Banks, Europe | featured news

Greek Banks Feel Hostage to Debt Crisis

Unlike their government, Greek banks were seen as well-managed and prudent before the crisis. Now they are struggling to find funding.

 

Irish bank tests to show 20 billion euros hole: report

Stress tests on Ireland's four main lenders will reveal a capital hole of around 20 billion euros ($28.2 billion), The Sunday Business Post reported, without citing any sources.

 

Ireland to Split Anglo Irish Bank

Ireland's government moved to reassure anxious investors by announcing it will split nationalized lender Anglo Irish Bank in a bid to contain the impact of the bank's bailout on the country's economy.

 

Seven banks fail E.U. stress test

Broad probe testing 91 European banks finds most are fit to withstand severe economic shocks.

 

Germany, France, U.K. Set Bank Levies

Germany, France, U.K. Set Bank Levies

Germany, France and the UK said Tuesday that they will introduce bank levies to offset the cost of future financial crisis and will urge their counterparts from the Group of 20 industrial and developing nations to do the ...

 

Proposal for Bailout Tax on Banks Gains Support

Proposal for Bailout Tax on Banks Gains Support

President Obama’s proposal for a direct tax on banks to pay for future bailouts is gaining momentum in Europe.

 

France Plans 50% Tax on Bonuses

Finance Minister Christine Lagarde said France will slap a one-off 50% tax on bonuses awarded to bank employees next year.

 

U.S., Europe split on exec bonuses

U.S., Europe split on exec bonuses

How far to go in limiting bankers' bonuses looms as one of the toughest issues at this week's summit of world leaders in Pittsburgh, with clear differences between the U.S. and Europe.

 

European Central Bank Cuts Rate

Aggressive step comes as new data showed that wholesale prices fell 1.9% last month in U.S.

 

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