Stories Related to Official: Eu Banks Have To Raise $140 Billion

Official: EU banks have to raise $140 billion

share: digg facebook twitter BRUSSELS (AP) — A European official says the European Union's finance chiefs are close to agreeing upon new rules that would force banks to raise just over €100 billion ($140 billion) in new capital to be able to sustain worsening market turmoil.

RELATED ARTICLES
  • Spain education sector hit by strike against cuts
    Thousands of students and teachers staged a strike across Spain on Thursday to protest government austerity measures and a planned new education reforms. More
  • In Germany, a U.S. beer invasion
    Almost 65 years after Allied planes flew Western supplies into blockaded Berlin, a new American import is arriving by air: craft beer. The beer is being flown in as part of a new surge of German interest in American brewing, upending a centuries-old relationship in which German beer defined the golden standard for brewing and Americans emulated it. More
  • Cyprus parliament approves bailout
    Cyprus' lawmakers approved on Tuesday a multi-billion bailout agreement with international creditors aimed at preventing the crisis-hit country from going bankrupt. More
  • Baby food shortage in Europe due to China demand
    Yong-Hee Kim still can't believe that in a prosperous country like Germany, powdered baby formula would ever be rationed and that she would have to scour shops in the German capital to find the right brand for her 13-month-old son. More
  • Pope hints at possible changes to scandal-ridden Vatican bank
    Pope Francis has indicated for the first time that he may make changes to the Vatican's scandal-ridden bank as part of a broad review of the Holy See's troubled administration. More
BING NEWS:
  • Global Regulatory Brief: Risk, capital and financial stability, May edition
    Recent periods of financial stress and the proliferation of risks across the financial system are fueling the development of regulatory initiatives to strengthen requirements and promote international ...
    05/3/2024 - 6:04 am | View Link
  • Goldman Sachs scraps EU-era bonus cap for top bankers in UK, source says
    Goldman Sachs has removed the cap on bonuses for its top bankers in the UK, according to a source familiar with the matter, months after the country axed the policy it had inherited from the European ...
    05/2/2024 - 8:31 pm | View Link
  • EU and US grapple with rate cut conundrum as inflation returns
    Inflation rates on both sides of the Atlantic are proving to be stickier in 2024 than many central bankers expected. They are keeping interest rate cuts off the table for now and raising wider ...
    05/2/2024 - 1:00 am | View Link
  • U.S., allies press UAE over Russia trade, sanctions
    The United States, Britain and the European Union are pressing the United Arab Emirates to show it is cracking down on firms evading sanctions imposed on Russia over the war in Ukraine, according to ...
    05/1/2024 - 3:31 am | View Link
  • Chinese Support for Russia’s War in Ukraine Deepens Friction With U.S., E.U.
    Over 26 months have passed since Russia’s latest invasion of Ukraine. The current stalemate has given way to gradual advances by Russia, as political support for arming Ukraine waned in Western ...
    04/30/2024 - 8:02 pm | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News