-
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.
-
By Tiffany Kary and Greg Farrell, Bloomberg |
August 24, 2012
HSBC Holdings Plc, which is under investigation by U.S. regulators for laundering funds of sanctioned nations including Iran and Sudan, is in talks to settle the matter, two people with knowledge of the case said.
-
By Ambereen Choudhury, Elisa Martinuzzi and Elena Logutenkova, Bloomberg |
August 22, 2012
European crisis continues to take tolls on all segments of business, especially banking.
-
By Joseph Ciolli, Bloomberg |
July 24, 2012
The euro slid to the lowest level in more than 11 years versus the yen as speculation Europe’s sovereign-debt crisis is worsening spurred demand for safety.
-
By Abigail Moses and Esteban Duarte, Bloomberg |
July 23, 2012
The prospect of more Spanish regional governments following Valencia in asking for aid sent the cost of insuring the nation’s debt to a record.
-
By Lindsay Fortado and Joshua Gallu, Bloomberg |
July 18, 2012
Regulators are investigating the possibility traders colluded in the interest-rate manipulation case that has already cost Barclays Plc $450 million in fines.
-
By Anchalee Worrachate and Lukanyo Mnyanda, Bloomberg |
June 25, 2012
Greece may have to wait at least another five years before it can sell bonds to investors, according to financial institutions that trade debt with European governments.
-
By Dakin Campbell and Michael J. Moore, Bloomberg |
June 22, 2012
Credit Suisse Group AG’s credit rating was cut three levels and Morgan Stanley’s was reduced by two as Moody’s Investors Service downgraded 15 banks in moves that may shake up competition among Wall Street’s biggest firms.
-
By Lukanyo Mnyanda and Emma Charlton, Bloomberg |
April 16, 2012
For the first time in seven months, traders are testing the Swiss National Bank’s determination to limit the franc’s strength against the euro as Europe’s resurgent debt crisis drives up demand for safer assets.
-
By A. Gary Shilling, Bloomberg |
March 18, 2012
Banks must do more to meet new standards set by the Fed and the Basel Committee on Banking Supervision.
