Europe Markets: Banks drive gains in European stock markets
Investors take their first chance to react to news that only a handful of lenders failed the European stress tests. Click here to read the full story
Read more..Goldman Names Bank Counterparties in AIG Hedge
Morgan Stanley, Citigroup and JPMorgan Chase were among banks that sold Goldman Sachs protection against the risk of a collapse of giant insurer American International Group, a source familiar with the matter said Friday. Click here to read the full story
Read more..Pay czar chose not to go after $1.6B in bank pay
By DANIEL WAGNER 2010-07-23T20:04:08Z WASHINGTON (AP) — The Obama administration’s pay czar said Friday that he did not try to recoup $1.6 billion in lavish compensation to top executives at bailed-out banks because he thought shaming the banks was punishment enough…. Click here to read [...]
Read more..17 Bailed-Out Banks Overpaid Executives: Pay Czar
The Treasury Department’s pay czar said Friday that 17 banks gave their top executives $1.6 billion in lavish payments while they were receiving billions of dollars in taxpayer-funded bailouts. Click here to read the full story
Read more..Europe to go public with bank stress test results
BERLIN -Europe faces another moment of truth in its simmering debt crisis on Friday as regulators release the results of “stress tests” on 91 banks across the continent, an exercise that some fear could fail to credibly answer markets’… Click here to read the full story
Read more..Europe to go public with bank stress test results
BERLIN -Europe faces another moment of truth in its simmering debt crisis on Friday as regulators release the results of “stress tests” on 91 banks across the continent, an exercise that some fear could fail to credibly answer markets’… Click here to read the full story
Read more..Europe Markets: Europe slide hits four as Philips, BP drop
European shares declined for the fourth straight session on Monday, as Philips and Electrolux lost ground after disappointing some investors on revenue and banks also came under some selling pressure. Click here to read the full story
Read more..ECB Gives Backing to Greek Bank Fund Plans
The European Central Bank gave its backing on Monday to Greek plans for a 10 billion euro aid package to support the country’s banks. Click here to read the full story
Read more..European Bank Tests Put Focus on Capital Hikes
European finance ministers will shift their focus next week onto a possible need for their banks to raise more capital and on who will cover any shortfalls exposed by stress tests. Click here to read the full story
Read more..Europe Markets: Banks rally for second day to help lift Europe
European financials rallied for a second session Thursday, boosted by a combination of hopes for what upcoming profits will show, details on bank stress tests and a broker upgrade. Click here to read the full story
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