Treasuries rose, while oil fell after the longest stretch of weekly gains since 2004.
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By Maud van Gaal, Bloomberg |
December 17, 2012
ABN Amro Group NV, the Dutch bank nationalized in 2008, is eliminating 40 jobs after closing its Delta One Arbitrage equity-derivatives division to reduce risk.
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By Charles Penty, Bloomberg |
October 18, 2012
Spain’s banks face more loan losses as the pace of an economic slump risks turning a worst-case scenario dismissed in stress tests into reality.
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By Lisa Abramowicz, Bloomberg |
October 3, 2012
Pacific Investment Management Co. and BlackRock Inc. are among U.S. investors buying up bank bonds in Europe’s most indebted nations as central-bank chief Mario Draghi wins back the confidence of the world’s biggest money managers.
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By Charles Penty and Emma Ross-Thomas, Bloomberg |
September 28, 2012
Spain’s banks have a capital deficit of 59.3 billion euros ($76.3 billion), less than previously estimated, according to a test designed to lift doubts about a financial industry hit by real estate losses
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By Anne-Sylvaine Chassany, Bloomberg |
September 20, 2012
European banks pledged last year to cut more than $1.2 trillion of assets to help them weather the sovereign-debt crisis. Since then they’ve grown only fatter.
